37303 AVE 12
Retail | 6.00% CAP | 9,026 SqFt
Marketing description
Dollar General Corporation is the largest discount retailer in the U.S. by number of stores with over 15,836 stores in 44 states. Limited competition with the nearest Dollar Store approximately 15 miles away. There are only two other smaller markets in the area providing residents with their groceries and everyday needs. Situated just 5 minutes from Independence Continuation High, Liberty High School, Ranchos Middle School, and Webster Elementary Schools which serve over 2,000 students, faculty, and staff. Residents within a 5-mile radius are making an average household income of over $105,053. Located less than 20 minutes from Downtown Fresno and the Fresno Yosemite International Airport, Fresno has a population of over 527,438 people and is the 5th most populous City in California. Madera is a principal City of the Madera-Chowchilla Metropolitan Statistical area, which encompasses all of Madera County and Metropolitan Fresno; it is in California's San Joaquin Valley and is the 3rd largest metropolitan region in Northern California. Nearby tenants include U-Haul, Napa Auto Parts, National Petroleum, Pizza Factory, Ranchos Café, El Rinconcito Mexican Grill, Subway and State Foods Supermarket.
This multi-tenant retail building consists of 7 tenants that occupy +/-10,500 SF that sits on +/-1.26 Acres of light commercial zoned land. On the left flank of the building is a restaurant with a patio and on the opposite end is Domino's Pizza. In between the restaurants are 5 retail tenants that consist of nail, hair, aesthetics, tanning, and seamstress. These complimenting business support each other well and offer a more cost effective option than the Pavilions shopping center located on the opposite side of the street. This stabilized asset's largest tenant is KB nails while its most famous is Domino's Pizza. This building offers monument signage on Fair Oaks Blvd. to the left of McDonalds which is positioned next to the cross walk connecting the Pavilions to this center.
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