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15000 W Whitesbridge Ave
Kerman, CA 93630
Retail Property For Sale
EXECUTIVE SUMMARY
Retail California is pleased to offer the opportunity
to acquire the fee simple interest (land and building
ownership) in a NNN leased, investment grade (S&P: A),
freestanding, 7-Eleven investment located in Kerman,
CA (Fresno MSA). The tenant has three (3) years of firm
term remaining with no further options to extend. The
lease is signed by the corporate entity (S&P: A) and is
NNN with limited landlord responsibilities, making this
an ideal, low management investment opportunity for a
passive investor. The offering features a freestanding 7
Eleven asset with 11 fueling stations.
This property is strategically located on the northwest
corner of Whitesbridge Ave (Hwy 180) and Madera Ave
(Hwy 145) with clear visibility and access to 47,788± cars
per day. Hwy 180 is a major arterial connecting Fresno,
Freeway 99 and Interstate 5. The property is located
at what is considered “main and main” in the City of
Kerman. 7 Eleven, Inc. operates the property under the
name of 76.
to acquire the fee simple interest (land and building
ownership) in a NNN leased, investment grade (S&P: A),
freestanding, 7-Eleven investment located in Kerman,
CA (Fresno MSA). The tenant has three (3) years of firm
term remaining with no further options to extend. The
lease is signed by the corporate entity (S&P: A) and is
NNN with limited landlord responsibilities, making this
an ideal, low management investment opportunity for a
passive investor. The offering features a freestanding 7
Eleven asset with 11 fueling stations.
This property is strategically located on the northwest
corner of Whitesbridge Ave (Hwy 180) and Madera Ave
(Hwy 145) with clear visibility and access to 47,788± cars
per day. Hwy 180 is a major arterial connecting Fresno,
Freeway 99 and Interstate 5. The property is located
at what is considered “main and main” in the City of
Kerman. 7 Eleven, Inc. operates the property under the
name of 76.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
442 SF
Building Class
C
Year Built
1981
Price
$2,100,000
Price Per SF
$4,751.13
Cap Rate
5.54%
NOI
$116,435
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.56 AC
Zoning
CG, General Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 020-120-22S | Improvements Assessment | $335,620 |
| Land Assessment | $676,260 | Total Assessment | $1,011,880 |
PROPERTY TAXES
Parcel Number
020-120-22S
Land Assessment
$676,260
Improvements Assessment
$335,620
Total Assessment
$1,011,880
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