Freestanding Retail Building with
For Sale
Contact for pricing
2600 S MOONEY BLVD, Visalia, CA 93277
Freestanding retail building with prominent street frontage, pylon signage, and 30 on-site parking spaces along a busy corridor.
Property Size8,000 SF
Price / SF$206.25
Days on Market64
Property Features for 2600 S MOONEY BLVD
General Information
Standard status
Active
Size
8,000 SF
Class
B
Total Parking Spaces
25
Property subtype
Retail, Mixed Use
Zoning
CR
Additional Details
Highway Access
Yes
Clear Height
12 ft
Building Details
Year Built
1960
Buildings
1
Stories
1
Units
1
Listing Agency:
Mark Saito Company
(559) 284-9028
Listed By:
Patrick Monreal · License #CA 02007579
Source:
Crexi
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 11 at 2:48PM
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 highly visible freestanding building is positioned to serve retail or service users needing flexible clear height. The site offers prominent street frontage and large pylon signage, supported by efficient 12-foot clear heights. On-site parking totals 30 spaces, providing practical access for customers and staff.
The property sits in the core of Visalia’s dominant Mooney Boulevard retail corridor, where it benefits from strong daily traffic counts and excellent exposure on one of the city’s busiest commercial arterials. It is surrounded by multiple retail hubs, including The Visalia Mall, Packwood Creek Shopping Center, Gateway Plaza, and the newly redeveloped Sequoia Mall, which has welcomed national tenants such as Nordstrom Rack, Barnes & Noble, and Hobby Lobby. Convenient connectivity to CA-198, CA-163, and CA-99 places the location within easy reach of surrounding neighborhoods and nearby cities.
For tenants and operators, the combination of prominent signage, straightforward customer parking, and clear heights supports a range of retail or service concepts. The property’s placement within a dense, established retail node also aligns well with businesses seeking steady customer visibility from a heavily traveled corridor.
The property sits in the core of Visalia’s dominant Mooney Boulevard retail corridor, where it benefits from strong daily traffic counts and excellent exposure on one of the city’s busiest commercial arterials. It is surrounded by multiple retail hubs, including The Visalia Mall, Packwood Creek Shopping Center, Gateway Plaza, and the newly redeveloped Sequoia Mall, which has welcomed national tenants such as Nordstrom Rack, Barnes & Noble, and Hobby Lobby. Convenient connectivity to CA-198, CA-163, and CA-99 places the location within easy reach of surrounding neighborhoods and nearby cities.
For tenants and operators, the combination of prominent signage, straightforward customer parking, and clear heights supports a range of retail or service concepts. The property’s placement within a dense, established retail node also aligns well with businesses seeking steady customer visibility from a heavily traveled corridor.
Key Highlights
- Freestanding retail building built in 1960 on Visalia’s Mooney Boulevard retail corridor
- Prominent street frontage with large pylon signage for strong on‑road exposure
- 30 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$122,342
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,446,840
$2.4M
Cap Rate 7%
$1,747,743
$1.7M
Cap Rate 9%
$1,359,356
$1.4M
Market Conditions
NOI Build-Up for 8,000 SF
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.
Gross rent
$172.8K $21.60/SF
− Vacancy
−$9.7K −$1.21/SF
EGI
$163.1K $20.39/SF
− OpEx
−$40.8K −$5.10/SF
NOI
$122.3K $15.29/SF
Area
Visalia, CA
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,446,840
Cap Rate 7%
$1,747,743
Cap Rate 9%
$1,359,356
Alternative Uses
Best Use
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,342 @ 7.0% cap · market cap 7.41%
Second Best
Retail
$1.63M
$1.43M – $1.90M
NOI $114,186 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,408 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with prominent street frontage, pylon signage, and 30 on-site parking spaces along a busy corridor.
Where is this retail space located?
The property is located at 2600 S MOONEY BLVD Visalia, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Freestanding retail building built in 1960 on Visalia’s Mooney Boulevard retail corridor; Prominent street frontage with large pylon signage for strong on‑road exposure; 30 on‑site parking spaces
