Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    825-841 W Henderson Ave Porterville, CA 93257

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    48,032 SF retail space available for lease.

    Property size:
    48,032 SF
    Lot size:
    20.90 Acres

    Property Features for 825-841 W Henderson Ave

    General Information

    Size
    48,032 SF
    Lot size
    20.90 Acres

    We can help!

    Listing Contact
    Nick Frechou
    Nick Frechou
    Source: Moodyscre

    Listing Agent: Nick Frechou

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Former Retail Space in Porterville

    The subject property available for lease is a 48,032 square foot former 99 Cents Only location at 825 W Henderson Ave in Porterville, CA. The location experiences an average of approximately 26,705 cars per day at the intersection of Henderson and Indiana St.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.0358356
    Latitude
    36.0787953

    Nearby Similar for Lease

    • $5,250 /Mo
      7,560 SF

      Move-In Ready Downtown Office Space

      Fully furnished office suite in the heart of downtown.
      119 N Main St, Porterville, CA 93257
      View Details
    • Contact for pricing
      160,000 SF

      Adaptable Office Space in Porterville

      Premier Porterville location with modern design and adaptable floor plans.
      600 S E St, Porterville, CA 93257
      View Details
    • $0.75 SF/Yr
      2,500 SF

      Porterville Flex Space with Yard

      Flex space with fenced yard and convenient highway access.
      1835 Thunderbolt Dr, Porterville, CA 93257
      View Details
    • $1.10 SF/Yr
      2,500 SF

      Renovated Retail/Office Space Available

      Retail/office space in a recently renovated, high-traffic commercial center.
      346-362 N Porter Rd, Porterville, CA 93257
      View Details
    • $1.00 SF/Yr
      2,062 SF

      Retail Space in Busy Corridor

      Retail space available in established, high-traffic Porterville location.
      172 N Main St, Porterville, CA 93257
      View Details
    • $8 SF/Yr
      13,000 SF

      Downtown Porterville Retail Space

      13,000 SF Office/Retail, Multiple Units Available
      75 Olive Ave, Porterville, CA 93257
      View Details
    • $1,800 /Mo
      2,000 SF

      Freestanding Industrial Building in Porterville

      Industrial building with CA-65 exposure, large yard, and highway access.
      1309 S Main St, Porterville, CA 93257
      View Details
    • $2,000 /Mo
      1,740 SF

      Downtown Porterville Retail Shop Space

      Prime retail space in a high-traffic downtown location.
      53 E Cleveland Ave, Porterville, CA 93257
      View Details
    • $0.75 SF/Yr
      7,670 SF

      Freestanding Building with Flexible Zoning

      Corner lot building with flexible zoning, multiple spaces, and ample parking.
      416 S Main St, Porterville, CA 93257
      View Details
    • $8 SF/Yr
      10,500 SF

      West Porterville Warehouse Space

      10,500 SF Warehouse, Two Units Available
      1839 Thunderbolt Dr, Porterville, CA 93257
      View Details
    • $1.75 SF/Yr
      2,167 SF

      Downtown Porterville Office Space Available

      Move-in ready office space with on-site parking in downtown.
      245 W Cherry Ave, Porterville, CA 93257
      View Details
    • $2.00 SF/Yr
      1,200 SF

      Turn Key Medical Office Space

      Move-in ready medical office space in a well-known freestanding building.
      567 W Putnam Ave, Porterville, CA 93257
      View Details

    FAQs

    What type of property is this?
    Retail space - 48,032 SF retail space available for lease.
    Where is this retail space located?
    The property is located at 825-841 W Henderson Ave Porterville, CA.
    What are key features of this property?
    This property features: - 48,032± SF former 99 Cents Only location; - High traffic location: 26,705± cars per day; - Located at the intersection of Henderson and Indiana St
    (559) 447-6266
    Request Owner's contact information
    825-841 W Henderson Ave Porterville, CA 93257
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    825-841 W Henderson Ave
    Porterville, CA 93257
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    825-841 W Henderson Ave Porterville, CA 93257
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nick Frechou
    Nick Frechou
    Real Estate License ID: CA 01887999
    (559) 447-6266
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.