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28340912
28340913

7090 N Blackstone Ave, Fresno, CA 93650

BT
CA 01912244
Fortune Associates
AD
01851777
Fortune Associates
Listed by Fortune Associates
$3,995,000
199 days on market
Updated 6 days ago

7090 North Blackstone Avenue

Details
Property Type Office, Retail
Sub Type Storefront
Square Footage 3,400
Cap Rate 5.1%
NOI $203,579
Occupancy 100%
Tenancy Multi
Brand/Tenant T-Mobile
Lease Type NNN
Lease Term 6
Lease Expiration 06/30/2032
Remaining Term 6.1
Lease Options 2x5
Price per SqFt $1,175
Class A
Year Built 2008
Buildings 1
Stories 1
Lot Size (SqFt) 13,320
Zoning CMX
Lease Commencement 07/01/2026

High-Traffic Location Anchored by T-Mobile

Marketing description

Situated along Blackstone Avenue, one of Fresno’s most heavily trafficked and commercially vibrant corridors, this property offers unparalleled visibility and accessibility. With high vehicle counts and close proximity to major national retailers, popular eateries, and essential services, this location serves as a magnet for both consumer traffic and long-term business viability.

The property is anchored by T-Mobile, a globally recognized leader in telecommunications and a Fortune 500 company. T-Mobile has maintained a strong presence at this location since 2008, reflecting a deep-rooted commitment to this strategic site. Their longstanding occupancy is a testament to the stability and desirability of the property.

The property is secured by a newly executed Triple Net (NNN) lease, which the tenant has signed to commence on July 1, 2026, and run for a full six-year term, providing strong income stability for the investor. In addition, the lease includes two additional renewal options, offering further long-term security and predictable future cash flow.

This is a rare opportunity to acquire a turnkey investment with a nationally recognized tenant in a high-visibility, high-traffic location, making it a compelling asset for any investor seeking long-term income and strong market fundamentals.

Listing Contacts

BT
CA 01912244
Fortune Associates
AD
01851777
Fortune Associates
Listed by Fortune Associates

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$203,579.00
$16,964.92/mo

Valuation Metrics

0
DSCR
5.1%
Cap Rate
5.1%
ROI

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Additional Information

Name
Brett Todd
License
01912244
Brokerage
Fortune Associates
Title
Agent
Brokerage Address
470 East Herndon Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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