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Save Mart 4043 W Clinton Ave 50,518 SF Retail Building Fresno, CA 93722 $7,534,935 ($149.15/SF) 6.20% Cap Rate
Investment Highlights
- Prime Infill Central California Location
- Excellent Intrinsic Value and Future Upside
- Long-Term Lease with Built-In Growth
- Corporate Lease with Save Mart Companies
- Strong Store Sales and Healthy Rent Ratio
- Absolute NNN Lease – Zero Landlord Responsibilities
Executive Summary
Rare Single-Tenant Absolute NNN Grocery Asset - This investment includes a ±50,518 SF single-tenant Save Mart grocery store on a ±5.01-acre parcel, operating under an absolute NNN lease with zero landlord responsibilities. Located in the heart of Fresno, which is the county seat of Fresno County and the most populous city in Central California.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
50,518 SF
Building Class
C
Year Built
1996
Price
$7,534,935
Price Per SF
$149.15
Cap Rate
6.20%
NOI
$467,166
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
5.01 AC
Zoning
C1 - Commercial
Parking
262 Spaces (5.19 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,411,030 | |
| Land Assessment | $2,032,955 | Total Assessment | $7,443,985 |
Property Taxes
Parcel Numbers
Land Assessment
$2,032,955
Improvements Assessment
$5,411,030
Total Assessment
$7,443,985
Contacts
-
Patrick Wade -
Alex Kozakov -
Vivian Tran -
Matthew Greenberg -
Bo Henderson -
Jack Webber -
CBRE, Inc.
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Videos
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Photos
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Street
Map
Presented by
Save Mart | 4043 W Clinton Ave
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