155 S 19th Ave Lemoore, CA 93245
High-quality retail asset built in 2018 with long-term tenant.
Property Features for 155 S 19th Ave
General Information
- Standard status
- Active
- Size
- 7,489 SF
- Lot size
- 1.05 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2018
Listing office CENTURY 21 Select Real Estate, Inc. (916) 704-9341
Listing date Nov 7, 2024
Source Crexi
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 CENTURY 21 Select Real Estate, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Single‑tenant, triple‑net leased retail asset
- Built in 2018 (relatively new construction)
- +/- 7,489 SF of rentable retail space
Local Financial Insights For 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 | $112.3k | $15.00 |
| − Vacancy | −$6.6k | −$0.89 |
| EGI | $105.7k | $14.11 |
| − OpEx | −$31.7k | −$4.23 |
| NOI | $74.0k | $9.88 |
