Call for Offers July 10th Value Add Grocery Anchored Center
Priced Below Replacement Cost
Marketing description
Call for Offers Due Friday, July 10th - Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of the Blackstone-Barstow Center, a high-performing grocery anchored community shopping center located at the signalized high-traffic intersection of Blackstone and Barstow Avenues in Fresno, California. The center is comprised of ±130,769 square feet of commercial space situated on seven separate tax parcels totaling ±11.22 acres of land and is 97.4% leased to 8 tenants with over 78% of the GLA being occupied by national, regional or franchised tenants. The subject property is well-positioned on a stretch of North Blackstone Avenue that has a dense core of retail and commercial buildings. Neighboring tenants at or near the intersection include Target, Smart & Final, Burlington, Dollar Tree, AutoZone, Guitar Center, Chevron, McDonald’s, Taco Bell, Panda Express, and several national car dealerships and national hotel chains. This offering presents an investor with an opportunity to acquire a successful community shopping center located in one of California’s largest cities.
Investment highlights
Call for Offers Due Friday, July 10th
Priced Below Replacement Cost at $134/sf
FoodMaxx Sales Rank #1 of 17 Save Mart/FoodMaxx Stores in Fresno-Clovis
Value Add through Lease Up of Vacant former Drive-Thru Restaurant
Over 78% of the GLA is Occupied by National, Regional or Franchised Brands
Dense Infill Area with Over 382,000 People Within a 5-Mile Radius
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?

















