2104 Riggin Ave Visalia, CA 93291-7116
This exceptional Class A retail investment opportunity presents a 9,601 square foot property situated on a 2.18-acre lot in Visalia, California. The property, located at 2104 W Riggin Ave (APN 078-350-042), is zoned C-MU and features a Valero gas station, a convenience store, and a quick-service restaurant (QSR). The asking price is $12,250,000, translating to $1,275.91 per square foot. The property boasts long-term NNN leases in place with both local and nationally recognized tenants, providing a stable and substantial income stream. Recent improvements include a newly updated car wash and renewed leases with QSR tenants. The property benefits from its location in a rapidly developing area of Visalia, offering significant potential for future appreciation. This is an ideal opportunity for an owner-user seeking long-term supplemental income from existing NNN leases. Further financial details are available upon request. The property's strong tenant base, recent upgrades, and prime location make it a compelling investment prospect. This turnkey operation offers a rare chance to acquire a high-performing retail asset in a thriving market.
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Super Taco Restaurant
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
CSO · Visalia, CAVisalia. Always verify with local authorities before improvements.
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.