Fresno, CA - Starbucks & Shops

Description:

• Newly constructed 5,646 SF multi-tenant retail shop building.
• Internet-resistant tenant mix anchored by Starbucks.
• Starbucks (Double Drive-Thru) - new 10-year lease with 10% increases every
5- years.
• Wing Stop - new 10-year lease with scheduled rental increases throughout the intial term and option periods.
• Terriyaki Madness - new 10-year lease with 10% increases every 5 years
• Smoke Shop - New 3-year lease with approximately 3% increases every year
• All leases are NNN, minimizing expense leakage for future ownership.
• The property features state-of-the-art, brand-new construction with modern materials and contemporary design.

• Located near Jensen Ave and S Maple Ave intersection that average 51,225 VPD.
• Excellent visiblity and access with designated left turn in on Jensen Ave and access on Maple Ave behind Arco Ampm Station.
• Abudant parking designated for entire shopping center.
• Easy access to State Hwy 99 (92,500 VPD).
• Less than one mile west of the site is the on/off-ramp to State Highway 99, a major thoroughfare serving the City of Fresno.
• Located in Fresno, the 5th largest city in California and one of the country’s. Fresno County’s 2024 Population was +1,028,000 fastest-growing cities.
• Expected addition of 1 million residents by 2050.
• The trade area is supported by more than 222,200 residents and 103,300 employees within five miles.

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Listing ID: a28TP000001vLYbYAM