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2344 N Cedar Ave
Fresno, CA 93703
7-Eleven · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,760 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.57 AC
Zoning
C5
Parking
15 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
About 2344 N CEDAR AVE , FRESNO, CA 93703
Capital Pacific is pleased to present a corporate 7-Eleven leased asset in Fresno, California. The investment includes a 15-year corporate lease to 7-Eleven (S&P Rated AA-), enhanced with 10% rent bumps every five years and three 5-year renewal options. 7-Eleven currently sub-leases a small portion of the premises (see rent roll for more info). They signed a rare 15-year lease vs. their standard 10-year lease and took on the sublease for potential future expansion. Landlord and Tenant have invested over $750,000 in improvements including a new roof, HVAC, electrical, coolers, parking lot, and interior.
Property Taxes
| Parcel Number | 447-191-01 | Improvements Assessment | $1,640,468 |
| Land Assessment | $437,456 | Total Assessment | $2,077,924 |
Property Taxes
Parcel Number
447-191-01
Land Assessment
$437,456
Improvements Assessment
$1,640,468
Total Assessment
$2,077,924
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