5180 N Blackstone Ave - Freestanding FOR SALE


Fresno, CA 93710- Hoover
$1,995,000 USD
559-352-1054
5180 N Blackstone Ave, Fresno, CA for Sale
$1,995,000 USD
Freestanding - FOR SALE
1/7
null | 5.86% Cap Rate

5180 N Blackstone Ave
Fresno, CA 93710
Hoover


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$443 USD /SF

CAP RATE

5.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-6

APN/PARCEL ID

418-080-76

ASK ABOUT THIS PROPERTY

Brett ToddFortune AssociatesMore Info
559-352-1054

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Brett ToddFortune AssociatesMore Info
559-352-1054

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