Thursday, September 4, 2008

Save Mart Anchored Shopping Center in Fresno, CA

Figarden New Town
Fresno, Ca
  • Purchase Price: $10,270,577
  • Cap Rate: 7.25%
  • Building Area: 36,461 SF
  • Building $/PSF $261
  • Year Built 2001
  • Occupancy: 87%
  • Anchored by newly renovated Save Mart supermarkets
  • Tenant Mix includes Carl's Jr., Kragen, Starbucks, Subway, H&R Block, Advance America
  • Offering includes Jiffy Lube ground lease
  • Neighboring tenants include Walgreens, Ave Hardware, Golden One Credit Union
  • Traffic Exposure on Figarden Drive: 55,144 cars per day

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