7006 Cedar AveFresno, CA 93720
- Turn key restaurants
- 5,712 SF
Property Details for 7006 Cedar Ave
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 0.94 AC
- Property size (Sq ft)
- 5,712 SF
- Zone code
- CC
- Property type
- Turn key restaurants
- APN
- 404-060-12
- APU
- 40406012
Description
This exceptional retail opportunity presents two available spaces within the thriving Cedar Pointe Shopping Center, located at 7058-7084 N. Cedar Ave, Fresno, CA 93720, at the highly visible intersection of Cedar and Herndon Avenues. The spaces offer flexible layouts ranging from 2,063 to 2,500 square feet, ideal for a variety of restaurant or retail concepts. This CC-zoned property (APN 404-060-12) benefits from exceptional daily traffic exceeding 80,000 vehicles, ensuring high visibility and accessibility. The center boasts ample parking and convenient access points, enhancing customer convenience. The property's strategic location within Cedar Pointe Shopping Center places it amongst a strong roster of national tenants, including Starbucks, Burger King, Tahoe Joe's, Me-n-Ed's, CVS, and Applebee's, creating a vibrant and high-traffic environment that drives significant foot traffic to the area. This is a rare opportunity to establish a business in a well-established and highly sought-after retail center in Fresno. The multiple tenancy allows for flexibility and potential for synergy with neighboring businesses. Contact us today to learn more about this outstanding investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,404,620
- 6.5%
- $1,296,570
- 7%
- $1,203,960
-
Comparable approach
- Method
- Valuation
- Relative Method
- $873,498
- Geo Method
- $1,656,860
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,495,270
- Mixed-Use / Specialty
- $1,305,350
- Hospitality / Lodging
- $975,151
- Office
- $1,311,560
- Institutional / Educational
- $1,361,830
- Residential Income
- $1,593,350
- Multifamily
- $1,836,650
- Automotive / Energy
- $1,167,290
- Parking / Income-Based Land
- $389,572
- Restaurant / Food Service
- $707,535
- Healthcare / Senior Housing
- $1,324,870
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.8377
- Longitude
- -119.753
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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