63 And Caldwell Ave Visalia, CA 93277
The Boulevard at Sequoia presents a unique opportunity to lease space in a major retail redevelopment project in Visalia, Tulare County. This 400,789 square foot center, situated on a 24.31-acre lot, is undergoing a complete transformation from the existing Sequoia Mall. The property boasts a prime location at the intersection of Mooney Boulevard (Highway 63) and Caldwell Avenue, the highest trafficked intersection in Visalia and Tulare County. This main-on-main location is surrounded by over 2 million square feet of existing retail within a one-mile radius, establishing it as a regional retail hub for Tulare and Kings Counties. Currently, the entire 400,789 square feet is available for lease, with spaces ranging from 1,200 to 36,800 square feet. The redevelopment includes the construction of new buildings with attractive architecture, along with significant upgrades to landscaping and signage. Several major national retailers are already committed to the project, including Hobby Lobby, Marshalls, Sprouts, Nordstrom Rack, and Barnes & Noble (opening in Q4 2023), with a new state-of-the-art cinema planned for a future phase. The project is zoned CR (Regional Retail Commercial), offering a variety of leasing options including anchor, shop, and pad opportunities. This redevelopment is poised to become the vibrant heart of entertainment, shopping, and dining for the South Valley. This is an exceptional chance to secure a prominent position in a thriving retail environment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.