15000 W Whitesbridge Ave - Service Station FOR SALE


Kerman, CA 93630
$2,100,000 USD
559-349-8615
15000 W Whitesbridge Ave, Kerman, CA for Sale
$2,100,000 USD
Service Station - FOR SALE
1/4
null | 5.54% Cap Rate

15000 W Whitesbridge Ave
Kerman, CA 93630


OVERVIEW

Retail California is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN leased, investment grade (S&P: A), freestanding, 7-Eleven investment located in Kerman, CA (Fresno MSA). The tenant has three (3) years of firm term remaining with no further options to extend. The lease is signed by the corporate entity (S&P: A) and is NNN with limited landlord responsibilities, making this an ideal, low management investment opportunity for a passive investor. The offering features a freestanding 7 Eleven asset with 11 fueling stations. This property is strategically located on the northwest corner of Whitesbridge Ave (Hwy 180) and Madera Ave (Hwy 145) with clear visibility and access to 47,788± cars per day. Hwy 180 is a major arterial connecting Fresno, Freeway 99 and Interstate 5. The property is located at what is considered “main and main” in the City of Kerman. 7 Eleven, Inc. operates the property under the name of 76.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$4,751 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

CG, General Commercial

APN/PARCEL ID

020-120-22S

ASK ABOUT THIS PROPERTY

Lewis SmithRetail CaliforniaMore Info
559-349-8615

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Lewis SmithRetail CaliforniaMore Info
559-349-8615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.