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536-544 Academy Ave
Sanger, CA 93657
Denny's Multi-Tenant Pad | Sanger, CA · Retail Property For Sale
Investment Highlights
- Denny’s Multi-Tenant Pad: 100% occupied, 7,325-square-foot pad with internet-resistant tenant mix
- Ruby Nails & Spa: Full-service nail salon; top nail salon in Sanger – 4.8 stars (Google Reviews)
- High Barriers to Entry with Limited Surrounding Retail Competition
- Denny’s has successfully operated at the subject property for 17 years and recently exercised a 5-year option
- Zeus Fresh Mediterranean: Mediterranean restaurant rooted in fresh, wholesome cuisine serving traditional Greek food with multiple locations
- Excellent Visibility Along Main Retail Corridor
Executive Summary
Top-Performing Multi-Tenant Pad | Denny’s 17-Year Operating History; Top 25% Nationwide (Placer.ai) | Internet-Resistant Tenant Mix
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,325 SF
Building Class
B
Year Built
2002
Price
$3,590,000
Price Per SF
$490.10
Cap Rate
5.75%
NOI
$206,425
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.82 AC
Zoning
c-2
Parking
20 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
153’ on Academy Ave
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Number | 320-091-17S | Improvements Assessment | $1,231,077 |
| Land Assessment | $290,786 | Total Assessment | $1,521,863 |
Property Taxes
Parcel Number
320-091-17S
Land Assessment
$290,786
Improvements Assessment
$1,231,077
Total Assessment
$1,521,863
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