Park Village West Shopping Center: Newly Remodeled & Move-In Ready

Signalized hard corner in close proximity between HWY-99 & HWY-63 on Alta and Saginaw Ave, located just north of E Saginaw Ave, east of N Bates Ave, south of E North Way, and west of N Alta Ave. Provides easy access to various Alta Ave & El Monte Way retail amenities. Dinuba is centrally located in the Tulare County in the San Joaquin Valley, one of the nation's most productive agricultural regions. Surrounding national tenants are McDonalds, Dutch Bros, Walmart, Starbucks, Jack in the Box, Me n Eds, Round Table, I Hop, Dollar Tree, A&W, Bank of the West, Bank of the Sierra, Wimpys, Dominos Pizza, Cricket, AT&T, Circle K, Family Dollar, and many others!100% Leased Investment Opportunity: ±3,264 SF freestanding building on ±0.26 Acres (±11,514 SF) of General, Professional, and/or Medical space off Blackstone on Shields Ave. Offers (5) economical separately metered spaces leased to long-term tenants on AIR lease forms. Value-add opportunity with actual rents of $34,974.31/year collected plus upside through rent increases. After Suite #A and #B’s under-market rates are addressed and the built-in rental increases are experienced, the realistic 12-18 month stabilized gross annual income is $40,260 (15.12% upside). Unique investment offering easy-to-rent small office spaces within an under-built market (replacement value of $546K) with a strong need for these type of spaces. Once stabilized, the deal offers a 11.75% cash-on-cash return when leveraged with 30% down (1.76 DCR). Features a functional floor plan that each tenant has made substantial tenant improvements to. Multiple configurations ranging from 493 SF up to 816 SF with the ability to combine spaces to create larger units. Clean office spaces with fresh paint, new hard-surface flooring, and move-in ready spaces! Each unit has access to high speed Internet, separate meters, access to clean restrooms, private entrances (w/ secured entry gate), 20+ outdoor LED lights during the night hours, and consists of demising walls (can be combined). Brand new asphalt slurry coat, HVAC's and roof are less than 10 years old, full LED exterior lit private parking (plus street), excellent corner signage, great visibility and easy access to CA-41 and CA-99 on/off ramps.Prime "Park Village West" Neighborhood Center well-located on Dinuba’ busiest #1 Retail destination corridor – Alta Avenue – historically, serving the vast majority of Dinuba and Reedley residents. Offers newly remodeled 1,000 SF 1st class inline retail shop spaces on a high-traffic intersection with 375' of Alta exposure, monument signage & lit sign boxes. #D has a rear private office and wide open front office/retail area. #J is a former turn-key salon and recent tattoo parlor that has 2 private rear rooms, and a wide open front area with 2 separate sinks. The shopping center has been recently remodeled with new façade treatments, new vertical architectural icons, and new landscaping. The first-class recent remodel includes brand-new hard-surface flooring throughout, crown molding, New HVAC, updated energy efficient features, LED lighting, fresh interior/exterior paint, 30+ outdoor LED lights during the night hours, and lush landscaping. Front and Side private parking lot, easy access, abundant parking, spacious new restrooms, and direct signage/exposure the Main North/South Retail Corridor (N. Alta Ave). Large Daytime Population just north of El Monte Way on the Alta Ave retail corridor adjacent to from Rite Aid, Perkos, Taco Bell, Grocery Outlet, Valley Heath Urgent Care, Tropicana Supermarket, Rent-A-Center, Valero, Lincoln Elementary and many more!