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2310 W Cleveland Ave

Madera, CA 93637

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$1,500,000

963 sq ft

2310 W Cleveland Ave

Madera, CA 93637

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Listed On: 04/01/2025
Status: Active
Listing Number: PW25069331 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.661.6100 Email Agent
Property Description
Listing Agent: Jae Jung, Coldwell Banker Best Realty
Listing Co-Agent: Kyungae Yoon, Coldwell Banker Best Realty

 Coldwell Banker Best Realty is pleased to present an Absolute Net Leased Rally's restaurant located at 2310 W Cleveland Ave., Madera, California. This location has been successfully operating since 2013 and has eight years remaining on the lease, which originally commenced that same year. The tenant is a well-established, family-owned franchisee with over 30 years of experience, operating 11 Rally's locations. The lease includes three (3) five-year option periods, with 10% rental increases every five years. Strategically positioned near the intersection of Cleveland Ave. and N. Schnoor Ave., the property is just 0.5 miles from the California 99 Freeway. It is located in the central retail hub of Madera, surrounded by national credit tenants such as McDonald's, Taco Bell, Food 4 Less, Lowe's, Walmart, Walgreens, Dollar Tree, Office Depot, and Petco.
Property Type
Commercial Sale
Property Sub Type
Retail
Year Built
1992
Special Listing Conditions
Standard
Stories Total
1
Entry Level
1
Building Status
Existing
Price Per Square Foot
$1,558
Days On Market
280
County Or Parish
Madera
Directions
Single Tenant Retail
Laundry Features
None
Water Source
None
Condo Area Units
Square Feet
Land Use
Retail
Common Interest
None
Parcel Number
006390019
Additional Parcels Y/N
No
Net Operating Income
64701.00
Accounting Type
Actual
Net Operating Income
64701.00
Tax Annual Amount
13085.88

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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