Passive Single-Tenant Net Leased Investment Property
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
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