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5262 N Blackstone Ave 13,503 SF 59% Leased Flex Building Fresno, CA 93710 $2,727,273 ($201.98/SF) 5.71% Cap Rate



Investment Highlights
- Highly Visible Location
- AMERICAN TIRE DEPOT 10% INCREASE DEC 2026
- ATD: 10% VERSUS FMV DEC 2031
Executive Summary
Absolute NNN Investment Opportunity for a multi-tenant retail property with American Tire Depot as the anchor tenant. The additional retail space is currently vacant totaling 7,015 square feet and can be divided into 2 separate spaces.
American Tire Depot has a 10% rent increase in December 2026 and then 10% increase vs FMV in December 2031. The lease term has 12 years remaining. In addition, the lease has 4 options with three being 4-years and one 4-year.
6.02% Cap rate is Pro Forma. Current Cap Rate is 5.71%
American Tire Depot has a 10% rent increase in December 2026 and then 10% increase vs FMV in December 2031. The lease term has 12 years remaining. In addition, the lease has 4 options with three being 4-years and one 4-year.
6.02% Cap rate is Pro Forma. Current Cap Rate is 5.71%
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,727,273 | Lot Size | 1.01 AC |
| Price Per SF | $201.98 | Rentable Building Area | 13,503 SF |
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 5.71% | Year Built | 1973 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | Regional Mixed-Use (RMX) - Regional Mixed-Use (RMX) zone. Retail, restaurant, light industrial. | ||
| Price | $2,727,273 |
| Price Per SF | $201.98 |
| Sale Type | Investment NNN |
| Cap Rate | 5.71% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.01 AC |
| Rentable Building Area | 13,503 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Opportunity Zone |
Yes |
| Zoning | Regional Mixed-Use (RMX) - Regional Mixed-Use (RMX) zone. Retail, restaurant, light industrial. |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- American Tire Depot
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| American Tire Depot | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
First and Second floor office space, total 7,760 sf ideal for retail, medical, office, or showroom use
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,560 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 5,560 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,560 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
First and Second floor office space, total 7,760 sf ideal for retail, medical, office, or showroom use
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 418-060-20 | Improvements Assessment | $1,883,940 |
| Land Assessment | $897,600 | Total Assessment | $2,781,540 |
Property Taxes
Parcel Number
418-060-20
Land Assessment
$897,600
Improvements Assessment
$1,883,940
Total Assessment
$2,781,540
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5262 N Blackstone Ave
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