155 19Th Ave Lemoore, CA 93245
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High-yield, single-tenant net lease property.
Property size:
7,489 SFProperty Features for 155 19Th Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 7,489 SF
Building Details
- Year Built
- 2018
- Buildings
- 1
- Units
- 1
Listing Agency: CENTURY 21 Select Real Estate, Inc. Listing Agent: Daniel Mueller
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 7,489-square-foot, single-tenant retail building in Lemoore, California, currently occupied by a Dollar General store under a corporate-guaranteed net lease. The property, built in 2018, boasts a 15-year lease commencing July 28, 2018, and expiring July 31, 2033, leaving approximately 8.7 years remaining. The building features steel and concrete construction, fire sprinklers, and a freight door, situated on approximately 1.05 acres of land. With a strong 5.30% cap rate and a Net Operating Income (NOI) of $129,132, this asset offers a compelling return on investment. The property enjoys a prominent location, less than 0.6 miles from Highway 41/Bush Street exit, benefiting from high visibility and convenient access. Lemoore's economy is supported by major employers including a Naval Air Station and food processing companies, providing a stable market for retail businesses. The property is zoned CMU and has an APN of 023-420-022-000. This is a turnkey investment with exceptional long-term potential. The asking price is $2,436,452.80.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
FedEx OnSite
Postal Service
Redbox
Cinema
Western Union
Bank
Amerigas Propane Exchange
Propane Supplier
Location Insight
- Map
- Local Demand
- City
- Lemoore
- County
- Kings
- State
- California
- Longitude
- -119.7995231
- Latitude
- 36.2973269
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FAQs
What type of property is this?
Individual retail property - High-yield, single-tenant net lease property.
Where is this individual retail property located?
The property is located at 155 19Th Ave Lemoore, CA.
What is the asking price?
The asking price for this property is $2,436,452.
What are key features of this property?
This property features: Free-standing retail building (7,489 SF) on 1.05 acres in Lemoore, CA, 0.6 miles from Hwy 41.; Lemoore, CA location in Kings County, approximately 30 miles south of Fresno.; Excellent access to Routes 41 and 198.
