2820 Tulare St - Freestanding FOR SALE


Fresno, CA 93721- City Center
$4,500,000 USD
949-244-9335
2820 Tulare St, Fresno, CA for Sale
$4,500,000 USD
Freestanding - FOR SALE
1/7
null | 5.5% Cap Rate

2820 Tulare St
Fresno, CA 93721
City Center


HIGHLIGHTS

  • Single-Tenant NNN Corporate Grocery Outlet: Recent 10-Year Lease Extension; 8+ Years Remaining
  • Grocery Outlet Has Operated at the Location for Over 11 Years
  • Rare NNN Grocery Outlet Lease With Landlord Only Responsible for Structure
  • 10% Increases Every 5 Years; Next Increase in June 2029
  • Corporate-Guaranteed Lease (NASDAQ: GO)
  • Grocery Outlet Has 550+ Stores Across 16 States and $4.1 Billion in Annual Revenue

OVERVIEW

Recent 10-Year Lease Extension | Dense Demographics: 316,000 People in a 5-Mile Radius | Seasoned Location with 11+ Year Operating History

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grocery Outlet | Fresno, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C4

APN/PARCEL ID

468-071-33

ASK ABOUT THIS PROPERTY

Sean CoxHanley Investment GroupMore Info
949-244-9335

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

Sean CoxHanley Investment GroupMore Info
949-244-9335

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