RAISING CANE'S w/ DR-THRU | 15YR NNN GROUND
3,267 SF | 100% Leased | Retail Building | Fresno, CA 93722 | $3,750,000 ($1,148/SF) | 4% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,750,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,267 SF
- Price / Square Foot
- $1,148
Listing Contacts
Alvin Mansour
Verified Profile
Jon Talia
Verified Profile
- Property Info
Property Overview
Brand New 2024 Construction | W/in Marketplace at El Paseo - Anchored by Target and Burlington | Densely Populated & Affluent Area | Immediate Area Experiencing Major Growth | Hard Corner Location
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 60,548 SF
Highlights
- 15-Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 Construction.
- Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Hard Corner Location.
- In 2024, Raising Cane’s is Projected to earn more than $4.5 Billion in Systemwide Sales, eclipse $6 Million in AUV, and finish with 850+ Restaurants.
- Near a Proposed Costco Commercial Center Project - The project would construct an approximately 241,342-square-foot single story building.
- Within The Marketplace at El Paseo - Anchored by Target and Burlington, it is a dynamic 650k+ Sq.Ft. Hybrid Project.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
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