Smart & Final Extra! | Fresno, CA
Sands Investment Group is Pleased to Exclusively Offer For Sale the Trophy Grocery Store Located at 7733 N 1st Street in Fresno, California.
- “Trophy” Single Tenant Smart & Final Extra! Located Within the Woodward Village Accompanied With Other National Tenants Such as Subway, Taco Bell and 76 Station
- Triple Net (NNN) Lease With Minimal Landlord Responsibilities – Ideal for 1031 Exchange
- Long Lease Term – Over 6 Years Remaining on Base Term With Four (5 Year) and One (4 Year 11 Months) Option Periods
- Strong Rental Increases Provides Hedge Against Inflation – 10% Increase in 2026 and First Four Option Periods – Greater of FMV or 10% at 5th Option
- Below Market Rent Provides Security For the Investor – Only $15 Per Square Foot
- Strategically Located Just a Few Blocks Off Yosemite Fwy on a Busy Signalized Corner With an Average of 110,590 Vehicles Per Day
- Smart & Final Was Acquired By Apollo Global Management in June 2019 Which Has a Superior Credit Rating and Paying a 25% Premium on Stock Shares – Reflects the Strength and Growth in the Brand
- Fresno is the 5th Most Populated City in California and is Continuing to Experience Vast Population and Industry Growth Given It’s Strategic Location Right in the Heart of the Central Valley
- Located Directly Between Los Angeles and San Francisco, Fresno Boasts an Astonishing Population Density of Over 519,000 People
- Strong Retail Corridor With Neighboring Tenants Including: Boston Market, McDonald’s, Jimmy John’s, UPS Store, Walgreens and Starbucks
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