HIGHLIGHTS
- Offered at substantially below replacement cost
- Recently extended State of California leases providing long-term income stability through 2034
- Fresno’s largest shopping mall - Fashion Fair Mall sits 200 yards west of the Subject Property
- There are over 200 restaurants, several gas/car wash/mini marts, abundant retail services and grocery & drug stores within 5 minute drive
- The property is bordered by City of Fresno water ponding basins, which are kept full nearly year round and provide a nice, soothing “lake-like”feature
- Elevator
FOR SALE DETAILS
PRICE
$7,000,000 USD
PRICE/SF
$209 USD /SF
CAP RATE
6.91%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Storefront Retail/Office, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
46
LAND DETAILS
LAND ACRES
1.83 AC
LAND SF
79,715 SF
ZONING
CMX
APN/PARCEL ID
418-091-21,418-091-26
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559-284-1113
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559-284-1113
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