4771 West Ashlan Boulevard, Fresno, CA

Jake Zacuto, Craig Miller and Brad Stone of Stone-Miller have completed the sale of 4771 W. Ashlan in Fresno, CA for $5.19.  The subject property was leased to Walgreens on a long-term 24 year Absolute NNN lease.  The sale was completed on behalf of a 1031 exchange buyer looking to maximize its passive income and take advantage of deferring its capital gains.  Zacuto, Miller, & Stone completed an exhaustive search of NNN properties throughout the West Coast aimed at identifying the highest yielding investment properties backed by the longest credit tenant leases on the market.  The result lead to the identification of 4771 W. Ashlan and its phenomenal 6.65% Cap Rate secured for 24 years by one of the top credit rated tenants in the U.S.A.