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602-622 Academy Ave
Sanger, CA 93657 Eastern Fresno

$4,990,000 USD

Freestanding For Sale  •  8,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,016 SF
  • Lot Size 1.21 AC
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Multiple
  • Zoning C-2
20 Transit Score
30 Walk Score

Highlights

100% Occupancy; Internet-Resistant Tenant Mix: Tenants include Verizon, Wingstop, Deli Delicious, Bumble Bee, Classic Urgent Care and EVgo
Long-Term Historical Occupancy: 87% of the tenancy has occupied space at the property for 9+ years
Outstanding Co-Tenant Lineup: National tenants in the shopping center include Starbucks, Taco Bell, Denny’s, and Napa Auto Parts
High Barriers to Entry with Limited Surrounding Retail Competition
Excellent Visibility Along Main Retail Corridor
High-Growth Trade Area: The number of households has increased over 12.5% in a 3-mile radius over the past 10 years
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Classic Urgent Care
Deli Delicious
Jamba Juice
Verizon
Wingstop

Amenities

  • Signage
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Sean Cox 949-244-9335 Hanley Investment Group
Sean Cox 949-244-9335 Hanley Investment Group