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Investment Highlights
- Existing QSR/Drive-Thru capabilities
- Excellent customer access and regional connectivity
- Attractive owner-user acquisition opportunity
- Highly visible location off Blackstone and Herndon Avenues
- Well-suited for restaurant, QSR, or service-oriented uses
- Potential to capitalize on an established commercial corridor with strong visibility
Executive Summary
The offering presents a compelling opportunity for an owner-user to acquire a 2,298± SF freestanding commercial building in a highly visible and strategically positioned location along one of Fresno's established commercial corridors. Formerly occupied by Starbucks, the property offers existing restaurant improvements and QSR drive-thru capabilities, providing a functional foundation for a wide range of restaurant, food & beverage, retail and service-oriented uses.
Situated near the intersection of Blackstone and Herndon Avenues, two of Fresno's major thoroughfares, the property benefits from excellent visibility convenient access, and strong exposure to surrounding traffic. The freestanding configuration, prominent frontage, and existing drive-thru infrastructure offer an owner-user the opportunity to significantly reduce the time and expense typically associated with developing a new site while maintaining flexibility to customize the space to meet their specific operational needs.
More importantly, ownership provides the opportunity to control a strategically located commercial asset while operating a business form the premises, creating the potential for long-term real estate value and greater control over occupancy costs. With its established location, highly functional improvements, and strong owner-user appeal, the property represents a rare opportunity to acquire a well-positioned Fresno commercial asset with immediate usability and long-term potential.
Situated near the intersection of Blackstone and Herndon Avenues, two of Fresno's major thoroughfares, the property benefits from excellent visibility convenient access, and strong exposure to surrounding traffic. The freestanding configuration, prominent frontage, and existing drive-thru infrastructure offer an owner-user the opportunity to significantly reduce the time and expense typically associated with developing a new site while maintaining flexibility to customize the space to meet their specific operational needs.
More importantly, ownership provides the opportunity to control a strategically located commercial asset while operating a business form the premises, creating the potential for long-term real estate value and greater control over occupancy costs. With its established location, highly functional improvements, and strong owner-user appeal, the property represents a rare opportunity to acquire a well-positioned Fresno commercial asset with immediate usability and long-term potential.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,603 SF
Building Class
C
Year Built/Renovated
1984/2009
Price
$4,826,290 CAD
Price Per SF
$1,854.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.51 AC
Zoning
C-6, Fresno
Parking
20 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
122’ on Blackstone Ave
Amenities
- Pylon Sign
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 408-021-18 | Improvements Assessment | $2,283,690 CAD |
| Land Assessment | $1,370,213 CAD | Total Assessment | $3,653,903 CAD |
Property Taxes
Parcel Number
408-021-18
Land Assessment
$1,370,213 CAD
Improvements Assessment
$2,283,690 CAD
Total Assessment
$3,653,903 CAD
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6740 N Blackstone Ave
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