Grocery Store For
2820 Tulare St, Fresno, CA 93721
For Sale
Contact for pricing
15,000 SF grocery store available for purchase.
Property Size15,000 SF
Price / SF$275
Days on Market282
Property Features for 2820 Tulare St
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
Hanley Investment Group
Listed By:
Sean Cox · License CA #02114392
(949) 244-9335
Source:
Crexi
Added: Feb 3
Changed: Nov 2
Last Checked: Nov 10 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanley Investment Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 15,000 square foot grocery store is available for sale. Additional information can be found in the offering memorandum.
Key Highlights
- Standalone building presents a unique opportunity.
- Built in 2009.
- Located in Fresno.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$203,040
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,060,800
$4.1M
Cap Rate 7%
$2,900,571
$2.9M
Cap Rate 9%
$2,256,000
$2.3M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$288.0K $19.20/SF
− Vacancy
−$17.3K −$1.15/SF
EGI
$270.7K $18.05/SF
− OpEx
−$67.7K −$4.51/SF
NOI
$203.0K $13.54/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,060,800
Cap Rate 7%
$2,900,571
Cap Rate 9%
$2,256,000
Alternative Uses
Best Use
Specialty Retail
$2.90M
$2.54M – $3.38M
NOI $203,040 @ 7.0% cap · market cap 4.92%
Second Best
Retail
$2.51M
$2.20M – $2.93M
NOI $175,770 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M
NOI $309,420 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,157
Businesses Nearby
111k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 25%
Groceries 13%
Office Supplies 10%
McDonald's
Dining
33,177 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
13,943 visits/mo
0.1 miles
Office Depot
Office Supplies
11,070 visits/mo
0.2 miles
ARCO
Shops & Services
8,817 visits/mo
0.4 miles
Starbucks
Dining
8,726 visits/mo
0.1 miles
Demographics for 93721, CA
7,899
Population
2,621
Households
3
Avg Household Size
35
Median Age
12%
College-Educated
69%
High-School Grad
2.0 sq mi
ZIP Area
3,950
Density / Sq Mi
$32,602
Median Household Income
$26,746
Median Earnings
$915
Median Rent
$219,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- ATM (Snappy Food & Liquor) — 2111 Ventura St, Fresno, CA 93721
- Ventura Supermarket — 3232 E Ventura Ave #3244, Fresno, CA 93702
- Ventura Market — 3232 e ventura ave, fresno, ca 93702
- Grocery Outlet — 2820 Tulare St, Fresno, CA 93721
- El Super — 3190 E Tulare St, Fresno, CA 93702
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 15,000 SF grocery store available for purchase.
Where is this grocery and convenience store located?
The property is located at 2820 Tulare St Fresno, CA.
What is the asking price?
The asking price for this property is $4,125,000.
What are key features of this property?
This property features: Standalone building presents a unique opportunity.; Built in 2009.; Located in Fresno.
