Property History
Property Type
Property Type
Investment Highlights
- Rare 15 year lease term - Zero Day-to-Day Landlord Responsibilities
- Starbucks (NASDAQ: SBUX) – Investment Grade Credit Tenant Rated “Baa1 - Stable” by Moody’s as of 3/10/2020
- Brand New Lease - New Construction – Single Tenant Net Leased Asset
- 10% Increases Every 5 Years – Including Options (4, 5 Year Options)
- Tenant Pays Common Area Maintenance Expenses Directly
- Morning Side Positioning on Blackstone Ave - Excellent Ingress - Egress Access
- 40,700+ VPD at the Intersection of Herndon Ave & Blackstone Ave
- Signalized Intersection – Excellent Access & Visibility – Ideal Drive-Thru Positioning
- Surrounding National Retailers: Costco, The Home Depot, Kohl’s, Target, Marshalls, PetSmart, Ross Dress for Less, and More
- Close Proximity to Kaiser Permanente Fresno Medical Center
- Demographics – Over 85,500 Residents within a 3 Mile Radius
- Over $54,800 in Average Household Income within 3 Mile Radius
- Ideal 1031 Exchange Asset – Ease of Management – Passive Income
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Loan History
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Contact Information
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Ownership Information
Property Details
There are no additional details for this property
Contacts
Listing removed on
BY:
Jereme Snyder PRO
•••.•••.5552
••••••.••yder@••••••••.com
Listing removed on
BY:
Eric Carlton PRO
•••.•••.5561
••••.•••lton@••••••••.com
Listing removed on
BY:
Robert Hoyt
•••.•••.5516
•••.Hoyt@••••••••.com
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