Neighborhood Retail Shopping Center

1215 N Willow Avenue Clovis, CA 93619

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100% occupied neighborhood retail center with dining, fitness, dental, and services along Clovis Old Town Trail.

Type:Retail
Property size:
72,065 SF
Price / SF:
$285/SF
Added:
Jul 8, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 3:19 am

Property Features for 1215 N Willow Avenue

General Information

Standard status
Active
Size
72,065 SF
Property subtype
Retail

Building Details

Year Built
2006

Listing office Visintainer Group

Listing date Jul 8, 2026

Source Crexi

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 Visintainer Group


Investment Insights

Based on property information with market context.

Parkway Trails Shopping Center is a 100% occupied neighborhood retail center offering 72,065 square feet of retail space with a tenant mix spanning dining, fitness, dental, and service-oriented businesses. The center includes tenants such as 13 Prime Steakhouse, Yolked Kitchen, and Steven’s Bicycle Shop, among others.

Located on the northeast corner of Willow Avenue and Nees Avenue in Clovis, the property sits directly along the Clovis Old Town Trail. The center is within 1.2 miles of Buchanan High School and Alta Sierra Middle School, and the remarks cite daily traffic generated by over 4,100 students and their families. Demographic information provided in the marketing materials lists average household income of $145,049 within 1 mile and $130,116 within 3 miles.

The shopping center is described as having below-market rents, with month-to-month tenants and tenants expiring in 2026 with no options representing 53% of the square footage. The center also features staggered lease expirations, and the remarks note that 46% of the square footage and 49% of the rent have been in place for over 10 years.

Key Highlights

  • 72,065 SF neighborhood retail center built in 2006, 100% occupied
  • Located at the northeast corner of Willow Avenue and Nees Avenue in Clovis, CA
  • Directly along the Clovis Old Town Trail, supporting consistent pedestrian and bicycle traffic

Local Financial Insights For Specialty Retail

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 $1.56M $21.60
− Vacancy −$101.2k −$1.40
EGI $1.46M $20.20
− OpEx −$363.9k −$5.05
NOI $1.09M $15.15
72,065 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$15.59M
$13.64M – $18.19M (±1% cap)
NOI $1,091,569 @ 7.0% cap · market cap 5.30%
Second Best
Retail
$14.00M
$12.25M – $16.33M (±1% cap)
NOI $979,904 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$18.16M
$15.89M – $21.18M (±1% cap)
NOI $1,270,881 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Sport Clips Haircuts ... Hair Salon Sherwin-Williams Paint Store Hardware & Home Improvement Edible Arrangements (Bike/Boat/Book/etc) Store Central Valley Tutoring Tutoring Service Happy Foot Massage Alternative Medicine Practice

Suggested Use

Dental Office Law Firm HVAC Service Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center

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

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Save Mart, 1157 N Willow Ave, Clovis, CA 93611

FAQs

What type of property is this?
Shopping center - 100% occupied neighborhood retail center with dining, fitness, dental, and services along Clovis Old Town Trail.
Where is this shopping center located?
The property is located at 1215 N Willow Avenue Clovis, CA.
What is the asking price?
The asking price for this property is $20,600,000.
What are key features of this property?
This property features: 72,065 SF neighborhood retail center built in 2006, 100% occupied; Located at the northeast corner of Willow Avenue and Nees Avenue in Clovis, CA; Directly along the Clovis Old Town Trail, supporting consistent pedestrian and bicycle traffic
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