Property profile

63 And Caldwell Ave Visalia, CA 93277

OFF-MARKET
Retail properties & Spaces
400,789 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 400,789 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

63 And Caldwell Ave Visalia, CA 93277
Visalia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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