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Photography available after free registration below
Virtual Drive-By

Citizens Bank NNN

65 W Olive Ave · Porterville, CA 93257 · Banking / Financial

Asking price
$1,900,000
Cap rate
—
NOI (derived)
—

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining—
Expiration06/2027
Rent bumps—
Options—
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,100
Price / SF$373
Year built—
Lot size—
TypeTraditional Office
Days on market494

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Property overview

  • ​

    Location

  • ​

    This commercial office building is located in downtown Porterville on Olive Ave and Main Street at 65 W.​ Olive Avenue, Porterville, CA.​

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    Size

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    The building is +/-5,100 square feet and the lot is +/-22,500 square feet.​

  • ​

    Building Use

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    Office building is currently rented to Citizens Business Bank.​

  • ​

    Legal

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    Tulare County APN: 260-214-006

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    Remarks

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    This fully leased investment property is leased to Citizens Business Bank through June 30, 2027.​ The lessee has two additional five-year options to extend the lease.​ The monthly lease rate is $10,000 per month, NNN.​ The property is ideally located in downtown Porterville, close to other local businesses and with convenient access to CA Highway 65.​

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.