295 N. FRUIT FOR SALE OR JOINT VENTURE

Size: px

Start display at page:

Download "295 N. FRUIT FOR SALE OR JOINT VENTURE"

Marybeth Owens
5 years ago
Views:

Managing Director 559.222.9909 mimms@svn.

1 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE FRESNO, CA Mark Mimms BRE# Managing Director SVN M J M AND ASSOCIATES INC WEST SHAW AVENUE, SUITE 132, FRESNO, CA OFFERING MEMORANDUM

DEMOGRAPHICS Demographics Report Demographics Map ADVISOR BIOS Advisor Bio & Contact 1 1 2 3

2 PROPERTY INFORMATION Property Summary Property Description LOCATION INFORMATION Regional Map Location Maps Aerial Map Retailer Map SALE COMPARABLES Sale Comps Sale Comps Summary DEMOGRAPHICS Demographics Report Demographics Map ADVISOR BIOS Advisor Bio & Contact N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA OFFERING MEMORANDUM

1 PROPERTY INFORMATION 295 N. Fruit Avenue Fresno, CA 93706 295 N.

3 1 PROPERTY INFORMATION 295 N. Fruit Avenue Fresno, CA N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 3

4 Property Summary OFFERING SUMMARY Asking Price: $3,000,000 Lot Size: Acres Zoning: M-1 Market: Downtown Fresno PROPERTY OVERVIEW The subject property consists of a total of /- acres of M-1 zoned land divided in five (5) individual adjacent parcels with Freeway 99 and Freeway 180 exposure. The Seller will sell the parcels or joint venture. Electricity and gas is supplied by P.G.&E. The Water 12" Main and Sewer 42" Main is in Fruit Avenue. SELLER WILL SELL THE PARCELS OR JOINT VENTURE. PROPERTY HIGHLIGHTS Five Parcels Adjacent and Connected Great Visibility From Freeway 99 and Freeway 180 Seller Will Sell The Parcels Or Joint Venture Close to Downtown Fresno Zoned M-1 Light Manufacturing Price / SF: $ N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 4

Property Description PROPERTY OVERVIEW The subject property consists of a total of 18.

5 Property Description PROPERTY OVERVIEW The subject property consists of a total of /- acres of M-1 zoned land divided in five (5) individual adjacent parcels with Freeway 99 and Freeway 180 exposure. The Seller will sell the parcels or joint venture. Electricity and gas is supplied by P.G.&E. The Water 12" Main and Sewer 42" Main is in Fruit Avenue. SELLER WILL SELL THE PARCELS OR JOINT VENTURE. LOCATION OVERVIEW The property is located in the Downtown Area of Fresno with Freeway 99 to the west and Freeway 180 to the south of the Property. Fresno is the 5th largest City in the State of California. Fresno is approximately 174 miles southeast of San Francisco and 210 miles north of Los Angeles, California. 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 5

6 2 LOCATION INFORMATION 295 N. Fruit Avenue Fresno, CA N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 6

7 Regional Map 295 N. Fruit For Sale Or Joint Venture 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 7

8 Location Maps 295 N. Fruit For Sale Or Joint Venture 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 8

9 Aerial Map 295 N. Fruit For Sale Or Joint Venture 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 9

10 Retailer Map 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 10

3 SALE COMPARABLES 295 N. Fruit Avenue Fresno, CA 93706 295 N.

11 3 SALE COMPARABLES 295 N. Fruit Avenue Fresno, CA N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 11

Sale Comps Subject Property 295 N. Fruit Avenue, Fresno, CA 93706 Sale Price: $3,000,000 Lot Size: 18.

76+/- acres of M-1 zoned land divided in five (5) individual adjacent parcels with Freeway 99 and Freeway 180 exposure.

The Water 12" Main and Sewer 42" Main is in Fruit Avenue. SELLER WILL SELL THE PARCELS OR JOINT VENTURE.

43 Acres Closed: 08/08/2011 1 2 2650 W. Nielsen 2650 W.

12 Sale Comps Subject Property 295 N. Fruit Avenue, Fresno, CA Sale Price: $3,000,000 Lot Size: Acres Building SF: 0 SF Price PSF: $3.67 The subject property consists of a total of /- acres of M-1 zoned land divided in five (5) individual adjacent parcels with Freeway 99 and Freeway 180 exposure. The Seller will sell the parcels or joint venture. Electricity and gas is supplied by P.G.&E. The Water 12" Main and Sewer 42" Main is in Fruit Avenue. SELLER WILL SELL THE PARCELS OR JOINT VENTURE Whitesbridge 4138 West Whitesbridge Fresno, CA Sale Price: $1,379,244 Lot Size: Acres Closed: 08/08/ W. Nielsen 2650 W. Nielsen Fresno, CA Sale Price: $3,064,500 Lot Size: Closed: 07/25/ Acres E. Central Avenue 1777 E. Central Avenue Fresno, CA Sale Price: $642,000 Lot Size: Closed: 03/28/ Acres N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 12

13 Sale Comps Summary SUBJECT PROPERTY PRICE BLDG SF LOT SIZE PRICE/SF PRICE/AC CAP 295 N. Fruit For Sale Or Joint Venture 295 N. Fruit Avenue Fresno, CA $3,000, AC $3.67 $159,915 - SALE COMPS PRICE BLDG SF LOT SIZE PRICE/SF PRICE/AC CAP Whitesbridge 4138 West Whitesbridge Fresno, CA $1,379, AC $2.19 $95, W. Nielsen 2650 W. Nielsen Fresno, CA $3,064, AC $3.52 $153, E. Central Avenue 1777 E. Central Avenue Fresno, CA $642, AC $2.78 $121,132 - PRICE BLDG SF LOT SIZE PRICE/SF PRICE/AC CAP Totals/Averages $1,695, AC $2.94 $128, N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 13

4 DEMOGRAPHICS 295 N. Fruit Avenue Fresno, CA 93706 295 N.

14 4 DEMOGRAPHICS 295 N. Fruit Avenue Fresno, CA N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 14

15 Demographics Report 1 MILE 3 MILES 5 MILES Total population 9, , ,219 Median age Median age (male) Median age (female) MILE 3 MILES 5 MILES Total households 2,965 35,170 86,208 Total persons per HH Average HH income $38,586 $40,309 $45,099 Average house value $171,059 $204,460 $236,226 * Demographic data derived from 2010 US Census 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 15

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 9,497 110,378 278,219 Median age 29.9 29.3 29.1 Median age (Male) 29.8 28.7 28.2 Median age (Female) 30.2 30.3 30.

16 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 9, , ,219 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 2,965 35,170 86,208 # of persons per HH Average HH income $38,586 $40,309 $45,099 Average house value $171,059 $204,460 $236,226 * Demographic data derived from 2010 US Census 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 16

5 ADVISOR BIOS 295 N. Fruit Avenue Fresno, CA 93706 295 N.

17 5 ADVISOR BIOS 295 N. Fruit Avenue Fresno, CA N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 17

Advisor Bio & Contact 1 MARK MIMMS BRE#00634344 Managing Director PROFESSIONAL BACKGROUND Serving as Managing Director and Investment Property Specialist for SVN International in the Fresno market,

18 Advisor Bio & Contact 1 MARK MIMMS BRE# Managing Director PROFESSIONAL BACKGROUND Serving as Managing Director and Investment Property Specialist for SVN International in the Fresno market, Mark Mimms brings over 35 years of experience to the SVN Team. Mimms has closed over $1 Billion in properties, and serves as an expert in the large projects division. Mimms entered the commercial real estate business in 1977 and served as president and owner of his own commercial real estate brokerage company until he joined SVN in the year A veteran in the industry, Mimms has been involved in a variety of large transactions in many jurisdictions including the sale of apartments, industrial buildings, office buildings, retail buildings, motels and land throughout the State of California. Mark's client's investment needs and desires have taken him to areas outside of the Fresno marketplace. Mimms has closed projects in Los Angeles, Beverly Hills, California, Hollywood, California, Sacramento, California, Baton Rouge, Louisiana, Lugoff, South Carolina, Charlotte, North Carolina, Dayton Ohio, Detroit, and most recently Grand Rapids, Michigan West Shaw Avenue, Suite 132 Fresno, CA T C mimms@svn.com CalDRE # Mimms received his bachelor's degree in Criminology and Law Enforcement and a minor in real estate from the Fresno State University. Key Accomplishments: Achiever Award 2015 Partner Circle Award 2014 Partner Circle Award 2013 Top Earner West Region Award 2007 Partner Circle Award 2007 Achiever's Award 2006 Partner Circle Award Club Award 2005 Partner Circle Award 2004 Partner Circle Award 2003 Largest Deal Award 2002 Partner Circle Award 2002 Pacesetter Award 2001 Achiever Award 2001 EDUCATION Bachelors of Degree in Criminology Law Enforcement from California State University of Fresno. MEMBERSHIPS & AFFILIATIONS Christian Business Men's Committee Certified Real Estate Appraisers Member if ICSC 295 N. FRUIT FOR SALE OR JOINT VENTURE 295 N. FRUIT AVENUE, FRESNO, CA SVN M J M and Associates Inc. Page 18

VALERO CONVENIENCE STORE WITH GAS ON LONG TERM GROUND LEASE PROPERTY HIGHLIGHTS. Gasoline Station With Four Dispensers.

FOR SALE RETAIL VALERO CONVENIENCE STORE WITH GAS ON LONG TERM GROUND LEASE 1502 East Yosemite Avenue Madera, CA 93638 PRESENTED BY: MARK MIMMS Managing Director 559.222.9909 mimms@svn.com CALDRE #00634344