155 S 19Th Ave Lemoore, CA 93245
For Sale
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This exceptional investment opportunity presents a 7,489-square-foot, single-tenant retail building in Lemoore, California, currently occupied by a Dollar General store under a corporate-guaranteed net lease. The property, built in 2018, boasts a 15-year lease commencing July 28, 2018, and expiring July 31, 2033, leaving approximately 8.7 years remaining. The building features steel and concrete construction, fire sprinklers, and a freight door, situated on approximately 1.05 acres of land. With a strong 5.30% cap rate and a Net Operating Income (NOI) of $129,132, this asset offers a compelling return on investment. The property enjoys a prominent location, less than 0.6 miles from Highway 41/Bush Street exit, benefiting from high visibility and convenient access. Lemoore's economy is supported by major employers including a Naval Air Station and food processing companies, providing a stable market for retail businesses. The property is zoned CMU and has an APN of 023-420-022-000. This is a turnkey investment with exceptional long-term potential. The asking price is $2,436,452.80.
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Dollar General Discount Store
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FedEx OnSite Postal Service Courier Service
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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Amerigas Propane Exchange Propane Supplier
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.