Retail•Free Standing•For Sale

San Joaquin Valley Citibank (Dark), Fee Simple NNN, 9 CAP

530 East Yosemite Avenue, Madera, California 93638

Sale Price $965,000 ($215.40 /SqFt)
Sale Type Investment
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1988
Stories 1
Cap Rate 9.00%
RBA 4,480 SqFt
Land Area 19,166 SqFt
Located 23 miles north of Fresno in Northern California’s Central Valley (San Joaquin Valley) Value add opportunity No landlord responsibilities More than five years on term, allowing sufficient time to re-tenant or redevelop Payment and performance is guaranteed by Citibank, N.A. (S&P A) San Joaquin Valley is the most productive agricultural region in the WORLD. The 2010 census was 61,416 residents, a 42% increase from the 2000 census of 43,207 residents Located along E. Yosemite Avenue, a short distance from Highway 99 which has a traffic count of 80,000 VPD
  • NOI $86,872
  • Lease Type Absolute NNN
  • Lease Term 10 Years
  • Lease Start January 31,2014
  • Lease Expiration January 31,2024

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9/18/2018 12:00:00 AM 9/18/2018 11:28:53 PM

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