Building Details

Tenancy Single

Listing Agency: Retail Pacific Inc.

Listed By: Carol Therien · License #CA 00909068 Show Phone

Source: Crexi

Added: Apr 6, 2024 Changed: Oct 25 Last Checked: Oct 28 at 7:28AM

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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 Pacific Inc.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This freestanding commercial property, suitable for retail and automotive businesses, is available for sale. The property is currently occupied by a Dollar General store and an Auto Zone, suggesting a strong location. The building has a size of 9993 square feet.

Key Highlights

• Freestanding building
• Dollar General tenant
• Strong location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$138,388

Cap Rate

5.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,767,760 $2.8M

Cap Rate 7%

$1,976,971 $2.0M

Cap Rate 9%

$1,537,644 $1.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,993 SF

Gross rent

$195.5K $19.56/SF

− Vacancy

−$10.9K −$1.10/SF

EGI

$184.5K $18.46/SF

− OpEx

−$46.1K −$4.62/SF

NOI

$138.4K $13.85/SF

Area

Fresno County, CA

Vacancy

5.60%

Lease Rate

$19.56 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,767,760

Cap Rate 7%

$1,976,971

Cap Rate 9%

$1,537,644

Alternative Uses

Best Use

Specialty Retail

$1.98M

$1.73M – $2.31M (±1% cap)

NOI $138,388 @ 7.0% cap · market cap 5.22%

Second Best

Retail

$1.85M

$1.61M – $2.15M (±1% cap)

NOI $129,162 @ 7.0% cap · market cap 4.88%

Theoretical Best

Office A

$2.83M

$2.48M – $3.30M (±1% cap)

NOI $198,259 @ 7.0% cap · market cap 7.48%

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

FedEx OnSite Postal Service Redbox Cinema Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Pharmacy Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 93646, CA

10,492

Population

2,700

Households

3.9

Avg Household Size

28

Median Age

11%

College-Educated

50%

High-School Grad

34.3 sq mi

ZIP Area

306

Density / Sq Mi

$39,632

Median Household Income

$25,402

Median Earnings

$993

Median Rent

$240,500

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Similar Off Market Nearby

• El Pueblo supermercado — 815 Anchor Ave, Orange Cove, CA 93646
• Sal’s Discount — 1233 Park Blvd, Orange Cove, CA 93646

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Freestanding Dollar General with Auto Zone for sale.

Where is this grocery and convenience store located?

The property is located at 1330 Park Blvd Orange Cove, CA.

What is the asking price?

The asking price for this property is $2,649,000.

What are key features of this property?

This property features: Freestanding building; Dollar General tenant; Strong location