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±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia

Listing was updated on: 10/16/2019
±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia ±3,510 SF Commercial Office Building For Sale Off of Mooney/Caldwell, Visalia

Property Overview

Price/Rent PSF $ 669,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 3,510
Date Available 10/16/2019
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Description

Location
Prime location just East of Mooney Blvd and North of Caldwell Ave, one of the busiest intersections in Visalia. Within 1 mile there is approximately 2 million square feet of retail and office space, making this the regional office and retail destination for residents in Tulare County. Subject is South of CA-198, East of Highway 99, and West of S Court St.

Sale
±3,510 SF newer construction investment deal of General, Professional, and/or Medical Office space off Mooney and Caldwell in Heritage Plaza. Freestanding building offering 15 leased offices and 1 conference room (16 rooms). The private offices are oversized proving to be extremely easy to lease and the conference room is a generous size offered as a free common amenity. The property offers ample private parking in the rear and excellent street frontage for signage. Pre-wired for high speed Internet. Street Signage is Available. Property offers easy street access leading from the three major corridors with ample private parking available. Excellent investment pushing a leveraged cash-on-cash return of 11.57% with 30% down, which produces a 1.69 Debt Coverage Ratio!

Location

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