Description:

he subject property is situated within half a mile of the upcoming Fancher Creek Development, set to introduce over 2,600,000 SF of commercial space to the vicinity
• Covering 222 acres, this development will feature a 1,500,000 SF business park and 1,100,000 SF of mixed-use space, including 740 residential units
• Pre-leasing for Fancher Creek Town Center has commenced, and it has already attracted prominent tenants such as Target, In-N-Out Burger, Sprouts Farmers Market, Chipotle, Starbucks, Michaels, HomeGoods, and PetSmart
• The investment is located next to two high-performing grocers, Vons and FoodMaxx, which draw over 1.88 million combined visitors annually (per Placer.ai)
• Located in a dense residential area, nearby apartment complexes include Los Arbolitos Apartments (128 units), Redwood Canyon Apartments (74 units), and Sunnyside Glen Apartments (74 units), providing a direct consumer base to draw from
• Located in Fresno, the 5th largest city in California and one of the country’s fastest-growing cities
• More than 245,000 residents and 102,000 employees support the trade area
• Affluent average household income $96,671 in the 1-mile area
• Expected addition of 1 million residents by 2050