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FOR SALEPalm BluffsSingle TenantInvestmentOpportunity
970 W. ALLUVIAL AVENUEFRESNO, CALIFORNIA
BRIAN DECKERSenior Vice President | Principal559 256 [email protected] No. 01029450
COLLIERS INTERNATIONAL7485 N. Palm Avenue, #110Fresno, California 93711559 221 1271www.colliers.com/fresno
970 West Alluvial, located in the prestigious Palm Bluffs Area, is a single tenant investment op-portunity leased to the Moss Adams Accountancy Firm
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970 W. Alluvial | Fresno, California
TABLE OF CONTENTS4 Executive Summary8 Property Photos
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EXECUTIVESUMMARY
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EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITYColliers International is pleased to present this unique investment opportunity, exclusively representing the Owners in the sale of this 12,744 square foot, Class “A” Office Building.
970 W. Alluvial is leased to Moss Adams, LLP, a national account-ing firm with over 2,900 professionals and staff across more than 25 locations in 8 states.
The building, built in 2004, is leased to Moss Adams, LLP on a long-term, triple net lease that has an end date of May 31, 2024.
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EXECUTIVE SUMMARY
PROPERTY DETAILS
PROPERTY SUMMARY
Address 970 W. Alluvial Avenue, Fresno, CA 93711
Building Size Approximately 12,744 square feet
Parcel Size 1.27 acres
Year Built 2004
Purchase Price $4,100,000.00
LEASE SUMMARY
Tenant Moss Adams, LLP
Lease Expiration May 31, 2024
Remaining Lease Term 5 years
Lease Structure NNN
Rent /SF $1.90 per square foot, per month
Current NOI $290,563
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EXECUTIVE SUMMARY
TENANT OVERVIEWFounded 105 years ago, Moss Adams, LLP is a fully integrated professional services firm with over 25 offices in 8 states.
Moss Adams provides a variety of services and specialties, serving clients in the agriculture, construction, manufacturing, health care and food and beverage processing industries, just to name a few. These services and specialties include audit tax, consulting, valuation, litiga-tion support, estate planning, employee benefits plans, and other value-added services.
The professionals and staff of Moss Adams have been, and continue to be, an integral part of their community, participating in many philan-thropic and community events.
For further information on Moss Adams, visit www.mossadams.com
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PROPERTYPHOTOS
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PROPERTY PHOTOS970 W. Alluvial was constructed in 2004 and features Class “A” construction and above standard tenant improvements. It is one of the premier buildings in the Palm Bluffs Corporate Center.
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PROPERTY PHOTOSThe Building is located in the Palm Bluffs Corporate Center, a 236 acre master planned development in Northwest Fresno. Palm Bluffs has proven to be the premier destination for may of Fresno’s elite corporate and professional firms, offering all amenities and necessary services conveniently nearby.
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PROPERTY PHOTOS
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THIS DOCUMENT HAS BEEN PREPARED BY COLLIERS INTERNATION-AL FOR ADVERTISING AND GENERAL INFORMATION ONLY. COLLIERS INTERNATIONAL MAKES NO GUARANTEES, REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESSED OR IMPLIED, REGARDING THE INFORMATION INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF CON-TENT, ACCURACY AND RELIABILITY. ANY INTERESTED PARTY SHOULD UNDERTAKE THEIR OWN INQUIRIES AS TO THE ACCURACY OF THE IN-FORMATION. COLLIERS INTERNATIONAL EXCLUDES UNEQUIVOCALLY ALL INFERRED OR IMPLIED TERMS, CONDITIONS AND WARRANTIES ARISING OUT OF THIS DOCUMENT AND EXCLUDES ALL LIABILITY FOR LOSS AND DAMAGES ARISING THERE FROM. THIS PUBLICATION IS THE COPYRIGHTED PROPERTY OF COLLIERS INTERNATIONAL AND/OR ITS LICENSOR(S). ©2019. ALL RIGHTS RESERVED.
BRIAN DECKERSenior Vice President | Principal559 256 [email protected] No. 01029450
COLLIERS INTERNATIONAL7485 N. Palm Avenue, #110Fresno, California 93711559 221 1271www.colliers.com/fresno
