3682 Shaw Ave - Retail FOR SALE


Clovis, CA 93619
$11,127,000 USD
949-506-2009
3682 Shaw Ave, Clovis, CA for Sale
$11,127,000 USD
Retail - FOR SALE
1/10
null | 5.5% Cap Rate

3682 Shaw Ave
Clovis, CA 93619


HIGHLIGHTS

  • Brand New 20-Year Lease | 5% Scheduled Rental Increases | Corporate Guaranteed (NYSE: TSCO)
  • Rare, Near-NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Surrounded by National & Credit Retailers | Strong Regional Retail Corridor
  • Strong Demographics In 5-Mile Trade Area
  • Located Within the Loma Vista Marketplace | Master-Planned Retail Destination
  • Speculative Mega Project for City of Clovis

OVERVIEW

• The tenant recently executed a brand new 20-year lease with three (3) five-year renewal options, demonstrating a long-term commitment to the site • The lease features 5% rental increases every five years throughout the initial term and option periods, providing consistent NOI growth and a built-in hedge against inflation • Tractor Supply Company continues to demonstrate strong financial performance and is one of the nation’s leading rural lifestyle and agricultural retailers, operating over 2,400 locations nationwide

FOR SALE DETAILS

PRICE

$11,127,000 USD

PRICE/SF

$513 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare, 20-Yr Tractor Supply | NNN | Corp

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

-

APN/PARCEL ID

555-440-58

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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