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6770 North Brawley Avenue

California Gold Development Corp Sells Retail Pad In Fresno For $4.6M With Sean Cox And Bill Asher As Seller's Reps
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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

Bill Asher

Hanley Investment Group

Broker

$653.6M

vol

90 deals

Broker
Hanley Investment Group
Hanley Investment Group Brokerage

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