Renovated Grocery-Anchored Shopping
For Sale
Contact for pricing
50 West Olive Avenue, Porterville, CA 93257
Grocery Outlet and Dollar Tree anchor the center, with leased offices and junior-anchor space also included.
Property Size41,697 SF
Lot Size2.92 Acres
Days on Market145
Property Features for 50 West Olive Avenue
General Information
Standard status
Active
Size
41,697 SF
Lot size
2.92 Acres
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Grocery Outlet, Dollar Tree
Building Details
Building Size
41,697 SF
Tenancy
Multi
Listing Agency:
Colliers - Bakersfield, California
Listed By:
John Hale · License #CA 00870084
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:10AM
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 Colliers - Bakersfield, California
Investment Insights
Based on property information with market context.
Located at 50 West Olive Avenue, the property is a renovated shopping center totaling 41,697 sq. ft. on 2.92 acres. Grocery Outlet and Dollar Tree occupy 74.5% of the center as credit tenants, providing established anchor occupancy within the retail component. The building was formerly occupied by Save Mart and has since undergone a complete renovation.
Approximately 8,057 sq. ft. of junior-anchor space remains available in grey shell condition. The balance of the property has been converted to fully leased office space, creating a combination of retail, junior-anchor, and office components within one commercial center.
Approximately 8,057 sq. ft. of junior-anchor space remains available in grey shell condition. The balance of the property has been converted to fully leased office space, creating a combination of retail, junior-anchor, and office components within one commercial center.
Key Highlights
- 41,697 sq. ft. shopping center on 2.92 acres
- Grocery Outlet and Dollar Tree anchor 74.5% of the center
- Approximately 8,057 sq. ft. of junior‑anchor space available
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery Outlet and Dollar Tree anchor the center, with leased offices and junior-anchor space also included.
Where is this shopping center located?
The property is located at 50 West Olive Avenue Porterville, CA.
What are key features of this property?
This property features: 41,697 sq. ft. shopping center on 2.92 acres; Grocery Outlet and Dollar Tree anchor 74.5% of the center; Approximately 8,057 sq. ft. of junior‑anchor space available
