2580 S Elm Ave, Fresno, CA 93706 - Property for Sale
Available For Sale - Retail
31,866 SF
|
Show Pricing $
AVAILABILITY DETAILS
- Size
- 31,866 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA532783
- Notes
- Stats
2023
Year Built
7,252
Building Size (sf)
$3,200,000
Price
100%
Occupancy %
5.6%
Cap Rate
Overview
Avison Young is pleased to present this unique opportunity to acquire a newly developed single-tenant O’Reilly Auto Parts on a fee simple land located at 2580 South Elm Avenue in Fresno, California. The property is situated approximately .35 miles from Freeway 41 ramps and 1 mile from Freeway 99 ramps, with close proximity to other retailers including Valero and Family Dollar. This is a rare opportunity to acquire a stable investment in the valuable California commercial real estate market.
aHighlights
-New Built to Suit
-Single tenant building 100% occupied by O’Reilly Auto Parts, a National Credit Tenant
-15 year lease that commences August 1st, 2024
-O’Reilly Auto Parts is an investment grade rated company (S&P: BBB)
-Situated within one mile of entrance/exit ramps on Freeway 41 and 99 - major California highways
-Publicly traded, corporate guarantee, strong credit
-Highly visible from busy intersection E Jensen Ave and S Elm Ave (±60,000 VPD)
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
David Maling, Avison Young
David Maling, Avison Young
