For Sale
$5,852,000

2740 Jensen Ave Sanger, CA 93657

Chipotle & Starbucks NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity features two brand-new (2024), free-standing buildings totaling 4,423 square feet, situated on a 1.4-acre lot in Sanger, CA (Fresno MSA). The property boasts 100% occupancy with long-term, triple-net (NNN) leases to credit-rated Chipotle and Starbucks, providing a stable income stream. The buildings are strategically located near a high-performing Walmart Supercenter, benefiting from over 27,000 average daily traffic (ADT) at the Jensen and Bethel Avenues intersection. Built-to-suit in 2024, these properties offer a passive investment with significant upside potential. The leases include a 10% rent bump every five years, ensuring consistent growth in net operating income (NOI), currently at $300,000. The asking price is $5,852,000. This is a rare chance to acquire a portfolio of high-quality, brand-new retail properties leased to nationally recognized tenants with strong corporate guarantees, offering exceptional long-term value and minimal landlord responsibilities. The property's prime location and high-traffic count make it an ideal investment for discerning buyers seeking a secure and profitable addition to their portfolio. The address is 2740 and 2880 Jensen Avenue, Sanger, CA 93657.

Property Details for 2740 Jensen Ave

Property type
Lifestyle centers, Power centers
Square Feet
4,423 SF
Year Built
2024
Buildings
2
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Sanger
County
Fresno
State
California
Latitude
36.706707629353
Longitude
-119.57720781867

FAQs

What type of property is this?
Lifestyle center - Chipotle & Starbucks NNN Lease
Where is the lifestyle center located?
The property is located at 2740 Jensen Ave Sanger, CA.
What is the asking price?
The asking price for this property is $5,852,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2740 Jensen Ave
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