3031 W Clinton Ave Fresno, CA 93722

Listing agency Newmark - Fresno t***@pearsonrealty.com Show Phone

Listed by Troy McKenney · License #CA 00952671

Source Crexi

Added: Apr 12 Updated: Jul 21 at 11:04PM Checked: Jul 21 at 11:04PM

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Investment Insights

Based on property information with market context.

This offering is a Carl’s Jr. ground lease with a 20-year term and provisions for a 10% rent increase every five years, including options. The property is described as brand new construction, with the tenant building the improvements at their own expense. An expected opening date of October 2020 is noted.

The site is identified as a high-profile pad corner location on 0.93± acres. Nearby tenants listed include O’Reilly Auto Parts, Arco, AM/PM, Chevron, and Domino’s Pizza.

Key Highlights

• Brand new construction on a 20‑year Carl’s Jr. ground lease with a scheduled 10% rent increase every 5 years (including options).
• Tenant‑built building at their expense.
• Expected opening of October 2020.

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FAQs

What type of property is this?

Storefront property - Brand new construction ground lease featuring a Carl’s Jr. with a scheduled 10% rent increase every five years.

Where is this storefront property located?

The property is located at 3031 W Clinton Ave Fresno, CA.

What are key features of this property?

This property features: Brand new construction on a 20‑year Carl’s Jr. ground lease with a scheduled 10% rent increase every 5 years (including options).; Tenant‑built building at their expense.; Expected opening of October 2020.