Downtown Fresno Retail
For Sale
Contact for pricing
1101 Fresno St, Fresno, CA
Retail property with high visibility in Downtown Fresno.
Property Size16,708 SF
Lot Size7.11 Acres
Price / SF$233.42
Days on Market323
Property Features for 1101 Fresno St
General Information
Standard status
Active
Size
16,708 SF
Lot size
7.11 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Fresno
(559) 221-1271
Listed By:
Ted Fellner · License #00977465
(559) 269-6753
Source:
Moodyscre
Added: Oct 27, 2025
Changed: Jul 6
Last Checked: Sep 13 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Fresno
Investment Insights
Based on property information with market context.
This retail property is located at a hard-corner signalized intersection, offering high visibility and central Downtown Fresno access. The property features significant frontage and multiple points of ingress and egress. It provides convenient access to Highway 99 on and off ramps, facilitating quick regional connectivity. The property size is 16,708 square feet.
Key Highlights
- Hard‑corner signalized intersection with high visibility
- Convenient access to Highway 99 on/off ramps
- Central Downtown Fresno access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$195,784
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,915,680
$3.9M
Cap Rate 7%
$2,796,914
$2.8M
Cap Rate 9%
$2,175,378
$2.2M
Market Conditions
NOI Build-Up for 16,708 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$300.7K $18.00/SF
− Vacancy
−$21.1K −$1.26/SF
EGI
$279.7K $16.74/SF
− OpEx
−$83.9K −$5.02/SF
NOI
$195.8K $11.72/SF
Area
Fresno, CA
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,915,680
Cap Rate 7%
$2,796,914
Cap Rate 9%
$2,175,378
Alternative Uses
Best Use
Retail
$2.80M
$2.45M – $3.26M
NOI $195,784 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.92M
$4.31M – $5.74M
NOI $344,653 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
136k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 36%
Shops & Services 21%
Home Improvements & Furnishings 2%
FoodMaxx
Groceries
37,943 visits/mo
0.1 miles
ARCO
Shops & Services
15,489 visits/mo
0.1 miles
Restaurant Depot
Groceries
11,254 visits/mo
0.4 miles
Panda Express
Dining
10,965 visits/mo
0.1 miles
Burger King
Dining
10,942 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with high visibility in Downtown Fresno.
Where is this storefront property located?
The property is located at 1101 Fresno St Fresno, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Hard‑corner signalized intersection with high visibility; Convenient access to Highway 99 on/off ramps; Central Downtown Fresno access
