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100% Leased Freestanding Building w/Quality Tenants

$1.35 to $1.50/sqft/mo

1221 Van Ness Ave, Fresno, CA 93721

Active
Last Updated: 03/27/2025

6.75

Cap Rate

24,633.5

NOI

Details:
Cap Rate:    6.75%
NOI:    $24,633.50
Building Size:    47,040 sqft
Lot Area:    0.49 acres
Class:    A
Units:    11
Year Built:    1967
Parking Spots:    30
Highlights:
  • Long Term Tenants In Place With Existing Occupancy.
  • 1 Block off Blackstone Ave, North of Shields Ave
  • Investment Opportunity: Leased Freestanding Office Building
  • 100% Leased w/ Long-Term Leases Through 2022
  • Easy Lease-able Units w/ Low Vacancy Turnover
  • Newer Roof, HVAC's, Asphalt, Hard Surface Floor, & Paint!
  • Well-Known Freestanding Office Building @ Entrance
  • Private Offices, Conference Room, Reception Areas
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Convenient Location Between CA-99 and CA-41
  • Busy & Established Retail Corridor w/ Access to Manchester
  • Close Proximity to Major Traffic Generators (Blackstone Ave)
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • Against Newly Upgraded Shields Avenue w/ Bus Stop Access
  • Nearby Manchester Center & Blackstone Retailers
  • Economical Space Available | Fresh Paint & Flooring
Description:

±313 to ±7,162 SF of "Class A" office suites consisting of various contiguous spaces. Each unit has access to common area restrooms located on each floor. High-traffic intersection near Fulton St retail corridor with many national and local retailers in close proximity. On site private parking lot (plus street) for various uses (i.e. attorney practice, medical uses, professional office, and more). Easy access, abundant parking, and direct signage/exposure.

Attractive building perfectly positioned to offer easy access, strong demographics and traffic generators. Located off the corner of Fresno St & Van Ness Ave just East of CA-99, West of CA-41, North of Tulare St and South of CA-180. Nearby CA-41 Freeway, State Highway 99, 168 and 180 connect to all parts of central California. Surrounded by many national and regional retailers, and boast high traffic counts in Downtown Fresno and great population density. Professional manicured grounds and surrounded by neighboring national tenants include Starbucks, Denny's, Wells Fargo, Union Bank, West America Bank, CitiBank, DiCiccos, United Security Bank, Cosmopolitan Italian Grill, Cherry Blossom Cafe, Central Valley Community Bank, Mediterranean Grill & Cafe, DD's Discounts, Cornerstone Coffee Company, Rare Earth Coffee, The Revue, Coffee Time, Toledito's Méxican Restaurant, Fulton Street Coffee, Triple A Burger, Security Bank, Los Panchos Mexican Restaurant and Cantina, La Torta, and many others!

Map:
18 Spaces Available

TI's Available: #300 Building

Available:
Immediately
Sublease:
No
SQFT
1,736
Lease Type:
Gross

Consists of a waiting room/reception area & (4) private offices w/ kitchen area.

TI's Available: #302 Building

Available:
Immediately
Sublease:
No
SQFT
1,297
Lease Type:
Gross

Consists of waiting room/reception area and (3) private offices

Move In Ready: #303-305 Building

Available:
Immediately
Sublease:
No
SQFT
914
Lease Type:
Gross

Fully Remodeled & move in ready space consists of a reception area/waiting room and (2) private offices.

Suite 307 Building

Available:
Immediately
Sublease:
No
SQFT
271
Lease Type:
Gross

Large open area

Suite 407 Building

Available:
Immediately
Sublease:
No
SQFT
455
Lease Type:
Gross

Consist of a waiting room/receptionist area and (1) private office.

TI's Available: #450 Building

Available:
Immediately
Sublease:
No
SQFT
1,215
Lease Type:
Gross

Corner office that consists of a reception/waiting room, (1) private office and a large open area.

Move In Ready: #500 Building

Available:
Immediately
Sublease:
No
SQFT
1,237
Lease Type:
Gross

Corner office that consists of (3) private offices, reception area & carpet throughout.

TI's Available: #501 Building

Available:
Immediately
Sublease:
No
SQFT
1,565
Lease Type:
Gross

Consists of (2) private offices, reception area, & a breakroom w/ sink.

TI's Available: #515 Building

Available:
Immediately
Sublease:
No
SQFT
429
Lease Type:
Gross

Move In Ready: #304 Building

Available:
Immediately
Sublease:
No
SQFT
575
Lease Type:
Gross

(4) offices w/ brand new flooring & paint.

Move In Ready: #409 Building

Available:
Immediately
Sublease:
No
SQFT
639
Lease Type:
Gross

Consists of open waiting area & (1) private office.

TI's Available: #511 Building

Available:
Immediately
Sublease:
No
SQFT
1,305
Lease Type:
Gross

Consists of (2) private offices & reception area w/ storage room.

TI's Available: #407 Building

Available:
Immediately
Sublease:
No
SQFT
455
Lease Type:
Gross

Consists of an open office area.

TI's Available: #550 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
2,626

TI's Available: #600 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
4,062

TI's Available: #650 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
3,100

Suite 408 Building

Available:
Immediately
Sublease:
No
SQFT
757
Lease Type:
Gross

Consists of open waiting room/receptionist area and (2) private offices.

TI's Available: 402, 402 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
230

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