Contacts

John Andreini

CP Partners

Property Details

Property Type Retail - Street Retail
Property Size 89,080 SF
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Building Class C
Date Updated Oct 9, 2024

-High yield investment with 60-year operating history and robust unit level performance. A 15-year absolute net lease with personal and corporate guaranty from the operator with 2.5% annual rental increases in an A+ retail corridor node with over 2M+ SF of class A retail.

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Highlights

15-year absolute net lease with 2.5% annual rental increases
Replaceable market rent
Priced below replacement cost – $179.38/SF
Subject property directly adjacent to Sprouts & Ross and across the street from Lowe’s & Sam’s Club
Heavy retail presence in the trade area directly benefits from the affluent demographics – $116,476 average household incomes within a 3-mile radius of the subject property
Multiple nearby shopping centers with large national anchors including Costco, Target, Kohl’s, Best Buy, Dick’s Sporting Goods, Trader Joe’s, Dick’s Sporting Goods, and In-N-Out attract elevated amounts of daily foot traffic

Attachments

FashionFurniture_FresnoCA.pdf (PDF) opens in new window

Getting around

84/100
Walk Score ®
50/100
Transit Score ®
65/100
Bike Score ®

Powered by Walk Score ®

Location

City Fresno, CA
Neighborhood River Park
Zip Code 93711
Market Central Valley

Points of Interest

El Prado

5.34 miles

Valero

0.31 miles
Costco Gasoline

0.44 miles
Arco

1.07 miles
Sinclair

1.73 miles
76

1.75 miles
Chevron

1.90 miles
eVgo

2.82 miles
Tesla Supercharger

5.30 miles
ChargePoint

5.62 miles

Rolling Hills Park And Ride

3.56 miles
Parking Lot C

4.37 miles
Parking Lot M1

4.38 miles
Parking Lot B

4.41 miles
Parking Lot D

4.42 miles
Parking Lot A

4.47 miles
Fresno City College Parking Structure

5.27 miles
Cell Phone Waiting Lot

6.98 miles
Temperance Park and Ride

7.12 miles
Fresno County Employee Parking Garage

7.63 miles

Raising Cane's

0.18 miles
Wienerschnitzel

0.19 miles
Ming Ho Kitchen

0.19 miles
Capital Donuts

0.19 miles
Famous Dave's

0.20 miles
Little Caesars

0.20 miles
Red Robin

0.22 miles
Carl's Jr.

0.23 miles
The Chicken Shack

0.23 miles
Nick The Greek

0.23 miles

Ross

0.06 miles
Sprouts Farmers Market

0.06 miles
Marshalls

0.29 miles
Big Lots

0.30 miles
Villaggio Shopping Center

0.36 miles
River Park Shopping Center

0.44 miles
Soccer Express

0.45 miles
Target

0.46 miles
Macy's

0.47 miles
Kohl's

0.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.