1168 Leland AveTulare, CA 93274

Property Details for 1168 Leland Ave

Year built

2008

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

5,000 SF

Zone code

C-2

Property type

Office properties

Property subtype

Office buildings

APN

149-130-048-000

APU

149130048000

Description

This exceptional 5,067-square-foot Class A medical office building, constructed in 2008, is ideally situated in the Del Lago Professional Center of Tulare, CA. The property is currently vacant and available for immediate occupancy. The space boasts a complete build-out, perfectly suited for a medical practice. Features include a welcoming reception area, spacious waiting room, fifteen fully equipped exam rooms each with sinks, five restrooms, two private offices, a dedicated nurses' station, a secure records room, a convenient break room, and a well-appointed IT room/data closet. Detailed floor plans are available upon request. This prime East Tulare location offers easy access to desirable residential neighborhoods, major shopping centers, and Highway 99. The building's strategic location makes it a strong candidate for a Federally Qualified Health Center (FQHC), given the high Health Professional Shortage Area (HPSA) scores: Mental Health 16 and Primary Care 17. Lease rate and terms are negotiable. Inquire for further details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $708,832

  6.5%

  $654,306

  7%

  $607,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $663,951

  Geo Method

  $950,800

• Alternative Use

  Use

  Valuation

  Residential

  $811,339

  Hospitality

  $743,183

  Educational

  $618,319

  Medical

  $639,584

  Retail

  $961,830

Location Insight

City

Tulare

County

Tulare

State

California

Latitude

36.2301

Longitude

-119.328

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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