160 E Bullard Ave
17,196 SF Freestanding Retail | Flooring Liquidators | 6.0% Cap | NNN Lease
Marketing description
160 E Bullard Ave is a ±17,196 SF freestanding retail property located in Fresno, CA. Built in 1993 and situated on a ±0.97-acre parcel, the property is prominently positioned on East Bullard Avenue near Highway 41, offering excellent visibility and convenient access to the surrounding Fresno market.
The property is 100% leased to Flooring Liquidators, a leading California-based retailer specializing in flooring, cabinets, and installation services. In 2023, the company was acquired by Live Ventures (Nasdaq: LIVE) in an $84M transaction, strengthening its financial backing and long-term stability.
The tenant operates under a 10-year NNN lease that commenced January 2023, with three 5-year renewal options. The lease generates $18,915 per month ($226,980 annually), equating to $1.10/SF/month, with minimal landlord responsibilities. At the offering price of $3,783,000, the investment provides a 6.00% cap rate backed by a stable, credit-enhanced tenant.
This offering presents investors with a secure, long-term retail investment in a strong Central Valley location, supported by a nationally recognized operator.
Investment highlights
±17,196 SF freestanding retail building on ±0.97 acres, built in 1993
100% leased to Flooring Liquidators under a 10-year NNN lease (Jan 2023 – Dec 2032)
Current rent: $18,915/month ($226,980/year) or $1.10/SF/month
Offered at $3,783,000 with a 6.00% cap rate
Tenant acquired by Live Ventures (Nasdaq: LIVE) in 2023 in an $84M transaction
Excellent location near Highway 41, with strong visibility and access to major Fresno corridors
Minimal landlord responsibilities under NNN lease structure
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
