Description
Two-tenant retail investment opportunity located at 444 E Olive Ave in Fresno. The property consists of approximately 3,444 square feetand is occupied by two established tenants: a laundromat and a pizza restaurant. Asking price is $1,275,000. Based on seller-providedestimated NOI of $76,601, the offering reflects an approximate 6.01% cap rate. The property also reflects an approximate 8.11% grossscheduled income yield based on total annual gross billings. Current lease structure includes base rent plus NNN reimbursements,existing 3% yearly rent raises, and tenant reimbursement obligations. Seller is currently negotiating updated long-term leasedocumentation with the existing tenants. The property benefits from a visible Olive Avenue location, established neighborhood traffic,and income from two separate tenants. Please contact listing agent for rent roll, operating statement, lease information, and duediligence materials. Buyer to verify all income, expenses, lease terms, square footage, zoning, permitted uses, taxes, and reimbursableexpense treatment
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
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3,444SQFT
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$370$/SQFT
School Ratings & Info
Description
Two-tenant retail investment opportunity located at 444 E Olive Ave in Fresno. The property consists of approximately 3,444 square feetand is occupied by two established tenants: a laundromat and a pizza restaurant. Asking price is $1,275,000. Based on seller-providedestimated NOI of $76,601, the offering reflects an approximate 6.01% cap rate. The property also reflects an approximate 8.11% grossscheduled income yield based on total annual gross billings. Current lease structure includes base rent plus NNN reimbursements,existing 3% yearly rent raises, and tenant reimbursement obligations. Seller is currently negotiating updated long-term leasedocumentation with the existing tenants. The property benefits from a visible Olive Avenue location, established neighborhood traffic,and income from two separate tenants. Please contact listing agent for rent roll, operating statement, lease information, and duediligence materials. Buyer to verify all income, expenses, lease terms, square footage, zoning, permitted uses, taxes, and reimbursableexpense treatment
© 2026 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2026-10-16T23:46:36.353.