Situated along Blackstone Avenue, one of Fresno's most heavily trafficked and commercially vibrant corridors, this property offers unparalleled visibility and accessibility. With high vehicle counts and close proximity to major national retailers, popular eateries, and essential services, this location serves as a magnet for both consumer traffic and long-term business viability.
The property is anchored by AT&T, a globally recognized leader in telecommunications and a Fortune 500 company. AT&T has maintained a strong presence at this location since 1998, reflecting a deep-rooted commitment to this strategic site. Their longstanding occupancy is a testament to the stability and desirability of the property.
The current lease, structured on a Triple Net (NNN) basis, extends through June 30, 2026, offering an investor immediate income stability with monthly rent of $9,745.50. In addition, the tenant holds an option to extend the lease for an additional five-year term through June 30, 2031, at an increased monthly rent of $10,720.05—providing further assurance of future cash flow and continued tenancy.
This is a rare opportunity to acquire a turnkey investment with a nationally recognized tenant in a high-visibility, high-traffic location, making it a compelling asset for any investor seeking long-term income and strong market fundamentals.
Attractive Features for Investors
1. Established Tenant: Secure and consistent rental income from a Fortune 500 company.
2. Long Term Stability: Nearly three decades of tenancy with options for continued occupancy.
3. High-Visibility Location: Strategically located retail site on Blackstone Avenue, providing high-traffic count visibility and building signage.
4. Below replacement costs value.
5. Current lease rate at below market rents.