660 W Locust Ave, Fresno, CA
Multi-tenant office building with prime location and abundant parking.
- Added:
- Jun 22, 2023
- Days on Market:
- 1084
- Last Refresh:
- May 20 at 9:24 pm
Property Features for 660 W Locust Ave
General Information
- Standard status
- Active
- Size
- 18,050 SF
- Lot size
- 1.63 Acres
- Property subtype
- OFFICE
Properties For Sale
at 660 W Locust Ave Contact us
Listing agent Brian Decker License #01029450 (559) 284-5115
Listing office Colliers | Fresno (559) 284-5115
Listing date Jun 22, 2023
Source Moodyscre
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
HighLights
- Prime Palm Bluffs location near major services and amenities
- Potential owner‑user opportunity with stable occupancy
- Abundant parking (approximately 6 stalls per 1,000 square feet)
- 4 suite multi‑tenant office building
Overview
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 | $379.1k | $21.00 |
| − Vacancy | −$22.7k | −$1.26 |
| EGI | $356.3k | $19.74 |
| − OpEx | −$89.1k | −$4.94 |
| NOI | $267.2k | $14.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.806
- Latitude
- 36.8408
