Department Store For Sale • 59,694 SF
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 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Madera Amtrak (San Joaquins - Amtrak) | 6 min | - | 3.2 mi |
Airport | Drive | Walk | Distance |
Fresno Yosemite International | 38 min | - | 27.0 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 279 |
Type: | Surface |
Included in Rent: | Yes |