1460 E Shaw Ave
Fresno, CA 93710
Red Lobster · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 1460 E SHAW AVE , FRESNO, CA 93710
Marcus & Millichap is pleased to present the exclusive listing for Red Lobster located at 1460 East Shaw Avenue in Fresno, California. The property is roughly 8,467 square feet and is situated on approximately 1.48 acres of land. This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23 years remaining on the lease. Current annual rent is$396,806. The rent is scheduled to increase by 2 percent annually, including through the four, five-year tenant renewal options. This Red Lobster is located on 1460 East Shaw Avenue in Fresno, California. Fresno is the fifth largest city in the state of California with over 520,000 in population. Located in central California, Fresno is located three hours South of San Francisco and three hours North of Los Angeles. There are approximately 153,000 people within a three-mile radius of this property and more than 402,000 within a five-mile radius. The property is situated off of East Shaw Avenue, with an average daily traffic count of over 43,000 vehicles.
Property Taxes
| Parcel Number | 418-430-07 | Improvements Assessment | $3,200,000 |
| Land Assessment | $1,300,000 | Total Assessment | $4,500,000 |
Property Taxes
