Single-Tenant Retail NNN
For Lease
$3,840,000 NNN (Triple Net)
49 W Tulare Avenue, Tulare, CA 93274
Freestanding single-tenant retail asset on a large lot, under a long-term NNN lease with personal CEO and CFO guarantees.
Space SizeContact for details
Lot Size1.56 Acres
Days on Market49
Property Features for 49 W Tulare Avenue
General Information
Standard status
Active
Lot size
1.56 Acres
Property subtype
Retail
Occupancy
100%
Financials
Cap Rate
6%
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
Newmark Pearson Commercial | Fresno
(559) 447-6277
Listed By:
Troy McKenney · License #CalDRE #00952671
Source:
Retailcalifornia
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 11 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Pearson Commercial | Fresno
Investment Insights
Based on property information with market context.
49 W Tulare Ave is a single-tenant retail property comprising approximately 14,490 square feet on a 1.56-acre lot. The building is leased to State Foods Supermarkets, Inc. under a recently signed 10-year NNN lease with options to extend.
The property is presented as well-located with strong visibility and ample parking, supported by consistent consumer traffic. It is described as operating within California’s Central Valley, where State Foods Supermarkets has 10 locations.
For tenants, this structure offers a built-in, long-term operating environment tied to an NNN model. For buyers and investors, the lease is supported by additional security: it is personally guaranteed by both the CEO and CFO of State Foods Supermarkets, Inc. The property is also reported to generate stable net operating income of $240,000 annually.
The property is presented as well-located with strong visibility and ample parking, supported by consistent consumer traffic. It is described as operating within California’s Central Valley, where State Foods Supermarkets has 10 locations.
For tenants, this structure offers a built-in, long-term operating environment tied to an NNN model. For buyers and investors, the lease is supported by additional security: it is personally guaranteed by both the CEO and CFO of State Foods Supermarkets, Inc. The property is also reported to generate stable net operating income of $240,000 annually.
Key Highlights
- Single‑tenant retail property leased to State Foods Supermarkets
- Approximately 14,490 SF on a 1.56‑acre lot
- 10‑year NNN lease signed recently with options to extend
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93274, CA
78,493
Population
24,493
Households
3.2
Avg Household Size
31
Median Age
11%
College-Educated
75%
High-School Grad
219.2 sq mi
ZIP Area
358
Density / Sq Mi
$69,905
Median Household Income
$37,434
Median Earnings
$1,334
Median Rent
$300,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- F & M Market — 206 W Cross Ave, Tulare, CA 93274
- Grocery Outlet — 170 E Cross Ave, Tulare, CA 93274
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding single-tenant retail asset on a large lot, under a long-term NNN lease with personal CEO and CFO guarantees.
Where is this grocery and convenience store located?
The property is located at 49 W Tulare Avenue Tulare, CA.
What is the lease rate?
The lease rate is $3,840,000.
What are key features of this property?
This property features: Single‑tenant retail property leased to State Foods Supermarkets; Approximately 14,490 SF on a 1.56‑acre lot; 10‑year NNN lease signed recently with options to extend
