Medical Office Space in Excellent Condition For Sale Fresno

Highlights:

• Advertised Under New Construction Cost
• ±18,988 SF Class A Office Investment | (2) Buildings on ±1.82 Acres
• (7) Separate Suites | (5) Leased & (2) Available for Lease
• Existing Rental Income | Additional Income Potential Through Lease-Up
• Established Healthcare Tenants | Lease Terms Through 2036
• Remodeled Interiors w/ High-End Finishes | Updated Paint & Flooring
• Improved Office & Medical Suites | Multiple Configurations
• Private Offices, Reception Areas, Exam Rooms w/ Sinks & ADA Restrooms
• Elevated Corner Location w/ Milburn & Spruce Signage
• Parking on All Sides | ±5.21 Stalls per 1,000 SF
• Single-Story Buildings | Select Suites w/ Separate Rear Entrances
• Established Northwest Fresno Location Near Healthcare & Retail
• Convenient Herndon Ave Access | Near CA-99 & CA-41

Description:

Two freestanding, single-story Class A office buildings totaling ±18,988 SF on ±1.82 AC at the southeast corner of N Milburn Avenue and W Spruce Avenue in Northwest Fresno. The property consists of seven separately configured office suites ranging from ±1,200 to ±6,114 SF, with (5) leased suites totaling ±14,911 SF and (2) vacant suites totaling ±2,874 SF. Existing tenants include Rebound Physical Therapy, Silver Summit Medical Co., Optimal Medical, and Advanced Foot Care & Clinical Research Center, with lease expirations extending through 2029, 2032, and 2036, along with one month-to-month tenancy.

The buildings feature tile, glass, and stucco exterior finishes, updated interior improvements, and functional office configurations suitable for a variety of professional and healthcare-related uses. Existing improvements include reception and waiting areas, private offices, exam and treatment rooms, nurses' stations, built-in sinks, storage areas, and ADA restrooms. Select suites offer separate rear entrances, providing additional access for employees and operations. The individual suite configurations allow for multiple tenants within the two-building property while maintaining separate entrances and established interior improvements.

The property offers an investment with existing rental income and additional revenue potential through the lease-up of three vacant suites. The vacant spaces range from ±1,200 to ±2,874 SF and feature existing office and medical improvements, allowing prospective tenants to utilize established floor plans.

Parking is available on multiple sides of the buildings at a ratio of 5.21 stalls per 1,000 SF. The elevated corner location provides exposure along Milburn and Spruce Avenues, with convenient access to Herndon Avenue, surrounding medical and professional offices, retail centers, and nearby CA-99 and CA-41.

Class A medical office building located at the SEC of Milburn & Spruce Avenues in NW Fresno, CA. The site is in the most desired area of North Fresno, CA and surrounded by professional office users and Fortune 500 companies. The Office Complex is just West of N Blythe Ave, south of W Spruce Ave, East of N Milburn Ave, and North of W Herndon Ave. Prime location down the street from an appealing mix of over 200 restaurants, national, regional and local retailers including: Save Mart, Starbucks, Jack in the Box, Deli Delicious, Chase, GB3, CVS, & many more! Located within ±2 miles from Highway 99 & ±5 miles from Freeway 41. This location provides quick and easy access to south Fresno, Downtown, & Clovis, California.

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