Class A Office Building For
For Sale
Contact for pricing
500 N Santa Fe St, Visalia, CA
Fully occupied, 32,000 SF office building with strong tenant.
Property Size32,000 SF
Lot Size1.10 Acres
Price / SF$33.07
Days on Market806
Property Features for 500 N Santa Fe St
General Information
Standard status
Active
Size
32,000 SF
Lot size
1.10 Acres
Property subtype
OFFICE
Listing Agency:
Graham & Associates
Listed By:
Matthew 'Matt' Graham
(559) 754-3020
Source:
Moodyscre
Added: Jun 27, 2024
Changed: Aug 14
Last Checked: Sep 9 at 11:54AM
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 Graham & Associates
Investment Insights
Based on property information with market context.
This is a fully occupied, Class-A professional office building constructed in 2008. The building has 32,000 square feet of space, featuring over 40 offices and abundant open office space on both floors. It includes an elevator, lobby space, community room, secured storage, multiple conference rooms, mail room, and balconies. The property is located in a high-growth area with a projected population growth of 4.4% for the years 2019-2022. The building is currently occupied by Gallagher Insurance, a US-based insurance tenant with a global presence, a 19.3 billion market cap, and 33,247 employees. The property presents a value-add potential with an upcoming lease renewal based on fair market value, as current area rents are higher.
Key Highlights
- Strong US‑Based Insurance Tenant (Gallagher Insurance) with Global Presence
- Value‑Add Potential with Upcoming Lease Renewal at Higher Market Rents
- Fully Occupied Class‑A Professional Office Building
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,161
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied, 32,000 SF office building with strong tenant.
Where is this office building located?
The property is located at 500 N Santa Fe St Visalia, CA.
What is the asking price?
The asking price for this property is $1,058,112.
What are key features of this property?
This property features: Strong US‑Based Insurance Tenant (Gallagher Insurance) with Global Presence; Value‑Add Potential with Upcoming Lease Renewal at Higher Market Rents; Fully Occupied Class‑A Professional Office Building
