Business center for rent on N Hockett Street, Porterville, CA

Excellent Owner/User with Passive Income: ±3,738 SF consisting of multiple quality suites. Freestanding building offering various configurations ready to lease out or occupy. All units are MTM allowing an owner user to utilize a portion of the spaces or a value-add investor to lease out the spaces at market rates. Multi-tenant building with (3) office spaces, (2) salon spaces, restroom, storage room, kitchen & waiting area on the first floor. The second floor consist of (4) salon spaces, waiting area, office & restroom. There is also an additional structure located behind the main building that consist of (1) salon area, waiting room & restroom. Ample free parking located on the property, in addition to to street parking. Current gross rents are $39,000 annually, with opportunity for increases. Great SBA loan candidate requiring only 10% or $42K down!

Highlights

• Great Owner User Building w/ Passive Rental Income

• Annual Gross Income: $39,000 | Low Maintenance Tenants

• Excellent Downtown Location – Prime Downtown Exposure

• MTM Leases Offering Significant Value-Add Play

• Excellent SBA Loan Candidate w/ Built In Passive Income

• Upside in Leasing Potential or Owner/User Occupancy

• Well-Known Freestanding Corner Building w/ Parking

• Low Maintenance, Well Maintained, and Economical Spaces

• Ample Free Parking & Prime Access To Downtown Shops

• Separate Suites ~ Multiple Configurations Available

• Private Offices/Salon Spaces | Multiple Entrance Points

• Convenient Location Between CA-65 and Main Street

• Excellent Presence Surrounded with Quality Tenants