Value Add Investment w/ Blackstone Exposure
$600 to $900/mo
2819 N Blackstone Ave, Fresno, CA 93703
3.76
Cap Rate
27,416
NOI
Details:
Highlights:
- Blackstone Ave Exposure & Pylon Signage Near Manchester
- 6.6% Cap & 9.6% Pro-Forma Cap
- Long-Term Tenants | Low Turnover | Low Maintenance
- Newer Quality Roof, 2021 New HVAC's, & Hard Surface Floor
- Well-Known Freestanding Building @ Corner
- Private Lit Parking Lot + Street Parking | Great Visibility
- Convenient Location Between CA-99 and CA-41
- Busy & Established Retail Corridor w/ Access to Manchester
- Close Proximity to Major Traffic Generators (Blackstone Ave)
- Great Access & Visibility w/ Unmatched Level of Consumer Traffic
- Against Newly Upgraded Shields Avenue w/ Bus Stop Access
- Nearby Manchester Center & Blackstone Retailers
- Quality Construction | Well Maintained | Economical Spaces
Description:
±750 SF of General, Professional, and/or Medical Office space available for lease one block off Mooney Blvd! Clean office spaces with fresh paint, newer flooring, and move-in ready! Each unit has access to high speed Internet, is separately metered, has private restrooms, private entrances, and consists of demising walls (can be combined). Brand new asphalt slurry coat, HVAC's and foam roof are less than 10 years old, full exterior lit private parking (24 spaces plus street), excellent existing corner signage, great visibility and easy access to CA-198 and CA-99 on/off ramps.
Well known freestanding building offering strong demographics and traffic generators. Nearby CA-41 Freeway, State Highway 99, 168 and 180 connect to all parts of central CA. On Blackstone Ave, just north of E Princeton Ave, west of CA-41, & south of E Shields Ave in Fresno, CA. Provides easy access to the newly renovated 1.1 million SF Manchester Center and various Blackstone Ave retail amenities. Professional manicured grounds and surrounded by lush landscaping with ample private parking. Close access to FAX bus stop (preferred Route 1 - Q Rapid Transit BRT with 31 drops every 14 minutes).
3/4 mile from (2) CA-41 on/off-ramps: Shields/41 to the north, and McKinley/41 to the south. Surrounding national tenants are In-n-Out, McDonalds, Regal Cinemas 16, Footlocker, El Pollo Loco, T-Mobile, Cricket, Panda Express, Starbucks, Grocery Outlet, Von’s, Pep Boys, O’Reilly Auto Parts, Hometown Buffet, Denny’s, Quizno’s, Dollar Tree, Planet Fitness, Subway, & Grifols.
3 Spaces Available
2803- 2nd Floor Unknown Sub Type
2805- 2nd Floor Unknown Sub Type
2809- 2nd Floor Unknown Sub Type
Location
Gallery