California Gold Development Corp Sells Retail Pad In Fresno For $4.6M With Sean Cox And Bill Asher As Seller's Reps
6770 North Brawley Avenue
$4,600,000
$652/SF
Building Size
7,052 SF
Asset Type
Retail
Closing
Aug 4, 2025
AI
The retail property located at 6770 North Brawley Avenue in Fresno encompasses a total area of 7,052 square feet and has a sale price of $4,600,000, translating to a price per square foot of $652. The asset is anchored by Dutch Bros Coffee and is fully leased to five tenants, contributing to its commercial viability.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,600,000
- Address: 6770 North Brawley Avenue
- Market: Fresno
- Square Footage: 7,052
- Price Per Square Foot: $652
- Seller: Scot Patterson - California Gold Development Corp
- Buyer's Representative: Vicky Casey - Casey & Associates
- Seller's Representatives: Sean Cox & Bill Asher - Hanley Investment Group
Hanley Investment Group facilitated the transaction, representing the seller, California Gold Development Corp. The property was sold to a private investor based in Visalia, with Vicky Casey acting as the representative for the buyer in this deal.
Players
Fresno Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93