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2820 Tulare St
Fresno, CA 93721 City Center

$4,500,000 USD

Freestanding For Sale  •  15,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,000 SF
  • Lot Size 0.81 AC
  • Building Class C
  • Year Built 2009
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C4
51 Transit Score
87 Walk Score

Highlights

Single-Tenant NNN Corporate Grocery Outlet: Recent 10-Year Lease Extension; 8+ Years Remaining
Grocery Outlet Has Operated at the Location for Over 11 Years
Rare NNN Grocery Outlet Lease With Landlord Only Responsible for Structure
10% Increases Every 5 Years; Next Increase in June 2029
Corporate-Guaranteed Lease (NASDAQ: GO)
Grocery Outlet Has 550+ Stores Across 16 States and $4.1 Billion in Annual Revenue
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Grocery Outlet

Amenities

  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
1 min 4 min 0.2 mi
AirportDriveWalkDistance
Fresno Yosemite International 10 min - 5.6 mi
Sean Cox 949-244-9335 Hanley Investment Group
Sean Cox 949-244-9335 Hanley Investment Group