List Search

232 N Valencia Blvd
Woodlake, CA 93286

$1,669,848 USD

Bank For Sale  •  5,000 SF

Property Details

  • Property Type Bank
  • Total Building Size 5,047 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1935
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
78 Walk Score

Highlights

Limited banking competition – the nearest bank branch is 10 miles south in Exeter, CA
Bank of the Sierra (NASDAQ: BSRR) maintains an investment-grade credit rating (BBB+ from Kroll Bond Rating Agency)
Long-term lease through December 2041
Proven operating history spanning multiple decades
Absolute NNN – No landlord responsibilities
2.25% annual rental escalations

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Bank of the Sierra 12/31/2041

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Jimmy Goodman 847-562-8500 The Boulder Group
Jimmy Goodman 847-562-8500 The Boulder Group