Auto Zone
7,370 SF | Retail Building | Parlier, CA 93648 | $3,049,000 ($414/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,049,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 7,370 SF
- Price / Square Foot
- $414
Listing Contacts
Bryan Cifranic
Verified Profile
- Property Info
Property Overview
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this ±7,370 square foot free-standing pad building leased to AutoZone and located just off the hard corner of Manning and Newmark Avenues in Parlier, California (Fresno MSA). The subject property is well positioned directly along Manning Avenue, a strategic thoroughfare connecting the City of Parlier to State Highway 99 to the west and to the east the City of Reedley, other surrounding communities, and recreational landmarks in the Sequoia National Park. This offering presents an investor with an opportunity to acquire an attractive, well-constructed property that is leased to a corporate, investment grade tenant with a long-term lease commitment to the site.
Property Details
- Class
- B
- Year Built
- 2007
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding
- Lot Size (sq. ft)
- 34,848 SF
Highlights
- New 10-Year Lease Extension | Investment Grade Tenant S&P Rated BBB
- Build-to-Suit Prototype Construction | Outparcel to Retail Shopping Center
- 10% Rent Increases Every 5-Years | Top 13% Store Nationwide per Placer.ai
- High Traffic Volume Location | Over 19,000 ADT @ Manning and Newmark Avenues
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