This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Fashion Furniture & Lou Rodman's

2 Retail Properties Offered at £16,068,773 in Fresno, CA

Investment Highlights

  • 15-year landlord friendly leases with 2.5% annual rental increases
  • Priced below replacement cost – $184.78/SF
  • Fashion Furniture has a 65-year operating history and Lou Rodman’s a 19-year operating history
  • Replaceable market rents
  • Subject property directly adjacent to Sprouts & Ross and across the street from Lowe’s & Sam’s Club
  • Very strong unit level performance (speak with Agent)

Executive Summary

Available individually or as a portfolio.
15-year lease extensions with 2.5% rental increases. Both tenants have multi-decade operating histories here.

Property Facts

Price £16,068,773
Price / SF £166.01 / SF
Net Initial Yield 8%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 96,794 SF
Total Land Area 5.33 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
255 W El Paso Ave, Fresno, CA 93711 Retail 75,656 SF - £12,607,431
285-295 W El Paso Ave, Fresno, CA 93711 Retail 21,138 SF 2010 £3,461,343
Show More > < Show Less
  • Listing ID: 33302644

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: Fashion Furniture & Lou Rodman's, Fresno, CA

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}