6417 N Riverside Dr | Fresno, CA 93722
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- LoopNet Team
6417 N Riverside Dr
Fresno, CA 93722
Floor & Decor / 20 Yr Lease / Absolute NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong National Credit & Growing Tenant (NYSE: FND) | S&P Credit Rating: BB- | Market Cap: $9.38B (3/4/21)
- Long Term 20-Year Initial Term NNN Ground Lease (Land Ownership for Buyer) With Growing Income Stream
- Below Replacement Cost | $66 PSF
- Strong Stock Performance | Stock Has Nearly Doubled In 2020
- 10% Rent Increases Every 5 Years | Zero landlord Responsibilities | Abs. NNN
- Only Floor & Decor In Fresno County (Adjacent to Target & Hobby Lobby) | Freeway Location (Highway 99) | Over 74,000 VPD
PROPERTY FACTS
Property Type
Building Size
79,487 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
5.72 AC
Zoning
C-3
Parking
358 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 504-092-50S | Improvements Assessment | $10,824,321 |
| Land Assessment | $2,164,864 | Total Assessment | $12,989,185 |
PROPERTY TAXES
Parcel Number
504-092-50S
Land Assessment
$2,164,864
Improvements Assessment
$10,824,321
Total Assessment
$12,989,185
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