100% Leased Freestanding Retail Storefront

820 E Shields Ave, Fresno, CA

$0.65/sqft/mo

Price

10.19%

Cap Rate

$76,310

NOI

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Map
Overview
Cap Rate
10.19%
NOI
$76,310
Building Size
16,280 sqft
Lot Area
1.15 acres
Occupancy
100%
Units
2
Parking Spots
121
Description

Highly visible ±5,000 SF open retail storefront with rear warehouse/storage and upstairs offices in a highly traveled area. Features a functional floor plan with excellent signage. Space has HVAC throughout, 1 side 12’ X 12’ rollup door in rear storage room, open warehouse space with 14’ clear height, upgraded 400 Amps separately metered power, evaporative cooler, and a rear truck unloading dock. Property benefits from the high foot traffic of the next-door Thrift Center with a convenient, large private parking lot. Easy access to Highway 41 on/off ramps. 121 parking spaces and excellent existing signage. `1The front of the building is fully fenced and offers easy vehicle access to each unit, plus 10 front parking stalls. Ample 220 power plugs available (previous use had various machines).

Freestanding building Strategically located off CA-41 and E Shields Ave. Location is at the intersection of E Shields Ave & N Maroa Ave. Just North of E Clinton Ave, East of N Wishon Ave, West of N College Ave and South of E Shields Ave. Centrally located to all major freeways. Many national tenants in the area including Starbucks, McDonald's, Denny's, Panda Express, Dollar Tree and many more!!

Highlights
  • Investment Opportunity: Freestanding Retail Building
  • Busy & Established Retail Corridor w/ ±51,221 Cars Per Day
  • Close Proximity to Major Traffic Generators & Fwy 41 Ramps
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • ±16,280 SF Total: Thrift Store and Church on Long Term Leases
  • Near ±763,021 SF Manchester Center - Ample Private Parking
  • Well-known Building ~ 231' Frontage on Shields ~ Seller-Carry
1 Space Available

820 E Shields AveFree Standing

Available:
Immediately
Sublease:
No
SQFT
5,000
Lease Rate:
$0.65/sqft/mo
Lease Type:
Gross

±5,000 SF Total: Open Floor Plan within Freestanding Building. Functional floor plan with excellent signage.

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