2310 W Cleveland AVE, Madera, CA 93637 - MLS#PW25069331

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,500,000

Est. payment | -/mo

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$ 1,500,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25069331

HOA Y/N No

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

Fireplace No

Laundry None

Exterior

Utilities Available Water Not Available

Building

Lot Description 0-1 Unit/Acre

Story 1

Water None

Others

Tax ID 006390019

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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

Listed by Jae Jung Coldwell Banker Best Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2310 W Cleveland AVE Madera, CA 93637