5674 Kings Canyon Rd Fresno, CA 93727

Property Details for 5674 Kings Canyon Rd

Year built

2024

Lot size

2.83 lot acres

Property size

23,729 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a fee-simple ownership (land and building) of a newly constructed (2024), 23,729 square foot Tractor Supply store in Fresno, CA. The property boasts a 20-year NNN lease commencing May 1, 2024, and expiring May 1, 2044, with four 5-year renewal options. The lease includes a corporate guarantee from Tractor Supply, a credit-worthy tenant (S&P: BBB rating), and features 5% rental increases every five years, providing built-in inflation protection and growing net operating income. The property sits on a 2.83-acre lot with 79 parking spaces and is zoned Commercial-Mixed Use (CMX). Located at 5674 E Kings Canyon Rd, Fresno, CA 93727, this strategically positioned retail space benefits from high visibility at a signalized intersection with a combined daily vehicle count exceeding 68,700. The property is part of a shopping center anchored by Vons, attracting over 932,000 annual visitors. Surrounding residential complexes and proximity to the large Fancher Creek Development (2.6 million+ square feet of commercial space and 740 residential units) further enhance the property's value and long-term growth potential. The 5-mile trade area boasts over 230,000 residents and 83,900 daytime employees, with an average household income of $93,573 within a 1-mile radius. The asking price is $9,350,000, representing a price per square foot of $394.03. This is a truly exceptional opportunity for a passive investor seeking a stable, high-growth investment with minimal landlord responsibilities. The property's APN is 474-030-54.

Location Insight

City

Fresno

County

Fresno

State

California

Longitude

-119.697

Latitude

36.7359