Log In/Sign Up
Your email has been sent.
2615 S Chestnut Ave 6,786 SF Retail Building Fresno, CA 93725 $2,975,000 ($438.40/SF) 5% Cap Rate
Investment Highlights
- High-identity building situated on a signalized corner with ±24,115 average daily traffic.
- Strong store location for performance and consumer base with surrounding residential population and work force.
- Landlord responsible for building roof and structure.
- $12,500 monthly rent with 10% increase due 12/1/28.
Executive Summary
High-identity building situated on a signalized corner with ±24,115 average daily traffic. AutoZone Development Corporation is in a current Double Net lease with 9+ years remaining in the term, and (2) five-year options. AutoZone had $53.48B market CAP with $17.48B in 2023. Surrounding area co-tenants include Subway, Dollar General, 7-Eleven, and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,786 SF
Building Class
B
Year Built
2008
Price
$2,975,000
Price Per SF
$438.40
Cap Rate
5%
NOI
$148,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.42 AC
Opportunity Zone
Yes
Zoning
C-M - light industrial
Parking
55 Spaces (8.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 481-140-25 | Improvements Assessment | $2,565,363 |
| Land Assessment | $519,566 | Total Assessment | $3,084,929 |
Property Taxes
Parcel Number
481-140-25
Land Assessment
$519,566
Improvements Assessment
$2,565,363
Total Assessment
$3,084,929
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2615 S Chestnut Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.