Restaurant
For Sale
$2,600,000
836 North Pollasky Avenue, Clovis, CA 93611
Commercial restaurant property identified at a North Pollasky Avenue address.
Property Size4,899 SF
Days on Market68
Property Features for 836 North Pollasky Avenue
General Information
Standard status
Active
Size
4,899 SF
Property subtype
Retail
Building Details
Building Size
4,899 SF
Listing Agency:
Retail California Commercial Real Estate
(559) 447-6218
Listed By:
Kelsey McKenney · License #CA #02217573
Source:
Newmarkpearson
Added: Jun 25
Changed: Aug 31
Last Checked: Aug 31 at 12:02AM
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 Retail California Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial restaurant property is located at 836 North Pollasky Avenue in Clovis, California. The available property information identifies the asset as a conventional restaurant offered for sale.
Key Highlights
- Conventional restaurant classification
- For‑sale commercial restaurant property
- 836 North Pollasky Avenue address
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,484,100
$1.5M
Cap Rate 7%
$1,060,071
$1.1M
Cap Rate 9%
$824,500
$824.5K
Market Conditions
NOI Build-Up for 4,899 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.8K $21.60/SF
− Vacancy
−$6.9K −$1.40/SF
EGI
$98.9K $20.20/SF
− OpEx
−$24.7K −$5.05/SF
NOI
$74.2K $15.15/SF
Area
Clovis, CA
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,484,100
Cap Rate 7%
$1,060,071
Cap Rate 9%
$824,500
Alternative Uses
Best Use
Specialty Retail
$1.06M
$927.6K – $1.24M
NOI $74,205 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,395 @ 7.0% cap · market cap 3.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,781
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Dining 10%
Hotels & Casinos 4%
Beauty & Spa 4%
Bank of America
Shops & Services
12,454 visits/mo
0.1 miles
7-Eleven
Shops & Services
11,579 visits/mo
0.3 miles
Valero Energy
Shops & Services
8,238 visits/mo
0.3 miles
America's Tire Store
Shops & Services
4,777 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
4,692 visits/mo
0.2 miles
Demographics for 93611, CA
47,041
Population
16,093
Households
2.9
Avg Household Size
39
Median Age
40%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,567
Density / Sq Mi
$114,677
Median Household Income
$58,774
Median Earnings
$2,101
Median Rent
$457,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial restaurant property identified at a North Pollasky Avenue address.
Where is this conventional restaurant located?
The property is located at 836 North Pollasky Avenue Clovis, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Conventional restaurant classification; For‑sale commercial restaurant property; 836 North Pollasky Avenue address
