Description

We are offering 7090 North Blackstone Avenue in Fresno, California, for sale at an asking price of $3,995,000. The property is a fully leased retail investment with approximately 3,400 square feet of gross leasable area, built in 2008, on a lot of approximately 13,320 square feet in the City of Fresno's CMX (Corridor/Center Mixed Use) zone, Assessor's Parcel Number 303-164-02.

T-Mobile has occupied the site since 2008 and operates it in the company's Experience Store format. The tenant has signed a new triple-net lease that commences July 1, 2026 and runs through June 30, 2032, with two five-year renewal options. Rent steps up by 10 percent at each option term, and there are no landlord obligations. Property taxes, insurance, common area maintenance and utilities are all structured as absolute NNN. A second lease, to Noble Credit Union, runs through November 30, 2026.

The building fronts Blackstone Avenue, one of Fresno's most heavily traveled commercial corridors, near its intersection with Herndon Avenue. Traffic counts are approximately 75,216 cars per day on Herndon Avenue and 34,921 cars per day on Blackstone Avenue. River Park Shopping Center, Villaggio Shopping Center, Home Depot and Costco are all nearby, which keeps steady shopper activity in the immediate area.

We see this as a strong fit for an investor looking for a long-term national tenant in an established north Fresno retail location. Financing is available. Contact Amir Dehlan and Brett Todd at Fortune Associates for the full offering memorandum, lease details and a tour of the site.