306 N Conyer St Visalia, CA 93291

4,851 SF 0.36 ac lot Built 1983

Individually Owned 4-yr Hold ~ Est. High Equity

Property ID

US09-6070069

$799,000 4,851 SF

306 N Conyer St, Visalia, CA 93291
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This fully leased, 4,851 square foot medical office building presents a compelling investment opportunity in Visalia, CA. Located at 306 N Conyer St, in Tulare County, this 100% occupied property boasts a strong NOI of $64,800 and a 7.22% cap rate. The building, constructed in 1983 and situated on a 0.36-acre lot, features two adjoining medical offices. The larger space (approximately 3,619 sq ft) includes a spacious waiting room, reception area, ten exam rooms, two labs, four private offices, two large nursing stations, three break rooms, and three restrooms. The smaller office (approximately 1,232 sq ft) offers a waiting room, reception area, four exam rooms, a break area, two restrooms, and a private doctor's office. The property is zoned for mixed use downtown and is currently under a Net Net + lease with a remaining term of two years. The asking price is $875,000, representing a price per square foot of $180.38. This turnkey investment offers a stable income stream and significant potential for future growth in a thriving Central Visalia location. The property's fourteen exam rooms, five private offices, two labs, five restrooms, and two large waiting rooms provide ample space for medical practices.