Fairway St Visalia, CA 93277
- Office Properties & Spaces
- 3,510 SF
- 0.31 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for Fairway St
- Year built
- 2001
- Lot size
- 0.31 lot acres
- Property size
- 3,510 SF
- Property type
- Office Properties & Spaces
Description
This exceptional commercial investment opportunity in Visalia, CA, presents a freestanding office building at 3,510 square feet situated on a 0.31-acre lot. The property boasts 15 leased private offices and a large conference room, totaling 16 rentable units. The oversized private offices are highly desirable and easily leased, contributing to the property's strong cash flow and impressive 7.6% capitalization rate. A significant advantage is the inclusion of a generously sized conference room offered as a free amenity to tenants. Ample private parking is available at the rear of the building, complemented by excellent street frontage ideal for prominent signage. The central location ensures easy access from major traffic arteries, enhancing visibility and tenant appeal. This turnkey investment is ready for a new owner to benefit from its established income stream and high occupancy rate. The building's size, location, and amenities make it an attractive option for both individual investors and larger portfolio holders seeking a stable and profitable addition to their holdings. The property's strong performance history and current occupancy levels suggest a continued positive trajectory for future returns. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.311
- Latitude
- 36.3186