- For Sale $1,470,000
- Property Type Retail - Street Retail
- Property Size 963 SF
- Lot Size 0.38 Acre
- Property Tenancy Single Tenant
- Year Built 1992
- Date Updated Mar 19, 2026
Description
Prime Retail Location – Well-maintained property situated in the heart of Madera’s retail corridor.
Frontage - 84' on Cleveland Ave.For Sale Price $1,470,000Absolute Triple Net Lease (NNN) with Zero Landlord Responsibilities
Built-in Rental Growth – Tenant responsible for a 2% rent increase every year
Lease: From 9/30/2014 to 9/29/2033 : 20 years
Option: 5years - 3 times
From 10/01/2026 2% Rent Increase every year
Rent: $5,700 / Mo till 9/30/2026
: $68,400 / Yr /$1,470,000 = 0.0465 (Cap Rate)
: $5,814 / Mo till 9/30/2026
: $69,768 / Yr / $1,470,000 = 0.0476 (Cap Rate)
Highlights
- Prime Retail Location – Well-maintained property situated in the heart of Madera’s retail corridor.
- Strong National & Regional Co-Tenancy – Surrounded by major retailers, including Super 8 Theaters, Taco Bell, Food 4 Less, Office Depot, McDonald's.
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Contacts
David Park
DAUM Commercial Real Estate Services
Location
Located at 2310 West Cleveland Avenue, Madera, CA 93637, this property is part of the Northwest Madera neighborhood and Central Valley market.
Contact Listing Broker
David Park
DAUM Commercial Real Estate Services
