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1290 W Henderson Ave
Porterville, CA 93257

Food 4 Less · Retail Property For Sale

Investment Highlights

  • Below Market Rents at $10.69/sf/yr NNN, Value Add Opportunity upon lease expiration
  • Strong Food 4 Less with over 815.2k annual visits (the highest visit count for grocery in Porterville)
  • Excellent co-tenancy with Walmart (ranked 50/209 California Walmart locations for annual visits - 2.3m) and OfficeMax (ranked 60/247 of nationwide Of
  • Extremely High Sales Volume
  • Below replacement costs ($195.00/sf)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
52,620 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
3.82 AC
Zoning
C-R - Commercial Retail
Parking
150 Spaces (2.85 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
246-120-023-000
Land Assessment
$2,362,855
Improvements Assessment
$5,021,069
Total Assessment
$7,383,924
  • Listing ID: 29750576

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: 1290 W Henderson Ave, Porterville, CA 93257

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