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STNL INVESTMENT | $1,736,000 | 5.00% CAP609 W YOSEMITE AVE | MADERA, CA
MADERA, CALIFORNIA
7636 N Ingram AvenueSuite 103Fresno, CA 93711
CA Broker License 02047928visintainergroup.com
BRETT VISINTAINER, CCIMCommercial Investment AdvisorPrincipal, Visintainer Group
bre�@visintainergroup.com559.890.0320 OFFICE559.916.0370 MOBILECA Agent License 01792092
JOHN KOURAFASCommercial Investment AdvisorVisintainer Group
[email protected] OFFICE559.259.0254 MOBILECA Agent License 02089371
3EXECUTIVE SUMMARYInvestment Summary
6TENANT INFORMATIONTenant Profile
7LOCATION MAPArea Map
8AREA OVERVIEWDemographicsCity Overview
INVESTMENT SUMMARY
CAP RATE5.00%
$1,736,000TERMS
NOI$86,829
HIGH VISIBILITYHigh traffic count along Yosemite Ave with over 13,533 VPD
BRAND NEW CONSTRUCTIONThis location was a relocation site for Noble Credit Union
in Madera and built in 2018.
SF4,088
PSF$425
RENT ROLL
YEAR ANNUAL MONTHLY
MINIMAL LANDLORD RESPONSIBILITY Triple Net Lease structure allows for owner to have
minimal responsibilities.
2ND BEST CREDIT UNION IN CALIFORNIAForbes ranked Noble Credit Union as 2nd Best Credit Union in
California. Only Credit Union in Central Valley to be listed in top 10.
ESTABLISHED IN 1941Noble Credit Union has a long history in the Central Valley showing
stability in the area since 1941.
OPTION 1
June 1, 2018 – May 31, 2021 $86,829 $7,235 $1.77
June 1, 2021 – May 31, 2024 $89,280 $7,440 $1.82
June 1, 2024 – May 31, 2028 $90,744 $7,562 $1.85
June 1, 2028 – May 31, 2033 $90,753 $7,562 $1.85
MO. PSF
ANNUAL MONTHLY MO. PSF
ADDRESS609 W Yosemite AveMadera, CA 93637
APN010-081-012
TENANTNoble Credit Union
TOTAL BUILDING AREA4,088 SF
LEASE TERM10 Years
LEASE COMMENCEMENTJune 1, 2018
LEASE EXPIRATIONMay 31, 2028
LANDLORD RESPONSIBILITIESRoof & Structure
TENANT RESPONSIBILITIES
YEAR BUILT2018
PROPERTY DESCRIPTION
Noble Credit Union, established in 1941, is ranked as a Forbes Best-in-State Credit Union.
Forbes independent study, which was conducted by interviewing more than 25,000
Americans, scored financial institutions on overall recommendations and satisfaction, as well as
five subdimensions (trust, terms and conditions, branch services, digital services and financial
advice). The results placed Noble Credit Union as the second best credit union in the
entire state of California, and the only credit union in the Central Valley to be listed in
the top 10.
The Credit Union was created as Fresno County Employees Credit Union in 1941. The
Credit Union experienced tremendous success over the following seven decades, including
defining the organization to be known as the Credit Union that truly cares about each and
every member, as reflected in their member surveys. In the 1990's, they converted to a
Federally Chartered Credit Union and became Fresno County Federal Credit Union; in
2017, the Credit Union became Noble Credit Union.
1941FOUNDED
8NUMBER OFBRANCHES
99,000+MEMBERS CREDIT UNION
IN CALIFORNIA
2nd BEST
WEBSITE
noblecu.com
SUBJECT PROPERTY
MADERA HIGH SCHOOL
W YOSEMITE AVE (13,533 VPD)
OLIVE AVEHOWARD RD
GOLDEN STATE HIGHWAY
99
MADERA HIGH SCHOOL
1 MILE
DEMOGRAPHICS THREE MILE RADIUS FROM SUBJECT PROPERTY
TOTAL POPULATION
2019 16,660 62,207 76,745
HOUSEHOLDS (HH)
2019 4,410 15,645 19,274
MEDIAN AGE
2019 28.6 28.1 28.2
AVERAGE HH INCOME
2019 $52,107 $57,464 $58,567
2 MILES 3 MILES
1 MILE 2 MILES 3 MILES
1 MILE 2 MILES 3 MILES
1 MILE 2 MILES 3 MILES
1 MILE
2 MILE
3 MILE
MADERA | CALIFORNIALocated in the heart of California's Central Valley, Madera County
has a rich agricultural tradi�on which coexists with a growing industrialbase. As the southern entrance to Yosemite Na�onal Park,
Madera County is a region filled with outdoor adventures, winetas�ng, fishing, and historic museums.
Madera County popula�on exceeds 157,900 (2018).
Housing costs in the county are some of the mostdesirable in the State.
Madera’s rich heritage and diverse popula�on have helped transforma small town into a growing and thriving community.
Home to Valley Children’s Hospital, the largestchildren’s hospital between San Francisco to Los Angeles
and the 13th largest pediatric facility in the na�on.
There are over 100 manufacturing and processing plants in theMadera County area. Major produc�on concentra�ons are
wine, dairy products, glass bo�les, cardboard boxes, fiberglassinsula�on, food processing equipment, air cooling units and plas�c.
Some of the top employers in Madera County are:Chuckchansi Gold Resort & Casino
Madera Unified School DistrictState of California
Valley Children’s Hospital
Any information provided with this Offering Memorandum shall be considered strictly confidential at all times. As an express conditionof you receiving and reviewing this Offering Memorandum you agree to treat its contents confidential and to ensure that anyone youprovide this information, in whole or in part, agrees to keep the contents strictly confidential as well. We reserve the right to issueyou a recall notice, in which case you agree to return this information to us and to recover and transmit any copies you have furnishedto other parties, including prospective purchasers.
You also understand that the information in this Offering Memorandum is being provided in good faith and largely using informationprovided by our client or public resources, and that in no way do we verify or guarantee the ultimate accuracy of informationcontained herein, including without limitation: values of properties; square footage; zoning or land use; actual versus projected NOIfigures; the strength or intentions of any tenant; any condition of title; area tenants or tenant mixes; comparable sales; land bordersor boundaries; the existence or absence of any hazardous materials or substances; the topography or suitability of land for constructionor expansion; and/or the coverage, duties or limitations imposed by any CC&Rs, DDAs, REAs or otherwise.
You and your client’s due diligence (once in escrow) is the opportunity you have to complete a final verification of any informationyou determine is necessary for vetting the property or properties and you may not rely on information in this Offering Memorandum.
You also understand that this Offering Memorandum contains abbreviated or summary versions of key facts or data and are notintended to be comprehensive or all-inclusive list of information. No warranty or representation, expressed or implied, is made bythe owner, the agent, the broker of record or our company as to the accuracy of the information contained herein or any otherwritten or oral communications.
We expressly disclaim any liability connected with the information or other communications made in the course of listing, negotiating,escrow, closing or post-closing.
This Offering Memorandum is subject to modification, rescission, termination or withdrawal, with or without notice. It is not deemedto be an offer to sell any property. The property owner or owners shall have no legal commitment or obligation to any interestedparty reviewing this Offering Memorandum to accept an offer or respond to an offer.
DISCLAIMER AND DISCLOSURE AGREEMENT
7636 N Ingram AvenueSuite 103Fresno, CA 93711
visintainergroup.com