100% Leased Investment: 6 Remodeled General/Professional Suites
$1.10 to $1.15/sqft/mo
2377 W Shaw Ave, Fresno, CA 93711
7.82
Cap Rate
60,567.14
NOI
Details:
Highlights:
- Freestanding Building: No "Shared" Walls or Roof
- (6) Separate APN's Totaling ±7,510 SF on ±0.23 Acres
- Rent Growth Of Under-Market Remaining Units
- Portfolio of (6) APN's/Condo Spaces | Investment Opportunity
- 7.58% Cap & 10.47% Cash-on-Cash Return After Stabilized
- Long-Term Tenants | Low Turnover | Low Maintenance
- Quality Construction | Well Maintained | Economical Spaces
- Cash Cow To Produce $81,976.18 In Rents
- Long Term Tenants w/ Upside Potential Via Leasing
- Functional Hard To Find Spaces | Easy To Rent
- Easy Access | Separate Suites | Multiple Configurations
- Building Equipped w/ Separate HVAC's & Meters
- Excellent SBA Loan Candidate w/ Built In Passive Income
- Low Maintenance, New Flooring & Paint, and Economical Spaces
- Well-Known Freestanding Office Building @ Corner Location
Description:
±1,036 SF - ±1,041 SF of second floor professional or general office space. Suite #206 features wide open entry area, secretary space, (3) private offices, (2) private restrooms that are divided into a men's and woman's, and ample storage space including a storage room and closet. All units have access to nice restrooms, signage, and abundant parking. Suite #202 features an open entry area on the 1st floor with (2) private offices and a file storage room. Both spaces are perfect for a variety of businesses including law, accounting insurance firms, real estate, marketing, among many others.
Attractive freestanding office building located within the manicured grounds and lush landscaped Shaw Court Office Complex just north of W Fairmont Avenue, east of N Hughes Avenue, south of W Shaw Avenue and west of N Sequoia Avenue in northwest Fresno. The property is directly in between CA-99 & CA-44 on busy W Shaw Ave providing great access and visibility. The surrounding area is filled with quality tenants including Wells Fargo Bank, The Home Depot, Target, PetSmart, Outback Steakhouse, Sizzler, Planet Fitness, Taco Bell, Dutch Bros, T.J. Maxx, Chase Bank, and many others.
Fresno is a city in the San Joaquin Valley of California, United States. It is the county seat of Fresno County and the largest city in the greater Central Valley region, as well as the most populated city in Central California. It covers about 114.7 square miles and had a population of 542,107 as of the 2020 census, making it the fifth-most populous city in California, the most populous inland city in California, and the 34th-most populous city in the nation.
2 Spaces Available
Suite 206 Unknown Sub Type
Wide open entry area, secretary space, (3) private offices, (2) private restrooms that are divided into a men's and woman's, and ample storage space including a storage room and closet.
Suite 202 Unknown Sub Type
Features an open entry area on the 1st floor with (2) private offices and a file storage room.
Documents:
| Title | ||
|---|---|---|
| 2377 W Shaw Ave, Fresno, CA 93711 Lease Flyer | ||
| Link to Virtual Tour |
Location
Gallery