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875 Shaw Ave
Clovis, CA 93612
Lowe's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
164,351 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2003
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.32
Lot Size
11.67 AC
Zoning
C-2; Community Shopping D
Parking
625 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
597’ on Shaw Ave

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

ABOUT 875 SHAW AVE , CLOVIS, CA 93612

Meridian Pacific, LTD is pleased to offer a fee simple interest sale of Lowe’s Plaza: 12 acres with a long-term credit tenant ground lease with Lowe’s 164,350,000 square foot located in Clovis, CA (“Property”). The Property is situated at the intersection of Shaw Avenue and Clovis Avenue, close to Highway 168, which boasts an off ramp depositing vehicles directly onto East Shaw Avenue, which carries over 140,000 cars per day. A new 250,000 SF Costco at the intersection of Shaw and Santa Ana Ave is under construction, across from the Lowe’s location. Lowe’s Plaza offers investors a stable income stream with a strong credit tenant and long-term ground lease through at least February 2028. The Property is an ideal 1031 exchange opportunity with a successful location and has a low interest assumable loan. This Lowe’s is 26th in sales volume out of their 2,000 store locations.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
498-032-38S
Land Assessment
$182,052
Improvements Assessment
$278
Total Assessment
$182,330
  • Listing ID: 12612410

  • Date on Market: 5/18/2018

  • Last Updated:

  • Address: 875 Shaw Ave, Clovis, CA 93612

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