49 W Tulare Ave, Tulare, CA
Retail property leased to State Foods Supermarkets with long-term stability.
- Added:
- Jul 25, 2025
- Days on Market:
- 322
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 49 W Tulare Ave
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Lot size
- 1.74 Acres
- Property subtype
- RETAIL
Listing agent Troy A. McKenney (559) 269-0705
Listing office Retail California Commercial Real Estate (559) 256-1700
Listing date Jul 25, 2025
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 Retail California Commercial Real Estate
HighLights
- 10‑year NNN lease with options to extend, providing long‑term income stability.
- $240,000 annual net operating income with a 6% cap rate.
- Lease is personally guaranteed by the CEO and CFO of State Foods Supermarkets, Inc.
- Tenant, State Foods Supermarkets, operates 10 locations throughout California’s Central Valley, indicating strong regional presence.
- Located on a 1.56‑acre lot with ample parking.
- Property benefits from strong visibility and consistent consumer traffic.
Overview
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 | $434.7k | $30.00 |
| − Vacancy | −$23.9k | −$1.65 |
| EGI | $410.8k | $28.35 |
| − OpEx | −$102.7k | −$7.09 |
| NOI | $308.1k | $21.26 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Food Mart — Visalia, CA 93291
- Vallarta Supermarkets — 600 W Center Ave, Visalia, CA 93291
- DT Lounge — 300 S Court St, Visalia, CA 93291
- Best Buy Market IGA | Visalia CA — 1300 W Walnut Ave, Visalia, CA 93277
Location Insight
- Map
- Local Demand
- City
- Tulare
- County
- Tulare
- State
- California
- Longitude
- -119.348
- Latitude
- 36.2071
