100% Leased Freestanding Building w/Quality Tenants

1241 E Shaw Ave, Fresno, CA

$1.35/sqft/mo

Price

6.75%

Cap Rate

$24,633.50

NOI

Overview
Cap Rate
6.75%
NOI
$24,633.50
Building Size
5,200 sqft
Lot Area
0.31 acres
Class
A
Units
1
Year Built
1975
Parking Spots
30
Description

±2,500 SF of professional office space located off Shaw Ave in Fresno, CA. Suite A consists of ±2,500 SF and has a large bullpen area, 3 private offices, 2 large conference rooms, storage closet, breakroom, 2 restrooms and is separately metered. High-traffic intersection near Shaw Ave retail corridor with many national and local retailers in close proximity. On site private parking lot (plus street) for various uses (ie. attorney practice, medical uses, professional office, and more). Easy access, abundant parking, and direct signage/exposure to Shaw Ave.

Attractive building perfectly positioned to offer easy access, strong demographics and traffic generators. Located off of Shaw Ave just East of CA-41, West of Cedar Ave, North of Gettysburg Ave and South of Barstow Ave. The property is located just East of Fashion Fair Mall and West of Fresno State University. 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 on Shaw Avenue and great population density. Surrounded by neighboring national tenants include Chick-fil-A, Denny's. McDonald's, Starbucks and many more!

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
2 Spaces Available

Suite ABuilding

Available:
Immediately
Sublease:
No
SQFT
2,500
Lease Rate:
$1.35/sqft/mo
Lease Type:
Gross

Suite BBuilding

Available:
Immediately
Sublease:
No
SQFT
2,700
Lease Rate:
$1.35/sqft/mo
Lease Type:
Gross
Documents

Location
Gallery