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2589 Jensen Ave Sanger, CA 93657

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For Sale
$6,067,667

Thriving Walgreens in Sanger, CA with long-term lease.

Lot size:
1.03 Acres

Property Features for 2589 Jensen Ave

General Information

Lot size
1.03 Acres

Building Details

Year built
2009

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Listing Contact
Mary Alam, Mba
Source: Nainorcal

Listing Agent: Mary Alam, Mba

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Walgreens NNN Property For Sale

Located at 2589 Jensen Avenue in Sanger, California, near Fresno, this property is a leased Walgreens. The location is approximately 12 miles from the Fresno Yosemite International Airport and about 3.5 hours by car from Los Angeles International Airport. The property has a long lease term remaining, expiring on 8/31/2084, with the first termination option on 8/31/2034, and has been at this location since 2009. The net monthly income is $36,406, guaranteed by Walgreens under an absolute NNN lease. The property includes a drive-thru pharmacy and a 3,000 SF mezzanine with a separate entrance. Business hours are from 8 am to 10 pm daily, with services including FedEx, ATM, Western Union, and alcohol sales. Situated on a 1.03-acre parcel, the property offers ample parking and easy access. It is located at a busy signalized intersection in downtown Sanger with approximately 25,000 vehicles per day. The location has retail synergy with a Walmart supercenter and shopping center across the street, EECU Credit Union next door, and nearby national retailers such as Starbucks, Dollar Tree, O'Reilly's, AT&T, Grocery Outlet and Quest Diagnostics. The store sales increased 10% from 2020 to 2024.
Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Riad R. Hawari, BS, CVS Pharmacy, CVS, Arturo Perez

Location Insight

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  • Local Demand
City
Sanger
County
Fresno
State
California
Longitude
-119.575765
Latitude
36.706215

FAQs

What type of property is this?
Drug store - Thriving Walgreens in Sanger, CA with long-term lease.
Where is this drug store located?
The property is located at 2589 Jensen Ave Sanger, CA.
What is the asking price?
The asking price for this property is $6,067,667.
What are key features of this property?
This property features: - High-Performing Walgreens: Ranked in the 91st percentile nationwide per Placer AI with a 10% increase in store sales from 2020 to 2024.; - Long-Term Lease: Lease expiration on 8/31/2084, providing stable, long-term income.; - Guaranteed Income: **$36,406 net monthly income guaranteed by Walgreens** with an absolute NNN lease.
More about this property
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