Faris Lee Investments Facilitates $5.3 Million Sale Of Retail Property Leased To The Learning Experience

A newly built, single-tenant retail property located at 7055 North Blythe Avenue in Fresno has been sold for $5,300,000. The asset spans 9,990 square feet and is situated on 1.07 acres. The property serves as a long-term lease site for The Learning Experience daycare under a 20-year net lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,300,000
• Asset Size: 9,990 SF
• Price Per Square Foot: $531
• Address: 7055 North Blythe Avenue
• Market: Fresno
• Acres: 1.07

The transaction was facilitated by Faris Lee Investments, with Scott DeYoung, Jeff Conover, and Greg Lukosky representing the involved parties. The identities of the buyer and seller have not been disclosed.