2811 N BLACKSTONE AVE Fresno CA 93703

100% leased investment opportunity: Freestanding building totaling ±6,866 SF on ±0.4 Acres (±17,424 SF) of office or retail space off Blackstone Ave. Offers (9) economical separate spaces each with a private restroom leased to longterm tenants at a modified gross lease rate. (2) suites feature brand new HVAC's. Cash cow with in-place rents of $75,600/year collected plus upside potential. All tenants pay the scheduled base rent plus the actual cost of all customary

"pass-through" expenses such as Trash, Water, and Electrical to eliminate these items from the Landlords ledger.

After realizing the scheduled annual increases (3%/ year) and extending leases to the market rate of $1.40/SF/month for the smaller units, the realistic 6-12 month gross annual income is scheduled to be $94,584 (25% upside). Unique investment offering easy-to-rent small office spaces in a under-built market offering a strong need for these type of spaces. The deal offers a 9.87% cash-on-cash return when leveraged with 30% down, producing a 2.01 DCR!

Unique flexibility offering configurations ranging from ±3751,200 SF with the ability to combine spaces to create larger units via existing connecting doors between the units. Access to high speed Internet, separate meters, private ADA restrooms, full exterior lit private parking lot, excellent existing signage, great visibility & easy access to CA-41 ramps.

• Blackstone Ave Exposure & Pylon Signage Near Manchester

• 7.46% Cap & 8.51% Cash-on-Cash Return In Place

• Cash Cow To Produce $95K In Rents ($16.8/SF/Yr)

• Long-Term Tenants | Low Turnover | Low Maintenance

• Newer Quality Roof, 2021 New HVAC's, & Hard Surface Floor

• Well-Known Freestanding Building @ Corner

• Private Lit Parking Lot + Street Parking | Great Visibility

• Convenient Location Between CA-99 and CA-41

• Busy & Established Retail Corridor w/ Access to Manchester

• Close Proximity to Major Traffic Generators (Blackstone Ave)

• Great Access & Visibility w/ Unmatched Level of Consumer Traffic

• Against Newly Upgraded Shields Avenue w/ Bus Stop Access

• Nearby Manchester Center & Blackstone Retailers

• Quality Construction | Well Maintained | Economical Spaces