600 S Prospect Ave

1623 11th Street, Reedley, CA

$1.25/sqft/mo

Price

5%

Cap Rate

$148,458.64

NOI

Overview
Cap Rate
5%
NOI
$148,458.64
Building Size
5,188 sqft
Lot Area
0.172 acres
Year Built
1936
Description

Prime ±1,225 SF retail shop space in Downtown Reedley with prime location in the City's epicenter of Downtown on Reedley's main commercial street. The ±1,225 SF retail space offers a large wide open storefront space with (1) rear private office & private restroom. The property sits comfortably in Reedley's primary retail corridor, and with its close proximity to a major highway access is easily accessible to motorists. Daytime population of nearly ±50,679 people within 5 miles of the subject property and located in close proximity to Reedley High School, Reedley College, & the Reedley Fire Department.

Located in the most desirable area of Reedley, on G Street between North and Dinuba Avenues. Central location surrounded with close proximity to many restaurants, services and many other amenities. Prime location in the middle of the downtown and newer shopping centers surrounded by a dense mixture of housing and apartments. Nearby quality tenants include McDonalds, Starbucks, Jack in the Box, Carl's Jr., Dollar Tree, Kabab City, Me n Ed's, Taco Bell, Fosters Freeze, Subway, Dominos, Cricket, T-Mobile, Wells Fargo, Big Lots, Chase, Dollar General, Uncle Harry's, & many others!

Reedley, California, in Fresno County, is 20 miles NW of Visalia, California (center to center) and 20 miles SE of Fresno, California. Part of the surrounding Fresno metro area, the city is not isolated. Reedley holds many festivals year round including Reedley Fiesta in October, the Christmas Parade in December, the Street Faire in May, the Certified Farmers Market, the Taste of the Town in September, and many other festivities to keep the residents and visitors busy and entertained. Situated along the Kings River, in the summer many local residents and visitors drive to Cricket Hollow Park and Reedley Beach.

Highlights
  • Long Term Tenants In Place With Existing Occupancy.
  • 1 Block off Blackstone Ave, North of Shields Ave
  • Investment Opportunity: Leased Freestanding Office Building
  • 100% Leased w/ Long-Term Leases Through 2022
  • Easy Lease-able Units w/ Low Vacancy Turnover
  • Newer Roof, HVAC's, Asphalt, Hard Surface Floor, & Paint!
  • Well-Known Freestanding Office Building @ Entrance
  • Private Offices, Conference Room, Reception Areas
  • 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
  • Economical Space Available | Fresh Paint & Flooring
1 Space Available

1623 11th StStrip Center

Available:
Immediately
Sublease:
No
SQFT
1,225
Lease Rate:
$1.25/sqft/mo
Lease Type:
Gross
Documents

Location
Gallery