90 N Main St, Porterville, CA 93257

The property is a 6,607 square-foot, single-tenant, net-leased Bank of the Sierra located in Porterville, California. The bank has operated from this location for multiple decades and is currently operating on a long-term lease through February 2042. The lease is absolute triple net with zero landlord responsibilities and features 2.25% annual rental escalations throughout the remaining primary term and one three-year renewal option. The lease is backed by a corporate guaranty from Sierra Bancorp. The tenant maintains an investment-grade BBB+ credit rating from Kroll Bond Rating Agency. Deposits for this location exceed $766,000,000. The property is positioned directly adjacent to the corporate headquarters of Sierra Bancorp, which serves as both the tenant’s parent company and lease guarantor. The site benefits from its proximity to Porterville High School (2,100 students) and Sierra View Medical Center, which generate consistent daily traffic to the area. Retailers in the immediate area include Grocery Outlet, Starbucks, Walgreens, Jack in the Box, and Taco Bell. There are approximately 76,000 residents within a five-mile radius of the property, with an average household income exceeding $83,000. Bank of the Sierra is the largest independent community bank headquartered in California’s southern San Joaquin Valley. Founded in Porterville, California, the bank has grown to $3.83 billion in total assets, nearly $3 billion in deposits, 35–36 full-service branches plus loan production offices, and approximately 476–500 employees as of late 2025. It serves retail and commercial banking needs across Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, Santa Barbara, and Los Angeles counties.