6767 N 1st St - Fast Food FOR SALE


Fresno, CA 93710- Hoover
$2,100,000 USD
209-481-5438
6767 N 1st St, Fresno, CA for Sale
$2,100,000 USD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

6767 N 1st St
Fresno, CA 93710
Hoover


OVERVIEW

CoSol Commercial Real Estate is pleased to present the opportunity to acquire a single-tenant net-lease investment located at 6767 N First Street, Fresno, California. The property is offered at a purchase price of $2,100,000 and is subject to a 15-year NNN lease by the owner with scheduled 10% rent increases every five (5) years, providing long-term income stability and built-in rent growth. The lease includes three (3) additional five-year renewal options, further extending the potential duration of the income stream. The investment is structured as a sale-leaseback, with lease commencement occurring at Close of Escrow, allowing the buyer to acquire the property with an established tenant in place from day one. The lease generates $105,000 in annual Net Operating Income, with landlord responsibilities minimized under the NNN lease structure. This offering presents investors with predictable cash flow, contractual rent escalations, and a long remaining lease term. The property is improved with a ±4,124 square foot freestanding building situated on an approximately 0.55-acre parcel, supporting continued use as a single-tenant restaurant. Located along North First Street in Fresno, the site benefits from its positioning within an established commercial corridor serving surrounding residential and retail uses. The combination of long-term lease security, scheduled rent increases, and sale-leaseback structure makes this offering well-suited for investors seeking stable income with limited management obligations.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C2

APN/PARCEL ID

408-070-12

ASK ABOUT THIS PROPERTY

Jacob FriedrichCoSoL Commercial Real EstateMore Info
209-481-5438

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Jacob FriedrichCoSoL Commercial Real EstateMore Info
209-481-5438

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