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255 W El Paso Ave
Fresno, CA 93711
Fashion Furniture · Retail Property For Sale
Investment Highlights
- 15-year absolute net lease with 2.5% annual rental increases
- Priced below replacement cost – $179.38/SF
- Heavy retail presence in the trade area directly benefits from the affluent demographics – $116,476 average household incomes within a 3-mile radius
- Replaceable market rent
- Subject property directly adjacent to Sprouts & Ross and across the street from Lowe’s & Sam’s Club
- Multiple nearby shopping centers with large national anchors including Costco, Target, Kohl’s, Best Buy, Dick’s Sporting Goods, Trader Joe’s
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
89,080 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
3.66 AC
Zoning
CM
Property Taxes
| Parcel Number | 303-670-14S | Improvements Assessment | $5,911,481 |
| Land Assessment | $2,058,822 | Total Assessment | $7,970,303 |
Property Taxes
Parcel Number
303-670-14S
Land Assessment
$2,058,822
Improvements Assessment
$5,911,481
Total Assessment
$7,970,303
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