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Property profile & analytics
OFF-MARKET
Lifestyle centers

190 Jaye St Porterville, CA 93257

100,000 SF
Property ID
US09-5789809
Property summary
AI-generated overview

This exceptional 100,000 square foot retail center, located at the Northwest corner of Highway 190 and Jaye Street (Highway 65) in Porterville, California, presents a compelling investment opportunity. Currently, 10,000 square feet of space is available for lease within this multi-tenant shopping center, which is strategically positioned to benefit from significant residential growth in South Porterville. Over 400 single-family and 120 multi-family units are planned, expanding the potential customer base. The property boasts excellent visibility and accessibility, with frontage on Highway 190, capturing substantial commuter traffic. Its proximity to major employers, including a Lowe's anchored center, a Walmart distribution facility (approximately 1,000 employees), the Porterville Developmental Center (over 1,200 employees), and Porterville College (nearly 5,000 students), all within a 3-mile radius, ensures a strong and diverse customer base. The site is approved for retail development and offers flexible building opportunities including anchor, junior anchor, pad, and multi-tenant pad options. Located in Tulare County, zip code 93257, this property represents a rare chance to acquire a well-situated retail asset in a rapidly growing market. The property is situated at 190 & South Jaye Street, Porterville, CA 93257.

Property profile
Verified
Property type Lifestyle centers
Total area 100,000 SF
UPID US09-5789809
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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