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Prime Visalia Retail Building
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2240 S Mooney Blvd, Visalia, CA 93277

Freestanding building in Visalia's retail corridor with high visibility.

Property Size17,000 SF
Price / SF$220.59
Days on Market217

Property Features for 2240 S Mooney Blvd

General Information

Standard status Active
Size 17,000 SF
Property subtype Retail
Zoning CR

Building Details

Year Built 1958
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Mark Saito Company
Listed By: Patrick Monreal · License #CA 02007579
Source: Crexi
Added: Mar 3 Changed: Oct 1 Last Checked: Oct 5 at 4:38PM

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 Mark Saito Company

Investment Insights

Based on property information with market context.

This freestanding building is situated in Visalia's primary retail corridor along Mooney Blvd., benefiting from high traffic volume. The property features approximately 40 parking spaces and prominent street frontage with pylon signage. The building includes 12-foot ceiling height and three overhead doors. It is located adjacent to national tenants such as AT&T and Denny's, offering exposure in an active retail market. The location is near Visalia Mall and surrounded by shopping centers including Packwood Creek Shopping Center, Gateway Plaza, and the renovated Sequoia Mall, which includes Nordstrom Rack, Barnes & Noble, and Daiso. Additional national retailers in the vicinity include Hobby Lobby, Grocery Outlet, Save Mart, WinCo Foods, Walgreens, and CVS. The property offers strategic freeway access via CA-198, CA-63, and CA-99, and is surrounded by residential neighborhoods. Ongoing retail development along Mooney Boulevard and the completed Sequoia Mall transformation enhance the area. The property is suitable for retailers, restaurants, and service-oriented businesses. The building size is 17000 square feet.

Key Highlights

  • Prime location on Mooney Blvd. with exceptional visibility and ±50,000 VPD.
  • Benefit from ±40 parking spaces and prominent street frontage with pylon signage.
  • Strategic freeway access via CA‑198, CA‑63, and CA‑99.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$242,646
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,852,920 $4.9M
Cap Rate 7%
$3,466,371 $3.5M
Cap Rate 9%
$2,696,067 $2.7M
Market Conditions
NOI Build-Up for 17,000 SF
Gross rent
$367.2K $21.60/SF
− Vacancy
−$20.6K −$1.21/SF
EGI
$346.6K $20.39/SF
− OpEx
−$104.0K −$6.12/SF
NOI
$242.6K $14.27/SF
Area
Visalia, CA
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,852,920
Cap Rate 7%
$3,466,371
Cap Rate 9%
$2,696,067

Alternative Uses

Best Use
Retail
$3.47M
$3.03M – $4.04M (±1% cap)
NOI $242,646 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.66M
$4.07M – $5.43M (±1% cap)
NOI $325,992 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Goodwill Industries of San ... Discount Store

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Plumbing Service Travel Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,336
Businesses Nearby
670k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 46% Dining 23% Shops & Services 17% Home Improvements & Furnishings 6%
Kohl's Apparel
62,680 visits/mo 0.2 miles
JCPenney Apparel
58,621 visits/mo 0.2 miles
Marshalls Apparel
57,959 visits/mo 0.4 miles
In-N-Out Burger Dining
57,667 visits/mo 0.3 miles
Macy's Apparel
55,378 visits/mo 0.1 miles

Demographics for 93277, CA

53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Plant-It Greenery — 2345 W Beech Ave #3281, Visalia, CA 93277

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding building in Visalia's retail corridor with high visibility.
Where is this storefront property located?
The property is located at 2240 S Mooney Blvd Visalia, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime location on Mooney Blvd. with exceptional visibility and ±50,000 VPD.; Benefit from ±40 parking spaces and prominent street frontage with pylon signage.; Strategic freeway access via CA‑198, CA‑63, and CA‑99.
(559) 284-9028 Call to check price and availability
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