Boot Barn | 2220 W Cleveland Ave
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Boot Barn 2220 W Cleveland Ave
20,521 SF Retail Building Madera, CA 93637 £3,211,530 (£156/SF) 6.01% Net Initial Yield
Investment Highlights
- National Brand tenant, a publicly traded company; Free Standing Building; Ample Parking Space, 20 Ft. High Ceiling; Street Pylon Signature
- Well-maintained building
- Premium location; high visibility, near many other National Chains
Executive Summary
Nestled among national chains, the subject property hosts Boot Barn as its tenant, adding to its allure. With a prime location, high visibility, and ample parking, it's a top-notch investment opportunity in commercial real estate. The property features a free-standing building with 20-foot-high ceilings, situated on a spacious 1.66-acre lot. Spanning 20,251 square feet, it boasts excellent upkeep, ensuring its enduring appeal and value.
Boot Barn stands as a distinguished national brand and a publicly traded company, serving as a leading destination for western and workwear enthusiasts across the country. There are 304 stores across the country, with revenues surpassing $1.7 billion.
Madera City, California, strategically positioned as a rapidly expanding residential hub between Fresno and Merced, boasts a robust multi-billion dollar agriculture economy. This thriving economic landscape, anchored by key crops such as grapes, almonds, and pistachios, offers abundant employment prospects and underscores Madera's pivotal role in the region's prosperity. Supported by a pro-business local government, Madera presents an enticing opportunity for investors seeking a prime commercial property within a dynamic and growth-oriented community
Boot Barn stands as a distinguished national brand and a publicly traded company, serving as a leading destination for western and workwear enthusiasts across the country. There are 304 stores across the country, with revenues surpassing $1.7 billion.
Madera City, California, strategically positioned as a rapidly expanding residential hub between Fresno and Merced, boasts a robust multi-billion dollar agriculture economy. This thriving economic landscape, anchored by key crops such as grapes, almonds, and pistachios, offers abundant employment prospects and underscores Madera's pivotal role in the region's prosperity. Supported by a pro-business local government, Madera presents an enticing opportunity for investors seeking a prime commercial property within a dynamic and growth-oriented community
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,521 SF
Building Class
B
Year Built
2000
Price
£3,211,530
Price Per SF
£156
Net Initial Yield
6.01%
NOI
£192,889
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
1.66 AC
Parking
60 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 006-390-026 | Improvements Assessment | £1,802,511 |
| Land Assessment | £969,077 | Total Assessment | £2,771,588 |
PROPERTY TAXES
Parcel Number
006-390-026
Land Assessment
£969,077
Improvements Assessment
£1,802,511
Total Assessment
£2,771,588
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Boot Barn | 2220 W Cleveland Ave
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