CVS Leasehold
4987 N Fresno St Fresno, CA 93726
For Sale
Contact for pricing
CVS leasehold with 11+ years remaining on the initial term and renewal options, operating for over 14 years at this location.
Days on Market104
Property Features for 4987 N Fresno St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Chris Barry · License #CA 02018350
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 12:30PM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
Pharma Property Group is offering a CVS leasehold interest at 4987 N Fresno St, Fresno, California. CVS has over 11 years remaining on the initial lease term and includes 10 (5-year) renewal options. CVS has been operating at the location for more than 14 years, and the asset will be delivered free/clear of debt. The offering is structured as a leasehold interest and includes tax benefits associated with building depreciation.
The property is located directly across from Fashion Fair Mall, anchored by Macy’s and JC Penny’s. The intersection is described as highly trafficked within Fresno’s main retail corridor, with a combined traffic count of over 113,000 vehicles per day. The surrounding area includes approximately 31 million square feet of retail space within a 5-mile radius.
Regional draw includes St. Agnes Medical Center, described as a 384-bed full service hospital with approximately 2,000 medical and support staff located about three miles northeast. Within 10 miles, nearby distribution centers include Amazon (855,000 SF) and GAP/Old Navy (2,000,000 SF) near Fresno/Yosemite International Airport, with approximately 16.7 million square feet of industrial space within a 5-mile radius.
The property is located directly across from Fashion Fair Mall, anchored by Macy’s and JC Penny’s. The intersection is described as highly trafficked within Fresno’s main retail corridor, with a combined traffic count of over 113,000 vehicles per day. The surrounding area includes approximately 31 million square feet of retail space within a 5-mile radius.
Regional draw includes St. Agnes Medical Center, described as a 384-bed full service hospital with approximately 2,000 medical and support staff located about three miles northeast. Within 10 miles, nearby distribution centers include Amazon (855,000 SF) and GAP/Old Navy (2,000,000 SF) near Fresno/Yosemite International Airport, with approximately 16.7 million square feet of industrial space within a 5-mile radius.
Key Highlights
- CVS leasehold interest at 4987 North Fresno Street, Fresno, CA
- Over 11 years remaining on the initial lease term with 10 (5‑year) renewal options
- CVS has operated at this location for over 14 years
Property Analytics
Location Intelligence
Current Use by Public Records
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CVS
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Pharmacy
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FAQs
What type of property is this?
Drug store - CVS leasehold with 11+ years remaining on the initial term and renewal options, operating for over 14 years at this location.
Where is this drug store located?
The property is located at 4987 N Fresno St Fresno, CA.
What are key features of this property?
This property features: CVS leasehold interest at 4987 North Fresno Street, Fresno, CA; Over 11 years remaining on the initial lease term with 10 (5‑year) renewal options; CVS has operated at this location for over 14 years
