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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

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SOLD
$4,600,000

California

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Retail7,052 SF
Sold 08/04/2025
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Property Image
SOLD

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

See Similar Deals
Retail7,052 SF
Sold 08/04/2025
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$652
Total Square Footage:7,052 SF
Transaction Type:Sale

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
90 deals$653.6M volume
BROKER

Sean Cox
Hanley Investment Group
24 deals$266M volume(949) 585-7648
BROKER

Vicky Casey
2 deals$9.2M volume(559) 799-2514
BROKER

Hanley Investment Group
BROKERAGE

Details

SOLD
IMAGE: Scot Patterson, Vicky Casey, Sean Cox & Bill Asher DATE: 08/04/2025 ADDRESS: 6770 North Brawley Avenue MARKET: Fresno ASSET TYPE: Retail SELLER: Scot Patterson - California Gold Development Corp BUYER'S REP: Vicky Casey - Casey & Associates SELLER'S REP: Sean Cox (@SeannCox) & Bill Asher - Hanley Investment Group (@HanleyInvestmentGroup) SALE PRICE: $4,600,000 SF: 7,052 ~ PPSF: $652 NOTE: Hanley Investment Group arranged the $4.6M sale of a 7,052-sf retail pad in Fresno anchored by Dutch Bros Coffee and fully leased to five tenants. California Gold Development Corp. sold the property to a Visalia-based private investor, with Sean Cox and Bill Asher representing the seller and Vicky Casey repping the buyer.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$16,342.84
Cash-on-Cash Return-1.27%
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