Single Tenant NNN Investment Deal w/5 Year Lease
Listing was updated at: 01/09/2019
Property Overview
Price/Rent PSF $ 265,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1,032
Date Available 01/09/2019
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Located on the southwest corner of Blackstone and Belmont Avenues in the Downtown Fresno area just south of the Freeway 180 on and off ramps. Close proximity to UCSF, Fresno Community Medical Center, Cultural Arts District and the Tower District as well as the Blackstone Avenue Commercial corridor business district. Easy access to Freeway 41, 99 and 168. This property is located north of McKenzie Avenue, east of N Calaveras Street, south of Belmont Avenue and west of N Blackstone Avenue in Fresno, California.

Freestanding triple net (NNN) lease with annual increases. Well known & established freestanding single tenant ±1,032 SF Lola's Rico Taco Drive-Thru building in a highly traveled area. This building was a former long-time Wienerschnitzel drive-thru fast food stand with out side seating. The tenant completed a large remodel showing their commitment to the market and location. The vibrant downtown of Fresno attracts various quality tenants surrounding the location bringing great synergy for the drive-thru to flourish. Well known and established Retail building in a highly traveled area off the "Main and Main" going into Downtown Fresno. The building has a functional floor plan that tenant has made substantial improvements to and has maintained.