- Absolute net land lease through June 30, 2030
- Below-market rent with significant future income upside
- Opportunity to re-tenant, reposition, or occupy at lease expiration
- Freestanding ±3,451 SF building at a signalized intersection
- Reciprocal access and additional parking within the larger shopping center
- Strong visibility and signage at Shields Ave & West Ave
- Dense infill trade area with ±142,832 residents within 3 miles
For Sale | Absolute Net Investment with Below-Market Rent & Future Re-Tenanting Upside
1255 W Shields Ave |
Fresno,
CA
Retail
$650,000
$650,000
Sale Price:
$650,000
Price Per Sq Ft:
$188.35 / SF
Parcel Size:
0.36 acres
Building Size:
3,451 SF
Cap Rate:
3.32%
Pro Form Cap Rate:
3.32%
NOI:
$21,607
Tenant Lease Type:
Absolute Net Land Lease
Additional Images