3401 Fresno AveDenair, CA 95316

Property Details for 3401 Fresno Ave

Year built

2015

Lot size

1.69 AC

Property size (Sq ft)

9,002 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 9,002 square foot single-story retail building situated on a 1.69-acre lot in Denair, California's Central Valley. Currently leased to Dolgen California, LLC, under a triple-net (NNN) lease guaranteed by Dollar General, this property offers a secure and stable income stream. The 15-year lease, with six years remaining, provides an annual rent of $140,232. The tenant is responsible for all operating expenses, including taxes, insurance, and common area maintenance (CAM), encompassing roof, structure, and parking lot upkeep. This significantly reduces the owner's operational responsibilities. The lease includes three five-year renewal options, each with a 10% rent increase at the commencement of the option period, ensuring long-term value appreciation. The property boasts ample on-site parking with approximately 36 spaces, providing convenient access for customers. This well-maintained building presents a compelling investment opportunity with a strong tenant and a predictable cash flow, making it an attractive addition to any portfolio seeking stable, long-term returns in a thriving Central Valley location. The property's size and location make it an ideal investment for those seeking a low-maintenance, high-yield asset.

Location Insight

City

Denair

County

Stanislaus

State

California

Latitude

37.5236

Longitude

-120.799

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