222 N Garden St
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222 N Garden St
10,985 SF 100% Leased Office Building Visalia, CA 93291 $2,792,500 ($254/SF) 5.39% Cap Rate
Executive Summary
Incredible investment opportunity to own a “Class A” professional office building in downtown Visalia. The fully leased building is tastefully designed, well maintained, and ideally located next to a City of Visalia parking lot. It is within walking distance to all of downtown Visalia’s restaurants, shops and more. See current lease information below. Please call for further details.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,985 SF
Building Class
A
Year Built
2004
Price
$2,792,500
Price Per SF
$254
Cap Rate
5.39%
NOI
$150,516
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,985 SF
Building FAR
0.74
Lot Size
0.34 AC
Zoning
CDT - Central Downtown
Amenities
- Bus Line
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
Parcel Number | 094-285-014-000 | Improvements Assessment | $2,223,984 |
Land Assessment | $166,849 | Total Assessment | $2,390,833 |
PROPERTY TAXES
Parcel Number
094-285-014-000
Land Assessment
$166,849
Improvements Assessment
$2,223,984
Total Assessment
$2,390,833
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222 N Garden St
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