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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1234 Herndon Ave Fresno, CA 93650

3,357 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,357 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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