Subway Franchise
1195 Herndon Ave, Fresno, CA 93612
For Sale
$499,000
Business Opportunity, Fresno, CA
Property Size1,385 SF
Lot Size0.84 Acres
Price / SF$360.29
Days on Market54
Property Features for 1195 Herndon Ave
General Information
Property type
Property subtype
Zoning description
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Building Details
Year built
Listing Agency:
Realty One Group Action
(559) 631-3300
Listed By:
Harpreet Deol · License CA #01893138
(408) 377-2700
Added: Sep 22
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
MLS# 655499
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Subway franchise operates in a 1,385-square-foot restaurant with a modern interior and equipped counter-service line. Built in 2013, the property sits on a 0.84-acre parcel and has covered parking.
The location is across from a Walmart. The restaurant is an established, operating franchise at 1195 Herndon Ave in Fresno, California.
The location is across from a Walmart. The restaurant is an established, operating franchise at 1195 Herndon Ave in Fresno, California.
Key Highlights
- Operating Subway franchise restaurant
- 1,385‑square‑foot building on a 0.84‑acre parcel
- Built in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,747
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,940
$374.9K
Cap Rate 7%
$267,814
$267.8K
Cap Rate 9%
$208,300
$208.3K
Market Conditions
NOI Build-Up for 1,385 SF
Gross rent
$26.6K $19.20/SF
− Vacancy
−$1.6K −$1.15/SF
EGI
$25.0K $18.05/SF
− OpEx
−$6.2K −$4.51/SF
NOI
$18.7K $13.54/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,940
Cap Rate 7%
$267,814
Cap Rate 9%
$208,300
Alternative Uses
Best Use
Specialty Retail
$267.8K
$234.3K – $312.5K
NOI $18,747 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.1K
$357.1K – $476.2K
NOI $28,570 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93612, CA
37,368
Population
14,362
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
5,577
Density / Sq Mi
$64,079
Median Household Income
$40,460
Median Earnings
$1,410
Median Rent
$311,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Fresno County, CA
Properties on Market for Conventional restaurants in Fresno County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating branded location includes a modern service counter and covered parking.
Where is this conventional restaurant located?
The property is located at 1195 Herndon Ave Fresno, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Operating Subway franchise restaurant; 1,385‑square‑foot building on a 0.84‑acre parcel; Built in 2013
