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1207 N Willow Ave
Clovis, CA 93612
Retail Property For Sale
Investment Highlights
- Single tenant, fully leased restaurant location with long-term operational history
- Dense surrounding residential population and high daytime traffic
- Close proximity to Highway 168, excellent traffic counts
- Freestanding retail space with strong exposure and access along Willow Avenue, an established Clovis commercial corridor
- Low maintenance building and site layout
Executive Summary
Offered for sale is a rare single tenant net lease restaurant investment located in the heart of Clovis, on of Central California’s most stable and high-demand retail markets. The ±2,926 square foot freestanding building – constructed in 2004 and long operated as Colorado Grill is situated on a ±0.35-acre parcel with excellent visibility along heavily traveled Willow Avenue.
The property is fully occupied, with the existing restaurant tenant continuing operations, providing investors with secure, ongoing income in a proved trade area. The site benefits from strong customer traffic generated by dense residential neighborhoods, major Clovis retail corridor, and nearby educational and employment drivers.
The building features modern construction, a functional restaurant layout, and ample onsite parking, reducing future capital expenditure requirements. Surrounded by national retailers, service businesses, and established community amenities, this location offers long-term stability and consistent consumer demand, making it an appealing addition to any investor's portfolio.
The property is fully occupied, with the existing restaurant tenant continuing operations, providing investors with secure, ongoing income in a proved trade area. The site benefits from strong customer traffic generated by dense residential neighborhoods, major Clovis retail corridor, and nearby educational and employment drivers.
The building features modern construction, a functional restaurant layout, and ample onsite parking, reducing future capital expenditure requirements. Surrounded by national retailers, service businesses, and established community amenities, this location offers long-term stability and consistent consumer demand, making it an appealing addition to any investor's portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,962 SF
Building Class
C
Year Built
2002
Price
$2,062,245 CAD
Price Per SF
$696.23 CAD
Cap Rate
4.81%
NOI
$99,143 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.19
Lot Size
0.35 AC
Zoning
C2 - Commerical
Parking
20 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
Property Taxes
| Parcel Number | 420-161-24 | Improvements Assessment | $753,263 CAD |
| Land Assessment | $93,496 CAD | Total Assessment | $846,760 CAD |
Property Taxes
Parcel Number
420-161-24
Land Assessment
$93,496 CAD
Improvements Assessment
$753,263 CAD
Total Assessment
$846,760 CAD
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