2615 S Chestnut Ave - Freestanding FOR SALE


Fresno, CA 93725- Cecile
$2,975,000 USD
408-802-8444
2615 S Chestnut Ave, Fresno, CA for Sale
$2,975,000 USD
Freestanding - FOR SALE
1/16
null | 5% Cap Rate

2615 S Chestnut Ave
Fresno, CA 93725
Cecile


HIGHLIGHTS

  • High-identity building situated on a signalized corner with ±24,115 average daily traffic.
  • Landlord responsible for building roof and structure.
  • Strong store location for performance and consumer base with surrounding residential population and work force.
  • $12,500 monthly rent with 10% increase due 12/1/28.

OVERVIEW

High-identity building situated on a signalized corner with ±24,115 average daily traffic. AutoZone Development Corporation is in a current Double Net lease with 9+ years remaining in the term, and (2) five-year options. AutoZone had $53.48B market CAP with $17.48B in 2023. Surrounding area co-tenants include Subway, Dollar General, 7-Eleven, and more.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

C-M

APN/PARCEL ID

481-140-25

ASK ABOUT THIS PROPERTY

Jon StansburyKidder MathewsMore Info
408-802-8444

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Jon StansburyKidder MathewsMore Info
408-802-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.