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285 W El Paso Ave
Fresno, CA 93711

$4,387,000 USD

Freestanding For Sale  •  21,138 SF

Property Details

• Property Type Freestanding
• Total Building Size 21,138 SF
• Lot Size 1.67 AC
• Building Class B
• Year Built 2004
• Cap Rate 8.00 %
• Tenancy Single
• Zoning M1

49 Transit Score

82 Walk Score

Highlights

15-year landlord friendly lease with 2.5% annual rental increases

Replaceable market rent

Priced below replacement cost – $207.54/SF

Subject property directly adjacent to Sprouts & Ross and across the street from Lowe’s & Sam’s Club

Heavy retail presence in the trade area directly benefits from the affluent demographics – $116,476 average household incomes within a 3-mile radius

Multiple nearby shopping centers with large national anchors including Costco, Target, Kohl’s, Best Buy, Dick’s Sporting Goods, Trader Joe’s

Property Flyers

LouRodmans_FresnoCA

Cap Rate:

8.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fresno (San Joaquins - Amtrak)	12 min	-	8.4 mi
Airport	Drive	Walk	Distance
Fresno Yosemite International	16 min	-	9.4 mi