602-622 Academy Ave - Freestanding FOR SALE


Sanger, CA 93657- Eastern Fresno
$4,990,000 USD
949-244-9335
602-622 Academy Ave, Sanger, CA for Sale
$4,990,000 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

602-622 Academy Ave
Sanger, CA 93657
Eastern Fresno


HIGHLIGHTS

  • 100% Occupancy; Internet-Resistant Tenant Mix: Tenants include Verizon, Wingstop, Deli Delicious, Bumble Bee, Classic Urgent Care and EVgo
  • Long-Term Historical Occupancy: 87% of the tenancy has occupied space at the property for 9+ years
  • Outstanding Co-Tenant Lineup: National tenants in the shopping center include Starbucks, Taco Bell, Denny’s, and Napa Auto Parts
  • High Barriers to Entry with Limited Surrounding Retail Competition
  • Excellent Visibility Along Main Retail Corridor
  • High-Growth Trade Area: The number of households has increased over 12.5% in a 3-mile radius over the past 10 years

OVERVIEW

Top-Performing Multi-Tenant Pad | 87% of Tenants Have Occupied Space at the Property for 9+ Years | Internet-Resistant Tenant Mix

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$624 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon & Wingstop Multi-Tenant Pad

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C-2

APN/PARCEL ID

314-150-21,314-150-23,320-111-06

ASK ABOUT THIS PROPERTY

Sean CoxHanley Investment GroupMore Info
949-244-9335

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Sean CoxHanley Investment GroupMore Info
949-244-9335

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