2680 Jensen AveMinkler, CA 93657

Property Details for 2680 Jensen Ave

Year built

1976

Construction

TILT-UP CONCRETE

Lot size

1.64 AC

Property size (Sq ft)

18,900 SF

Zone code

CN

Property type

Retail properties

Property subtype

Retail space

APN

315-021-24

APU

31502124

Description

This exceptional 18,900-square-foot freestanding retail building presents a compelling investment opportunity in Sanger, California. Previously occupied by a 99 Cents Only store, this property boasts a prime location at the northwest corner of Jensen Avenue and Bethel Avenue, offering unparalleled visibility and accessibility. Situated at the end cap of a thriving shopping center, the building benefits from unrestricted sightlines along major retail thoroughfares. The asking price is $2,750,000, translating to $145.50 per square foot. The property's strategic placement ensures high foot traffic and strong brand recognition, given its proximity to a robust mix of established national and regional tenants. These include a Walmart Supercenter, Grocery Outlet, Chipotle, O'Reilly Auto Parts, Panda Express, Mountain Mike's Pizza, and Walgreens, among others. This ensures a consistent flow of customers and a vibrant commercial environment. The building's substantial size and prominent location make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. The address is 2680 E Jensen Ave, Sanger, CA 93657, in Fresno County.

• CAP approach

  CAP return

  Valuation

  6%

  $3,938,693

  6.5%

  $3,635,717

  7%

  $3,376,023

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,324,531

  Geo Method

  $13,283,925

• Alternative Use

  Use

  Valuation

  Residential

  $3,066,863

  Hospitality

  $2,809,230

  Educational

  $2,337,246

  Medical

  $2,417,628

  Retail

  $3,635,717

Location Insight

City

Sanger

County

Fresno

State

California

Latitude

36.7073

Longitude

-119.576

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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