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4334 E Clinton Ave

1,190 SF Retail Building Fresno, CA 93703 $3,940,104 CAD ($3,311 CAD/SF) 5% Cap Rate

Executive Summary

The Tenant is one of the largest and most successful Dutch Bros Coffee franchisees in the country. The Tenant entity is DB Coffee Fresno, LLC which operates 13 locations in and around Fresno, CA. They have 3 additional locations under construction now and are in active negotiations for another 6 locations in the next 18-24 months. Average unit volumes in their portfolio outpace that of corporate stores both nationally and regionally.
The subject site is a strategically located infill property in the McClane District of central Fresno at the SWC of Clinton and Cedar Avenues. The site is adjacent to and shares cross access with Auto Zone. The area around the site consists of mature, densely populated neighborhoods, retail shopping centers and McClane High School directly across the street. The building consists of 1,190± square feet on a parcel of 33,976± square feet.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
1,190 SF
Building Class
B
Year Built
2023
Price
$3,940,104 CAD
Price Per SF
$3,311 CAD
Cap Rate
5%
NOI
$197,005 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
0.80 AC
Zoning
C-1 - Commercial mixed use
Parking
7 Spaces (5.88 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Skylights
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
447-191-31
Land Assessment
$472,541 CAD
Improvements Assessment
$0 CAD
Total Assessment
$472,541 CAD
  • Listing ID: 31448928

  • Date on Market: 2024-04-08

  • Last Updated:

  • Address: 4334 E Clinton Ave, Fresno, CA 93703

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