2310 West Cleveland Avenue Active

Madera,CA 93637

$ 1595000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW-25069331

Year Built 1992

Annual Tax Amount $13,085

Property Sub-Type Retail

Property Description

Coldwell Banker Best Realty is pleased to present an Absolute Net Leased Rally's restaurant located at 2310 W Cleveland Ave., Madera, California. This location has been successfully operating since 2013 and has eight years remaining on the lease, which originally commenced that same year. The tenant is a well-established, family-owned franchisee with over 30 years of experience, operating 11 Rally's locations. The lease includes three (3) five-year option periods, with 10% rental increases every five years. Strategically positioned near the intersection of Cleveland Ave. and N. Schnoor Ave., the property is just 0.5 miles from the California 99 Freeway. It is located in the central retail hub of Madera, surrounded by national credit tenants such as McDonald's, Taco Bell, Food 4 Less, Lowe's, Walmart, Walgreens, Dollar Tree, Office Depot, and Petco.

Location

State CA

County Madera

Interior

Laundry None

Building

Lot Description 0-1 Unit/Acre

Others

Virtual Tour https://mls.homejab.com/property/2310-w-cleveland-ave-madera-ca-93637-usa

View More
Favorite Go Tour