1234 Herndon Ave Fresno, CA 93650
This thriving American brunch restaurant in Fresno, CA, presents a unique investment opportunity. Located at 1234 W Herndon Ave, 93650, this freestanding, 3,357 square foot building boasts a prime location within a shopping center, yet enjoys the visibility of a standalone structure with ample parking. The property has been successfully operating for over 30 years, generating gross monthly sales of $90,000. The current lease is a NNN agreement with a monthly rent of $4,867.65 plus CAM charges. The restaurant features two remodeled restrooms and all furniture, fixtures, and equipment (FF&E) are included in the sale price of $250,000 ($74.47/sq ft). Currently operating from 6 am to 2 pm, the restaurant benefits from high street visibility. While there is no existing beer and wine license, the opportunity exists to obtain one. This is not a franchise, allowing for flexibility to maintain the current menu or implement a new concept. A signed NDA is required to access further financial details. This is a single-tenant, single-building property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.