Fresno Office Building in
For Sale
Contact for pricing
7440 N Palm Ave, Fresno, CA
32,344 SF office building in Palm Bluffs Corporate Park.
Property Size32,344 SF
Lot Size3.67 Acres
Price / SF$319
Days on Market556
Property Features for 7440 N Palm Ave
General Information
Standard status
Active
Size
32,344 SF
Lot size
3.67 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Fresno
(559) 221-1271
Listed By:
Bobby Fena, SIOR
(559) 284-1113
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 6
Last Checked: Oct 7 at 11:46AM
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.
Located at 7440 N. Palm Avenue in Fresno, California, this 32,344 square foot office building is available for sale or lease. Situated within the Palm Bluffs Corporate Park, in the prime northwest Fresno area, the property was designed by Henderson Architectural Group and built by Johnston Contractors in 2005. Its location provides convenient access to restaurants, banking, shopping, and public transportation. The property is near Freeway 41, offering access to Fresno and the City of Clovis.
Key Highlights
- Prime northwest Fresno location within Palm Bluffs Corporate Park.
- Easy access to Freeways 41, Fresno, and Clovis.
- Proximity to restaurants, banking, shopping, and public transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$478,853
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,577,060
$9.6M
Cap Rate 7%
$6,840,757
$6.8M
Cap Rate 9%
$5,320,589
$5.3M
Market Conditions
NOI Build-Up for 32,344 SF
Gross rent
$679.2K $21.00/SF
− Vacancy
−$40.8K −$1.26/SF
EGI
$638.5K $19.74/SF
− OpEx
−$159.6K −$4.94/SF
NOI
$478.9K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,577,060
Cap Rate 7%
$6,840,757
Cap Rate 9%
$5,320,589
Alternative Uses
Best Use
Office B
$6.84M
$5.99M – $7.98M
NOI $478,853 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.53M
$8.34M – $11.12M
NOI $667,192 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,310
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - 32,344 SF office building in Palm Bluffs Corporate Park.
Where is this office building located?
The property is located at 7440 N Palm Ave Fresno, CA.
What is the asking price?
The asking price for this property is $10,350,000.
What are key features of this property?
This property features: Prime northwest Fresno location within Palm Bluffs Corporate Park.; Easy access to Freeways 41, Fresno, and Clovis.; Proximity to restaurants, banking, shopping, and public transportation.
