Village Walk | Multi-Tenant Investment Opportunity
$7,899,000
6350-6370 North Figarden Drive, Fresno, CA 93722
For Sale
Retail
Unknown Sub Type
Active
Last Updated: 03/12/2025
503,795
NOI
6.38
Pro Forma Cap Rate
Details:
NOI: $503,795
Pro Forma Cap Rate : 6.38%
Building Size: 30,181 sqft
Lot Area: 2.98 acres
Year Built: 2008
Price Per Sqft: $259
Highlights:
- PRIME LOCATION - Situated in the high-demand Fig Garden Loop, the center benefits from proximity to both established neighborhoods and ongoing residential developments, including new single-family homes and apartment communities. The Fig Garden Loop is known for its strong demographics, featuring a mix of affluent homeowners and young professionals. The area has experienced significant residential growth, with newly constructed homes and modern apartment communities attracting a high-income resident base.
- STRONG TENANT MIX - Anchored by the Iron Office Gym, the center also features well-established service tenants such as Tiger’s Den karate studio, Culture Barbershop, and Stars Dance Studio, ensuring consistent foot traffic and local patronage.
- AMPLE PARKING & ACCESSIBILITY - The site includes over 140 parking stalls and five convenient ingress/egress points, enhancing accessibility and customer convenience.
- HIGH-TRAFFIC AREA - The property shares the shopping center with nationally recognized retailers Dollar Tree (NAP) and AutoZone (NAP), benefiting from strong co-tenancy and increased consumer draw.
- ROBUST DEMOGRAPHICS - The Fig Garden Loop boasts a growing population with strong median household incomes and a high percentage of homeownership. The surrounding residential developments include newly built homes and modern apartment complexes, catering to both families and young professionals who seek convenient retail and service options.
Description:
The Village Walk Shopping Center presents a compelling investment opportunity in northwest Fresno’s thriving Fig Garden Loop. This well-positioned 30,181 square foot retail property, located at 6350-6370 N Figarden Dr., offers a stable tenant mix and strong market fundamentals within an established and growing residential community.
Documents:
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Offering Memorandum
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