For Sale
$3,950,000

2424 Brawley AveFresno, CA 93722

High-yield Walgreens NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a 14,490-square-foot Walgreens, situated on a 1.51-acre lot at 2424 N Brawley Ave, Fresno, CA 93722. The property boasts a strong 8.66% cap rate and a substantial net operating income (NOI) of $342,000, supported by a 25-year NNN lease with 7 years remaining and 10 five-year renewal options. Built in 2007, this single-story building enjoys 100% occupancy and benefits from a prime location near Highway 99, surrounded by other major retailers including Wells Fargo, Save Mart, CVS, Taco Bell, Burger King, and O'Reilly Auto Parts. The property features 54 parking spaces and excellent visibility at a signalized intersection on a main avenue, approximately 6 miles northwest of Fresno's Central Business District and near El Capitan Middle and Elementary School. The property is zoned CC (Commercial Community) and has two access points, one on N Brawley Ave and another on W Clinton Ave. This offering provides a secure, high-performing investment with a proven track record and significant upside potential. The asking price is $3,950,000, translating to $272.60 per square foot. The APN is 442-060-54.

Highlights

  • High-visibility corner lot at a signalized intersection on a major city avenue.
  • Six miles northwest of Fresno's Central Business District.
  • Adjacent to El Capitan Middle and Elementary School.
  • Dual access points: N Brawley Ave and W Clinton Ave.
  • Excellent visibility and strong market presence.
  • Property boasts a history of stable tenancy.

Property Details for 2424 Brawley Ave

Property type
Retail properties, Drug stores
Square Feet
14,490 SF
Year Built
2007
Buildings
1
Stories
1
Lot Size (sq. ft)
65,776 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7725506
Longitude
-119.8617143
2424 Brawley Ave, Fresno, California

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2424 Brawley Ave
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