Contacts

John Andreini

CP Partners

Property Details

Property Type Retail - Street Retail
Property Size 21,138 SF
Lot Size 1.67 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Date Updated Oct 9, 2024

-High yield investment with 19-year operating history. A 15-year absolute net lease personally backed by 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 landlord friendly lease with 2.5% annual rental increases
Replaceable market rent
Priced below replacement cost – $207.54/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

LouRodmans_FresnoCA.pdf (PDF) opens in new window

Getting around

82/100
Walk Score ®
49/100
Transit Score ®
66/100
Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

Costco Gasoline

0.48 miles
Valero

1.08 miles
eVgo

2.83 miles
Chevron

4.50 miles
76

4.52 miles
7-Eleven

4.69 miles
Costco Gasoline

4.93 miles
Speedway

5.06 miles
Valero

5.31 miles
Shell

5.47 miles

Rolling Hills Park And Ride

3.58 miles
Parking Lot C

4.43 miles
Parking Lot M1

4.44 miles
Parking Lot B

4.47 miles
Parking Lot D

4.48 miles
Parking Lot A

4.53 miles
Temperance Park and Ride

7.18 miles
Fresno County Employee Parking Garage

7.62 miles
Convention Center Garage

7.65 miles
Parking Lot T: Visitor Parking

7.85 miles

Wienerschnitzel

0.25 miles
Famous Dave's Bar-B-Que

0.26 miles
Red Robin

0.26 miles
Little Caesars

0.28 miles
Hooters

0.31 miles
Panera Bread

0.41 miles
Elephant Bar Restaurant

0.49 miles
California Pizza Kitchen

0.50 miles
Five Guys

0.52 miles
In-N-Out Burger

0.58 miles

Sprouts Farmers Market

0.12 miles
Villaggio Shopping Center

0.39 miles
River Park Shopping Center

0.49 miles
Macy's

0.52 miles
Target

0.53 miles
Walmart Supercenter

0.59 miles
Vons 2181

1.28 miles
Target

1.64 miles
Save Mart

2.07 miles
Lassens Natural Food & Vitamins

2.19 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.