827 Akers St Visalia, CA 93277

Akers Plaza, located at 827 S Akers St, Visalia, CA 93277, presents a compelling investment opportunity in Tulare County. This 7,337 square foot, multi-tenant property boasts a strong 5.15% capitalization rate and a Net Operating Income (NOI) of $293,386. The asking price is $5,830,000, translating to a price per square foot of $888.65. The property is a fully occupied, four-tenant center, strategically positioned a quarter-mile from Highway 198 ramps, serving the underserved Northwest Visalia area with its high daytime population. The tenant mix comprises 46% dental and 54% retail, ensuring a diversified income stream. Constructed in 2021, the building benefits from a weighted average lease term (WALT) of 8.27 years, providing long-term stability and predictable cash flow. Leases are structured as Triple Net (NNN) agreements. This property offers a rare combination of strong financial performance, desirable location, and a modern, well-maintained building, making it an ideal addition to any investment portfolio. The property is classified as both Medical Office and Shopping Center.