$760,000
Reedley, CA 93654
MLS# 228087
Status: Closed
1 beds | 1 baths | 5000 sqft
1 / 1
Property Description
Hard to find investment opportunity. National Corporate tenant in 10 year NNN lease, initiated March 1, 2024. 2% annual increases, 2-five year options. 10.4% CAP rate!
Details
Maps
Property Information
Property Sub-Type: Commercial
New Construction: No
Stories: 1
Bedrooms: 1
Year Built Source: Public Records
Number of Units: 1
Full Baths: 0
Number of Buildings: 2
Total Baths: 1
Three Quarter Baths: 0
Half Baths: 0
APN: 36827306
Quarter Baths: 1
SqFt Source: Public Records
Lot Acres: 0.17
Lot SqFt: 7500
Lot Size Source: Public Records
Lot Dimensions: 50x150
Additional Parcels Y/N: No
Year Built: 1950
Street #: 1348
Street Name: G Street
Suffix: Street
Approx Square Feet: 5000
State/Province: CA
Zip Code: 93654
County: Fresno
Area: Out of Area
Listing Information
List Price/SqFt: 150
Original List Price: 750000
Current Price: $760,000
Status: Closed
Listing Date: 2024-03-10
Listing Price: 750000
Showing Information
Directions to Property: From Visalia, go west on hwy 198, exit Plaza and drive North, left on Dodge Ave, right on Rd 56, continue onto Frankwood Ave, left on I Street, right on 13th street.
Remarks
Marketing Remarks: Hard to find investment opportunity. National Corporate tenant in 10 year NNN lease, initiated March 1, 2024. 2% annual increases, 2-five year options. 10.4% CAP rate!
Status Change Info
Close Price/SqFt: 152
Pending Date: 2024-03-11
Status Change Date: 2024-05-08
Close Date: 2024-05-07
Close Price: 760000
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Cooling
Dual: 1
Evaporative Cooling: 1
Heating
Electric: 1
Wall Furnace: 1
Roofing
Asphalt: 1
Rubber: 1
Property Features
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Cooling: Dual; Evaporative Cooling
Heating: Electric; Wall Furnace
Roofing: Asphalt; Rubber
IDX
Listing Office: Zeeb Commercial Real Estate
Listing Agent: Jessica A Benevento | jessica@zeebre.com
Agent Email: jessica@zeebre.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.