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34456736
34456735

6031 N. Blackstone Avenue, Fresno, CA 93710 For Sale

BC
CA 01809130
Commercial Retail Associates
SA
CA 01422414
Commercial Retail Associates
Listed by Commercial Retail Associates
$735,000
3 days on market
Updated 3 days ago

​Passive Single-Tenant Net Leased Investment Property

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 1,116
Cap Rate 7.00%
NOI $51,425
Tenancy Single
Lease Type Net
Lease Expiration 12/14/2030
Remaining Term 4.4
Rent Bumps Yes
Lot Size (SqFt) 10,454
Investment Type Net Lease
Lease Commencement 12/15/2020
Ground Lease No

62,000 ADT Blackstone Location

Marketing description

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this ±1,116 square foot free-standing restaurant building leased to experienced restaurant operators. Located in Fresno, California near the intersection of Blackstone Avenue and Bullard Avenue with over 62,000 ADT, the subject property is well positioned only 0.35 miles from the Highway 41 (128,000 ADT) interchange. The subject parcel is adjacent to 7-Eleven and Toyota, with other neighboring businesses including Target, Burlington, Smart & Final, Cadillac, Chevrolet, Ford, Lincoln, McDonald's, Krispy Kreme, Taco Bell, and Arco AM/PM. This offering presents an investor with an opportunity to acquire a small price point single tenant commercial property that has built-in rent increases.

Investment highlights

  • Passive Single-Tenant Net Leased Investment Property
  • Unobstructed High Visibility Blackstone Location
  • 2% Annual Rent Increases
  • High Traffic Location - Over 62,000 ADT @ Blackstone and Bullard Avenues

Listing Contacts

BC
CA 01809130
Commercial Retail Associates
SA
CA 01422414
Commercial Retail Associates
Listed by Commercial Retail Associates

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,425.00
$4,285.42/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Bryan Cifranic
License
01809130
Brokerage
Commercial Retail Associates
Brokerage Phone
5596501300
Name
Shane Anderson
License
01422414
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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