4334 Clinton Ave, Fresno, CA 93703
1,190 SF | 100% Leased | Retail Building | Fresno, CA 93703 | $2,800,000 ($2,353/SF) | 5% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,800,000
- Property Type
-
Retail
- Square Feet
- 1,190 SF
- Price / Square Foot
- $2,353
Listing Contacts
Michael Kennedy
Verified Profile
John Lee
Verified Profile
Holli Hovsepian
Verified Profile
- Property Info
Property Overview
The Tenant is one of the largest and most successful Dutch Bros Coffee franchisees in the country. The Tenant entity is DB Coffee Fresno, LLC which operates 13 locations in and around Fresno, CA. They have 3 additional locations under construction now and are in active negotiations for another 6 locations in the next 18-24 months. Average unit volumes in their portfolio outpace that of corporate stores both nationally and regionally.
The subject site is a strategically located infill property in the McClane District of central Fresno at the SWC of Clinton and Cedar Avenues. The site is adjacent to and shares cross access with Auto Zone. The area around the site consists of mature, densely populated neighborhoods, retail shopping centers and McClane High School directly across the street. The building consists of 1,190± square feet on a parcel of 33,976± square feet.
The subject site is a strategically located infill property in the McClane District of central Fresno at the SWC of Clinton and Cedar Avenues. The site is adjacent to and shares cross access with Auto Zone. The area around the site consists of mature, densely populated neighborhoods, retail shopping centers and McClane High School directly across the street. The building consists of 1,190± square feet on a parcel of 33,976± square feet.
Property Details
- Class
- C
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 34,848 SF
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