Available For Sale - Retail

31,866 SF | Show Pricing $

Download Brochure

LISTED BY

David Maling
Avison Young, 213-618-3825
Chris Maling
Avison Young, 213-618-3824

AVAILABILITY DETAILS

Size
31,866 SF
Price/SF
Show Pricing $
Listing ID
SA532783
Notes
Stats

2023

Year Built

7,252

Building Size (sf)

$3,200,000

Price



100%

Occupancy %

5.6%

Cap Rate



Overview

Avison Young is pleased to present this unique opportunity to acquire a newly developed single-tenant O’Reilly Auto Parts on a fee simple land located at 2580 South Elm Avenue in Fresno, California. The property is situated approximately .35 miles from Freeway 41 ramps and 1 mile from Freeway 99 ramps, with close proximity to other retailers including Valero and Family Dollar. This is a rare opportunity to acquire a stable investment in the valuable California commercial real estate market.



Investment Highlights

» New Built to Suit

» Single tenant building 100% occupied by O’Reilly Auto

Parts, a National Credit Tenant

» 15 year lease that commences February 1, 2025

» O’Reilly Auto Parts is an investment grade rated company

(S&P: BBB)

» Situated within one mile of entrance/exit ramps on

Freeway 41 and 99 - major California highways

» Publicly traded, corporate guarantee, strong credit

» Highly visible from busy intersection E Jensen Ave and S

Elm Ave (±60,000 VPD)



Highlights

-New Built to Suit

-Single tenant building 100% occupied by O’Reilly Auto Parts, a National Credit Tenant

-15 year lease that commences August 1st, 2024

-O’Reilly Auto Parts is an investment grade rated company (S&P: BBB)

-Situated within one mile of entrance/exit ramps on Freeway 41 and 99 - major California highways

-Publicly traded, corporate guarantee, strong credit

-Highly visible from busy intersection E Jensen Ave and S Elm Ave (±60,000 VPD)
Uses
Retail

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
Parcel C 47,332 SF Sale Land Show Pricing $ chevron_right
Parcel D 56,055 SF Sale Land Show Pricing $ chevron_right
Space/Suite
Parcel C
Square Feet
47,332 for sale
Uses
Land
Asking Rent/Price
Show Pricing $
Space/Suite
Parcel D
Square Feet
56,055 for sale
Uses
Land
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
David Maling, Avison Young