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2344 N Cedar Ave, Fresno, CA, 93703

7 ELEVEN
$2,616,221

Key Information

Cap Rate
6%
Tot. SF
3,760
Year Built
1986/R 2019
Term Remaining
±9.36 YRS
Type
Retail

Highlights

  • National credit tenant – This store is leased to 7-Eleven, Inc., the world’s largest convenience store operator with over 13,000 locations domestically and 83,000 locations globally.
  • High-visibility corner location – Positioned on a hard corner of the signalized intersection of N Cedar Ave and E Clinton Ave, the property benefits from strong visibility and consistent traffic counts of nearly ±39,300 vehicles per day, on average.
  • Strong daytime population drivers – This property is located directly across the street from McLane High School (±2,000 students), and minutes down the road from the Fresno Community Regional Medical Center (±4,000 employees, 685 beds). These properties drive consistent foot traffic and sustained demand for convenience retail.
  • Compelling demographics – The ±5-mile radius surrounding the property is home to over 417,824 residents, supporting healthy retail demand and ensuring stable consumer traffic for the tenant.
  • Proven operating history – This property has operated as a convenience store for over 30 years, underscoring the strength of the location and its suitability for convenience operators.
  • Recent infrastructure investment – Located near the newly completed Cedar Viaduct, a 3,700-foot high-speed rail bridge finalized in 2023. This major infrastructure project improves connectivity and visibility along Fresno’s primary retail corridor, supporting long-term growth and reinforcing the property’s strategic location.
  • High traffic visibility – Situated near State Route 168 with over ±102,000 vehicles per day passing by N Cedar Ave, providing strong exposure and steady consumer flow to the surrounding retail corridor.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245