3795 W Shields Ave | Fresno, CA 93722
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3795 W Shields Ave
Fresno, CA 93722
Rite Aid · Retail Property For Sale
Investment Highlights
- Lowest Priced Single Tenant Drug Store in California; Minimal Landlord Responsibilities with Rite Aid Paying for Taxes, Insurance, and Maintenance
- Low Retail Vacancy with High Retail Space Demand; Over 20 Years of Operating History at this Location
- Directly across from High Performing Grocery Anchored Shopping Center; Nearby Retailers Include National Brands McDonald’s, AutoZone, & Dollar General
- Below Market Rent; Providing Long Term Stability; Approximately 70%+ Below the Average Retail Rent for West Fresno According to CoStar Data
- Situated on large parcel (1.61 ACRE) on Hard-Signalized Intersection Location at Shields Avenue & Brawley Avenue; Over 17,500 Cars Per Day
- Dense In-Fill Location with Over 17,000 People within 1 Mile; Nearly 10% Population Growth within 10 Miles in the Last 10 Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
16,415 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.61 AC
Zoning
C5/UGM/CZ, Fresno - Commercial
Parking
90 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 442-030-33 | Improvements Assessment | $2,386,800 |
| Land Assessment | $856,800 | Total Assessment | $3,243,600 |
PROPERTY TAXES
Parcel Number
442-030-33
Land Assessment
$856,800
Improvements Assessment
$2,386,800
Total Assessment
$3,243,600
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