4645 Jensen ave - Storefront FOR SALE


Fresno, CA 93725- Calwa
$5,272,000 USD
949-230-1487
4645 Jensen ave, Fresno, CA for Sale
$5,272,000 USD
Storefront - FOR SALE
1/9
null | 5.5% Cap Rate

4645 Jensen ave
Fresno, CA 93725
Calwa


HIGHLIGHTS

  • 100% Leased Internet Resistant Multi-Tenant Pad | New Construction | Starbucks Double Drive-Thru | Wingstop | Scheduled Rental Increases | NNN Leases
  • Pad to Jensen Landing | 65,000 SF Retail and 151-Unit Multifamily Development | National Credit Co-Tenants
  • 51,225 VPD Intersection | Excellent Visibility & Access | Prime Real Estate Fundamentals
  • Under Served Retail Destination in City of Fresno
  • 5th Largest City in California | Strong Demographics in 5-Mile Trade Area

OVERVIEW

• Newly constructed 5,646 SF multi-tenant retail shop building. • Internet-resistant tenant mix anchored by Starbucks. • Starbucks (Double Drive-Thru) - new 10-year lease with 10% increases every 5-years. • Wing Stop - new 10-year lease with scheduled rental increases throughout the initial term and option periods. • Terriyaki Madness - new 10-year lease with 10% increases every 5 years • Smoke Shop - New 3-year lease with approximately 3% increases every year • All leases are NNN, minimizing expense leakage for future ownership. • The property features state-of-the-art, brand-new construction with modern materials and contemporary design.

FOR SALE DETAILS

PRICE

$5,272,000 USD

PRICE/SF

$934 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

CC

APN/PARCEL ID

480-030-60

ASK ABOUT THIS PROPERTY

Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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