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1467 Country Club Dr
Madera, CA 93638

$10,170,000 USD

Department Store For Sale  •  59,694 SF

Property Details

  • Property Type Department Store
  • Total Building Size 59,694 SF
  • Lot Size 5.19 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C1, Madera
27 Transit Score
73 Walk Score

Highlights

Single-Tenant NNN Corporate Guaranteed Vallarta | 15 years remaining on a 20-year lease
Vallarta is the Dominant Hispanic Grocer in the Madera/Fresno Market with 4 Locations | Below Replacement Cost; $170 PSF
Attractive In-Place Non-Recourse Debt; 3.90% Interest Rate; Fully Amortizing Through 2045
Upside Potential Through Leasing Up 3 Sign Panels | Located on Country Club Drive Immediately Off the 99 Freeway
Synergistic Co-tenants of dd’s Discounts, Goodwill, Harbor Freight, O’Reilly Auto, Carl’s Jr. and Dutch Bros
Ideal Demos as Hispanics Represent 86% of the Population within a 5-Mile Radius | 87,000 ppl within a 5-mile radius | $93,000 average household income
Cap Rate: 5.50 %

Amenities

  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Madera Amtrak (San Joaquins - Amtrak) 6 min - 3.2 mi
AirportDriveWalkDistance
Fresno Yosemite International 38 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 279
Type: Surface
Included in Rent: Yes
Kevin Fryman 844-585-7674 Hanley Investment Group
Kevin Fryman 844-585-7674 Hanley Investment Group