Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A RadNet Imaging Center in Fresno has traded hands for $418 per square foot, making it the highest price per square foot sale in Central California over the past 22 months. The sales price equates to a 6.3% cap rate.

Located at 6191 N Thesta St. in Fresno, the property is a freestanding imaging facility leased by RadNet Imaging, the largest imaging operator in the country. RadNet Imaging operates 323 locations across the country and has a current market cap of $661M. The facility, which was built in 1986, consists of 14,470 square feet and has a 4.5-year lease term remaining on it.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.