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90 N Main St
Porterville, CA 93257

$3,898,863 USD

Bank For Sale  •  6,007 SF

Property Details

  • Property Type Bank
  • Total Building Size 6,607 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
89 Walk Score

Highlights

Bank of the Sierra (NASDAQ: BSRR) maintains an investment-grade credit rating (BBB+ from Kroll Bond Rating Agency)
Long-term lease through February 2042
Proven operating history spanning multiple decades
Deposits for this location exceed $766,000,000
Adjacent to Sierra Bancorp corporate headquarters, the tenant’s parent company & guarantor
Nearby traffic draws include Porterville High School (2,100 students) & Sierra View Medical Center

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Bank of the Sierra 2/28/2042

Amenities

  • Bus Line

Parking Details

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