Single-Tenant Leased Retail
For Sale
$1,929,626
3529 West Noble Avenue, Visalia, CA 93277
Single-tenant NNN leased retail building currently occupied by Dollar Tree.
Property Size10,500 SF
Price / SF$183.77
Days on Market199
Property Features for 3529 West Noble Avenue
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Commercial
Lease Term
±10 YRS
Net Operating Income
$130,249
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Matthews Real Estate Investment Services | Walnut Creek
Listed By:
Vince Chapey · License #02102058 (CA)
(925) 718-7525
Source:
Matthews
Added: Apr 10
Changed: Oct 25
Last Checked: Oct 24 at 1:25PM
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 Matthews Real Estate Investment Services | Walnut Creek
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Investment Insights
Based on property information with market context.
This 10,500 square foot single-tenant NNN leased retail building is offered for sale. The property is occupied by Dollar Tree under a current lease.
The asset is located at 3529 W. Noble Avenue in Visalia, California.
As a single-tenant, NNN structure leased to Dollar Tree, the offering provides a retail investment configuration centered on one operating tenant.
The asset is located at 3529 W. Noble Avenue in Visalia, California.
As a single-tenant, NNN structure leased to Dollar Tree, the offering provides a retail investment configuration centered on one operating tenant.
Key Highlights
- 10,500 SF single‑tenant NNN leased retail building in Visalia, CA
- Currently occupied by Dollar Tree under the existing lease
- NNN leased retail property with single tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,869
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,997,380
$3.0M
Cap Rate 7%
$2,140,986
$2.1M
Cap Rate 9%
$1,665,211
$1.7M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$226.8K $21.60/SF
− Vacancy
−$12.7K −$1.21/SF
EGI
$214.1K $20.39/SF
− OpEx
−$64.2K −$6.12/SF
NOI
$149.9K $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%
$2,997,380
Cap Rate 7%
$2,140,986
Cap Rate 9%
$1,665,211
Alternative Uses
Best Use
Retail
$2.14M
$1.87M – $2.50M
NOI $149,869 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,348 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
ARCO
Shops & Services
30,875 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,431 visits/mo
0.4 miles
AMPM
Shops & Services
8,296 visits/mo
0.4 miles
Golden China
Dining
4,261 visits/mo
0.4 miles
Guadalajara
Dining
2,947 visits/mo
0.4 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
Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant NNN leased retail building currently occupied by Dollar Tree.
Where is this retail space located?
The property is located at 3529 West Noble Avenue Visalia, CA.
What is the asking price?
The asking price for this property is $1,929,626.
What are key features of this property?
This property features: 10,500 SF single‑tenant NNN leased retail building in Visalia, CA; Currently occupied by Dollar Tree under the existing lease; NNN leased retail property with single tenant occupancy
