Office Building with Flexible
1122 S Street Fresno, CA 93721
1122 S Street, Fresno, CA, 93721
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For Sale
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Multi-use office building for sale with a substantial footprint and flexible layout potential in a central downtown setting.
Property Size11,554 SF
Price / SF$259.22
Days on Market75
Property Features for 1122 S Street
General Information
- Standard status
- Active
- Size
- 11,554 SF
- Property subtype
- Office
Listing agency
Fortune Associates
(559) 256-2449
Listed by
Brett Todd · License #01912244
Source
Crexi
Added: May 8 Updated: Jul 20 at 5:24PM Checked: Jul 20 at 5:24PM
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 Fortune Associates
Investment Insights
Based on property information with market context.
This property is an office building with a substantial footprint and flexible layout potential, suited for a range of office, creative, or mixed-use applications. For sale as an owner-user or investment opportunity, the building is positioned to accommodate different occupancy and operating needs based on how the space is configured.
The property benefits from convenient access to major thoroughfares and public transportation, with a wide range of nearby amenities including dining, retail, and professional services. Its central location supports visibility and accessibility within Fresno’s growing business community.
Located at 1122 S Street, the asset is described as well-suited for companies seeking a centrally connected setting with proximity to other businesses and services.
The property benefits from convenient access to major thoroughfares and public transportation, with a wide range of nearby amenities including dining, retail, and professional services. Its central location supports visibility and accessibility within Fresno’s growing business community.
Located at 1122 S Street, the asset is described as well-suited for companies seeking a centrally connected setting with proximity to other businesses and services.
Key Highlights
- Multi‑use office building for sale at 1122 S Street in downtown Fresno
- Substantial building footprint
- Flexible layout potential for office, creative, or mixed‑use applications
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $242.6k | $21.00 |
| − Vacancy | −$14.6k | −$1.26 |
| EGI | $228.1k | $19.74 |
| − OpEx | −$57.0k | −$4.94 |
| NOI | $171.1k | $14.81 |
11,554 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.44M
$2.14M – $2.85M
NOI $171,057 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,336 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Eye Medical Center
Physician
Dr. New Sang
Pediatrician
Omni Womens Health ...
Medical Clinic
Eye Medical Center: ...
Physician
Eye Medical Center: ...
Physician
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FAQs
What type of property is this?
Office building - Multi-use office building for sale with a substantial footprint and flexible layout potential in a central downtown setting.
Where is this office building located?
The property is located at 1122 S Street Fresno, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Multi‑use office building for sale at 1122 S Street in downtown Fresno; Substantial building footprint; Flexible layout potential for office, creative, or mixed‑use applications
