2310 W Cleveland Ave - Fast Food FOR SALE


Madera, CA 93637
$1,470,000 USD
562-205-0902
2310 W Cleveland Ave, Madera, CA for Sale
$1,470,000 USD
Fast Food - FOR SALE
1/18
null | 4.65% Cap Rate

2310 W Cleveland Ave
Madera, CA 93637


HIGHLIGHTS

  • Absolute triple net lease with zero landlord responsibilities.
  • Long-term stability with a 20-year lease and multiple renewal options.
  • Built-in 2% annual rent increases beginning in October 2026.
  • Surrounded by strong national and regional co-tenancy, including Walmart, Lowe’s, and McDonald’s.
  • High-traffic retail corridor with excellent visibility and access to CA-99.

OVERVIEW

This offering represents an opportunity to acquire a fully leased, single-tenant retail property in the heart of Madera’s primary retail corridor. The asset is occupied by a nationally recognized quick-service restaurant under an absolute triple net (NNN) lease, providing zero landlord responsibilities and a truly passive income stream. The current lease commenced in 2014 with a 20-year term and includes three five-year renewal options, ensuring long-term stability for investors.The property benefits from a built-in rental growth structure, with 2% annual increases beginning in October 2026, enhancing income predictability and long-term value. Positioned on a 16,553 SF parcel along West Cleveland Avenue, the site enjoys strong visibility and access within a high-traffic trade area anchored by major national retailers such as Walmart, Lowe’s, Ross, and McDonald’s. Located less than half a mile from CA-99 and within proximity to Madera Municipal Airport and Fresno Yosemite International Airport, the property offers excellent regional connectivity. This investment combines a creditworthy tenant, a proven location, and a stable income profile, making it an attractive addition to any portfolio seeking durable cash flow and minimal management obligations.

FOR SALE DETAILS

PRICE

$1,470,000 USD

PRICE/SF

$1,526 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rally's Burger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C1, Madera

APN/PARCEL ID

006-390-019

ASK ABOUT THIS PROPERTY

David ParkDAUM Commercial Real Estate ServicesMore Info
562-205-0902

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David ParkDAUM Commercial Real Estate ServicesMore Info
562-205-0902

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