For Lease
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Property summary
This exceptional investment opportunity presents the leasehold interest in the Bonanza Shopping Center, a 69,623-square-foot grocery-anchored shopping center located in Clovis, California. Situated on 6.01 acres at the southwest corner of Clovis Avenue and Shaw Avenue, this 100% occupied center boasts a diverse mix of 16 tenants providing essential daily needs and services. The property benefits from a strong anchor tenant, a high-performing Grocery Outlet, complemented by recession-resistant… tenants such as Octapharma Plasma and The Salvation Army. Other tenants include a variety of fitness, restaurant, and personal care businesses, catering to the thriving community. Clovis is experiencing significant population growth, exceeding 20% since 2010, and demonstrates strong demographics with an average household income of $97,984 within a three-mile radius. This prime location, coupled with the center's resilient tenant mix, offers a compelling investment opportunity with a current NOI of $1,028,044 and an 8.16% cap rate. The ground lease extends until January 31, 2057, providing long-term stability. The asking price is $12,600,000, representing a price per square foot of $180.97. This is a Core+ leasehold investment with significant upside potential in a rapidly expanding market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight