Property profile

5674 Kings Canyon Rd Fresno, CA 93727

OFF-MARKET
Retail properties & Spaces
23,729 SF 2.83 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 23,729 SF
Lot 2.83 ac (123,275 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Store & Service

Location

5674 Kings Canyon Rd Fresno, CA 93727
Fresno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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