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Available For Sale - Retail

17,570 SF | Show Pricing $

AVAILABILITY DETAILS

Size
17,570 SF
Price/SF
Show Pricing $
Listing ID
SA415928
Notes
We are pleased to present this popular Rite-Aid located in Visalia, CA with a Price Improvement.​ This Rite-Aid is one of the top producing stores within the California Central Valley and features a double drive through facility/prescription drive thru and has a strong operating history.​ Rite-Aid's popularity with the community and its 20-year commitment with 6 additional successive terms of five (5) year each (options) to extend (Rent Increase 5% per option), demonstrates their commitment to this location.​ Rite-Aid is located on a hard corner with excellent visibility and high traffic count.​ Centrally located, this prime Retail net investment property, is in the heart of East Visalia, CA and operates as a high performing essential services business.​







In addition to the Drive Thru Pharmacy, the building contains approximately 17,272 SF of interior space there is also ample Parking Spaces and is on a NN lease.​







With a 2020 population of 137,272, it is the 44th largest city in California.​ Visalia is currently growing at a rate of 1.28% annually and its population has increased by 10.31% since the most recent census, which recorded a population of 124,442 in 2010.​ Spanning over 38 miles, Visalia has a population density of 3,620 people per square mile.​







Visalia serves as the economic center of the Sequoia Valley region, which is one of the most productive agricultural areas of the entire USA.​ Due to this strong agricultural presence, many of the workers live locally, which contributes to the more than 147,000 residents within a 5-Mile radius.​

Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Carmen Gray, RE/MAX Gold
BRE# 02040799