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Bank of the Sierra Outparcel

2515 S Mooney Blvd Visalia, CA 93277

2515 S Mooney Blvd, Visalia, CA, 93277
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NNN leased bank branch with long-term lease and escalations.

Property Size3,129 SF
Price / SF$540.13
AddedMay 21
Days on Market55
Last RefreshJun 28 at 8:34 pm

Property Features for 2515 S Mooney Blvd

General Information

Standard status
Active
Size
3,129 SF
Property subtype
RETAIL

Listing office The Boulder Group - Corporate

Listing date May 21, 2026

Source Moodyscre

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 The Boulder Group - Corporate


Investment Insights

Based on property information with market context.

The property is a bank branch occupied by Bank of the Sierra (NASDAQ: BSRR), which maintains an investment-grade credit rating (BBB+ from Kroll Bond Rating Agency). The property benefits from a long-term lease through March 2042 and features absolute NNN terms, meaning no landlord responsibilities. The lease includes 2.25% annual rental escalations. The location is one mile south of College of the Sequoias, which has 14,000 students. Situated along South Mooney Boulevard, the site benefits from a traffic count of 30,500 vehicles per day. It is a grocery outparcel location within a five-mile radius of over 154,000 residents with an average household income exceeding $109,000. The property has a proven operating history spanning multiple decades and contains 3,129 square feet.

Key Highlights

  • Long‑term lease through March 2042
  • Absolute NNN – No landlord responsibilities
  • Enjoy 2.25% annual rental escalations

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.6k $21.60
− Vacancy −$3.8k −$1.21
EGI $63.8k $20.39
− OpEx −$16.0k −$5.10
NOI $47.9k $15.29
3,129 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$683.6K
$598.1K – $797.5K (±1% cap)
NOI $47,851 @ 7.0% cap · market cap 2.83%
Second Best
Retail
$638.0K
$558.3K – $744.4K (±1% cap)
NOI $44,661 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$857.2K
$750.0K – $1.00M (±1% cap)
NOI $60,002 @ 7.0% cap · market cap 3.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bank of the Sierra Bank

Suggested Use

HVAC Service Kitchen & Bath Showroom Electrical Service Garden Center Plumbing Service Travel Agency Acupuncture Locksmith Hotel & Motel Grocery & Convenience Store

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

FAQs

What type of property is this?
Bank - NNN leased bank branch with long-term lease and escalations.
Where is this bank located?
The property is located at 2515 S Mooney Blvd Visalia, CA.
What is the asking price?
The asking price for this property is $1,690,066.
What are key features of this property?
This property features: Long‑term lease through March 2042; Absolute NNN – No landlord responsibilities; Enjoy 2.25% annual rental escalations
Contact an agent
(847) 562-8500 Call to check price and availability
More about this property
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