Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    801 Santana Ave Clovis, CA

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for rent in a large shopping mall.

    Property size:
    22,750 SF
    Lot size:
    67.01 Acres

    Property Features for 801 Santana Ave

    General Information

    Size
    22,750 SF
    Lot size
    67.01 Acres

    We can help!

    Listing Contact
    Elliot Nassim
    Source: Moodyscre

    Listing Agency: Mason Asset Management - Corporate Listing Agent: Elliot Nassim

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

    Learn more

    Overview

    Retail Space in Sierra Vista Mall

    Located at the intersection of Shaw and Clovis Avenues, approximately two miles from State Route 168, Sierra Vista Mall offers retail space for rent. The mall has a gross leasable area of 688,725 square feet. The property is in close proximity to Fresno State University, with an enrollment north of 24,000 students, and Fresno Yosemite International Airport. A 260-unit multi-family development site is also located nearby. The available retail space measures 22,750 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.7029194
    Latitude
    36.8252277

    Nearby Similar for Lease

    • $1.50 SF/Yr
      1,500 SF

      Clovis Retail Space Available

      Retail spaces available in a recently renovated shopping center.
      470-488 W Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      1,343 SF

      Regional Lifestyle Center Retail Space

      Retail and restaurant spaces in a regional lifestyle center.
      1180 Shaw Ave, Clovis, CA 93612
      View Details
    • $1.30 SF/Yr
      1,546 SF

      Recently Renovated Retail Spaces Available

      Remodeled retail spaces with open layout, ample parking, great visibility.
      3185 Willow Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      928 SF

      Retail Space in Sierra Vista

      Retail space in regional lifestyle center, Sierra Vista Mall.
      1000-1050 Shaw Ave, Clovis, CA 93612
      View Details
    • $1.75 SF/Yr
      1,985 SF

      Move-In Ready Office Spaces

      Medical and general office spaces available for rent.
      290 Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing

      Retail Space with High Exposure

      Prime retail and flexible suites available in renovated building.
      1436 Clovis Ave, Clovis, CA 93612
      View Details
    • $1.35 SF/Yr
      1,316 SF

      Retail Space in Clovis

      Prime retail space with flexible suites and ample parking.
      1416-1436 Clovis Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      5,780 SF

      Renovated Shopping Center Spaces Available

      Prime shopping center spaces with high traffic and visibility.
      494 W Shaw Ave, Clovis, CA 93612
      View Details
    • $1.40 SF/Yr
      981 SF

      Retail Space with Remodeled Suites

      Ground-floor retail and flexible second-floor suites available for lease.
      1450-1468 Clovis Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      23,200 SF

      Shaw Village Shopping Center Spaces

      Recently renovated shopping center with high traffic and great visibility.
      424-498 W Shaw Ave, Clovis, CA 93612
      View Details
    • Contact for pricing
      3,000 SF

      Retail Pad Spaces in Clovis

      Retail spaces for lease in Sunflower Marketplace Shopping Center.
      311 W Shaw Ave, Clovis, CA 93612
      View Details
    • $2.00 SF/Yr
      1,602 SF

      Old Town Clovis Retail Space

      Turnkey 1,602 SF suite in high-traffic Old Town Clovis.
      325 Clovis Ave, Clovis, CA 93612
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Retail space for rent in a large shopping mall.
    Where is this shopping mall located?
    The property is located at 801 Santana Ave Clovis, CA.
    What are key features of this property?
    This property features: - Sierra Vista Mall location at the intersection of Shaw and Clovis Avenues.; - GLA: 688,725 SF; - Proximity to Fresno State University (24K+ students).
    (516) 371-5858 Call to check price and availability
    Request Owner's contact information
    801 Santana Ave Clovis, CA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    801 Santana Ave
    Clovis, CA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 Santana Ave Clovis, CA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Elliot Nassim
    (516) 371-5858 (646) 722-8146
    Learn more
    Google sign-in failed. Please try again or use another login method.