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5702-5730 N 1St St Fresno, CA 93710

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For Sale
$9,600,000

Well-maintained shopping center with value-add potential and strong occupancy.

Property size:
38,090 SF
Lot size:
10.50 Acres

Property Features for 5702-5730 N 1St St

General Information

Size
38,090 SF
Lot size
10.50 Acres

Source: NAI Northern California Agent Joshua Ballesteros

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hoover Marketplace Shopping Center

The Hoover Marketplace is a well-maintained community shopping center. The corner lot includes a newly built Ride N' Shine car wash, which brings additional traffic to the center. The property offers significant value-add potential through the leasing of remaining vacant units. All tenants operate under NNN leases. The roofs were recently replaced within the last few years. The property benefits from excellent freeway access, with CA Hwy-41 located 0.06 miles to the west along E Bullard Ave and CA Hwy-168 to the east via E Bullard Ave. The shopping center has a strong historical occupancy, with many tenants in place since the early 2010s, 2000s, and even the late 90s. It is surrounded by high-end professional and medical offices, schools, and numerous residential subdivisions and apartments. The traffic count is 31,822 ADT on E Bullard Ave directly in front of this property. The property consists of 3 buildings and 3 parcels in total. It is in close proximity to Fresno State University, which is both an NCAA Division I school and one of the largest public universities in the California State University System. The property size is 38090 square feet.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fresno
County
Fresno
State
California
Longitude
-119.771805
Latitude
36.82144

FAQs

What type of property is this?
Strip mall - Well-maintained shopping center with value-add potential and strong occupancy.
Where is this strip mall located?
The property is located at 5702-5730 N 1St St Fresno, CA.
What is the asking price?
The asking price for this property is $9,600,000.
What are key features of this property?
This property features: - High traffic location with 31,822 ADT on E Bullard Ave.; - Strong historical occupancy with long-term tenants.; - Excellent freeway access to CA Hwy-41 and CA Hwy-168.
More about this property
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