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Stock Five Development, Inc Sells 3720 Avenue 17 Retail Property For $12.18M In Madera, CA

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SOLD
$12,180,000

California

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Retail
Sold 05/11/2026
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Property Image
SOLD

Stock Five Development, Inc Sells 3720 Avenue 17 Retail Property For $12.18M In Madera, CA

3720 Avenue 17

See Similar Deals
Retail
Sold 05/11/2026
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Summary

CALIFORNIA
Asset Type:Retail
Transaction Type:Sale

Players

Bill Asher
90 deals$653.6M volume
BROKER

Dev Patel
Kidder Mathews
2 deals$23.2M volume
BROKER

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

SELLER

Details

SOLD
IMAGE: Dev Patel, Sean Cox & Bill Asher DATE: 05/11/2026 ADDRESS: 3720 Avenue 17 MARKET: Madera, CA ASSET TYPE: Retail SELLER: Stock Five Development, Inc BUYER'S REP: Dev Patel - Kidder Mathews (@Kidder.Mathews) SELLER'S REP: Sean Cox (@SeannCox) & Bill Asher - Hanley Investment Group (@HanleyInvestmentGroup) SALE PRICE: $12,180,000 NOTE: Hanley Investment Group brokered the $12.18 million sale of a newly built single-tenant 7-Eleven with gas station and commercial fueling lanes in Madera, California, marking the first standalone asset of its kind for the brand in the state.The property at 3720 Avenue 17 was sold by developer Stock Five Development and purchased by a Bay Area private investor, with Kidder Mathews representing the buyer in the off-market 1031 exchange deal.

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

$649,600.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$43,272.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$57,739.41
Annual Debt Service$692,872.97