US FOODS CHEF'STORE Grocery
For Sale
Contact for pricing
4216 S Mooney Blvd, Visalia, CA 93277
Warehouse-format grocery retail serving foodservice buyers, small businesses, organizations, and household shoppers without membership requirements.
Property Size30,273 SF
Price / SF$229.73
Days on Market145
Property Features for 4216 S Mooney Blvd
General Information
Standard status
Active
Size
30,273 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$417,269
Building Details
Year Built
2003
Year Renovated
2021
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 9
Changed: Aug 30
Last Checked: Aug 30 at 9:38PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This 30,273-square-foot grocery and convenience retail property was built in 2003 and is associated with the US FOODS CHEF'STORE banner. The warehouse-format concept provides wholesale-oriented access to food and non-food merchandise without requiring customer memberships.
Located at 4216 S Mooney Blvd in Visalia, California, the property serves a broad customer base that includes restaurants, caterers, small businesses, non-profits, and household shoppers. Product categories identified for the operation include groceries, produce, meat, dairy, deli goods, kitchen equipment, and janitorial supplies.
Located at 4216 S Mooney Blvd in Visalia, California, the property serves a broad customer base that includes restaurants, caterers, small businesses, non-profits, and household shoppers. Product categories identified for the operation include groceries, produce, meat, dairy, deli goods, kitchen equipment, and janitorial supplies.
Key Highlights
- 30,273‑square‑foot grocery and convenience retail property
- Built in 2003
- US FOODS CHEF'STORE branded retail operation
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
$462,959
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
6.66%
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%
$9,259,180
$9.3M
Cap Rate 7%
$6,613,700
$6.6M
Cap Rate 9%
$5,143,989
$5.1M
Market Conditions
NOI Build-Up for 30,273 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
$653.9K $21.60/SF
− Vacancy
−$36.6K −$1.21/SF
EGI
$617.3K $20.39/SF
− OpEx
−$154.3K −$5.10/SF
NOI
$463.0K $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%
$9,259,180
Cap Rate 7%
$6,613,700
Cap Rate 9%
$5,143,989
Alternative Uses
Best Use
Specialty Retail
$6.61M
$5.79M – $7.72M
NOI $462,959 @ 7.0% cap · market cap 6.66%
Second Best
Retail
$6.17M
$5.40M – $7.20M
NOI $432,095 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$8.29M
$7.26M – $9.68M
NOI $580,515 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
1.3M
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 38%
Shops & Services 17%
Dining 14%
Apparel 12%
Costco Wholesale
Superstores
208,829 visits/mo
0.5 miles
Target
Superstores
154,339 visits/mo
0.2 miles
Walmart
Superstores
125,853 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
72,344 visits/mo
0.4 miles
Best Buy
Electronics
63,442 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Target Grocery — 4247 S Mooney Blvd, Visalia, CA 93277
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Warehouse-format grocery retail serving foodservice buyers, small businesses, organizations, and household shoppers without membership requirements.
Where is this grocery and convenience store located?
The property is located at 4216 S Mooney Blvd Visalia, CA.
What is the asking price?
The asking price for this property is $6,954,486.
What are key features of this property?
This property features: 30,273‑square‑foot grocery and convenience retail property; Built in 2003; US FOODS CHEF'STORE branded retail operation
