2127 S Giddings Street Visalia, CA 93277

Building Details

Year Built

1997

Listing agency CMT Properties, Inc. r***@agriwealthinc.com Show Phone

Listed by Robert Stites Show Phone

Source Xome

Added: May 12 Updated: Jul 21 at 2:26PM Checked: Jul 21 at 2:26PM

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Investment Insights

Based on property information with market context.

Leased church property offered for sale at 2127 S Giddings Street, Visalia, CA 93277. The property is currently leased to a local church with an initial term of two years and an option to extend for one additional year. Per the lease terms, the tenant will have a buyout at the end of year two or year three.

The property is described as R1 zoned on approximately 0.88 acres. The lease is structured as NNN at $6,000 per month, with the tenant responsible for repairs and maintenance and CAPEX. The seller’s materials list a 7.2% CAP rate and the property is offered AS IS.

Key Highlights

• 0.88‑acre R1‑zoned property with a conditional use permit (CUP) to operate a church
• Currently leased to a local church for 2 years, with an option to extend 1 year
• NNN lease structure: tenant responsible for all repairs, maintenance, and CAPEX

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FAQs

What type of property is this?

Church & religious facility - Church property is leased under an NNN structure with tenant responsibility for repairs, maintenance, and CAPEX.

Where is this church & religious facility located?

The property is located at 2127 S Giddings Street Visalia, CA.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: 0.88‑acre R1‑zoned property with a conditional use permit (CUP) to operate a church; Currently leased to a local church for 2 years, with an option to extend 1 year; NNN lease structure: tenant responsible for all repairs, maintenance, and CAPEX