Property summary
This exceptional investment opportunity presents a brand-new, 2,391 square foot free-standing building in Sanger, California. Constructed in 2024, this building features a drive-thru and is situated on a 0.57-acre lot at 2880 Jensen Ave, 93657, within Fresno County. The property boasts a 100% occupancy rate with a strong corporate tenant, Chipotle, under a 15-year net lease agreement. The lease includes a significant rent bump of 10% every five years, ensuring consistent income growth. The property generates a substantial net operating income (NOI) of $145,000, resulting in an attractive 5.00% cap rate. This location benefits from high traffic volume, exceeding 27,000 average daily traffic counts at the intersection of Jensen and Bethel Avenues. Its strategic placement near a high-performing Walmart Supercenter and other businesses, including a Starbucks (also available for sale) and an Oil Changers, further enhances its appeal and potential for long-term success. The asking price for this exceptional net lease investment is $2,900,000. This build-to-suit property offers a secure and lucrative investment opportunity with a prominent national tenant and a compelling financial profile.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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