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Investment Highlights
- Freestanding drive-thru building at a basis well below current replacement cost
- Direct access from Cedar Avenue and just off Nees Avenue
- Central infill location with immediate proximity to dense residential rooftops
- ±2,658 SF structure offers flexibility for a wide range of backfill tenants or adaptive reuse
- Strategically located near a major intersection, providing excellent visibility and accessibility
- Surrounded by a strong mix of national retailers and local favorites, including Batter Up Pancakes and other established operators
Executive Summary
The corporate-operated Jack in the Box on Cedar Avenue is expected to vacate shortly, presenting a rare chance to acquire a drive-thru asset in a high-traffic Fresno corridor. With below-replacement cost basis and strong underlying fundamentals, the site is well-positioned for redevelopment / re-tenanting.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,658 SF
Building Class
B
Year Built
1998
Price
$1,900,000
Price Per SF
$714.82
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.10
Lot Size
0.62 AC
Zoning
C1
Parking
27 Spaces (10.16 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 8008
- 2,658 SF
- Retail
- -
- 60 Days
| Space | Size | Space Use | Position | Available |
| 8008 | 2,658 SF | Retail | - | 60 Days |
8008
| Size |
| 2,658 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 60 Days |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 403-141-21 | Improvements Assessment | $720,380 |
| Land Assessment | $788,109 | Total Assessment | $1,508,489 |
Property Taxes
Parcel Number
403-141-21
Land Assessment
$788,109
Improvements Assessment
$720,380
Total Assessment
$1,508,489
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