Building Details

Tenancy Multi

Listing Agency: Fisher James Capital p***@yahoo.com Show Phone

Listed By: Lindsey Snider · License #CA 01443387

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 6:55AM

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Investment Insights

Based on property information with market context.

Villaggio Shopping Center is an outdoor lifestyle center offering a tenant lineup anchored by HomeGoods and Nordstrom Rack. The property is an upscale mixed-use development on approximately 20 acres, with additional anchors including Total Wine & More, ULTA, Barnes & Noble, and Designer Shoe Warehouse.

The center is positioned in Fresno’s River Park Shopping district, surrounded by high-end professional offices and high-income residential. It benefits from visibility from Yosemite Freeway and is accessible from both Blackstone and Nees Avenues with a dedicated turn lane.

For investors, the center provides a diversified national and regional tenant mix within an infill retail setting.

Key Highlights

• Outdoor lifestyle shopping center anchored by HomeGoods and Nordstrom Rack
• Approximately 20‑acre mixed‑use development anchored by major retailers including HomeGoods, Nordstrom Rack, Total Wine & More, ULTA, Barnes & Noble, and Designer Shoe Warehouse
• Located in Fresno’s regional River Park Shopping district, surrounded by professional offices and high‑income residential

Property Analytics

Current Use

Vonda's (Bike/Boat/Book/etc) Store Bridal Registry at Vonda's Clothing & Fashion Store

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store HVAC Service Storage Facility Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2,207

Businesses Nearby

949k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Apparel 25% Superstores 20% Shops & Services 5%

Target Superstores

185,849 visits/mo 0.4 miles

Chick-fil-A Dining

86,245 visits/mo 0.1 miles

DICK'S Sporting Goods Apparel

65,997 visits/mo 0.4 miles

In-N-Out Burger Dining

64,652 visits/mo 0.1 miles

Yard House Dining

46,209 visits/mo 0.3 miles

Demographics for 93720, CA

47,814

Population

19,738

Households

2.4

Avg Household Size

39

Median Age

47%

College-Educated

95%

High-School Grad

10.4 sq mi

ZIP Area

4,598

Density / Sq Mi

$103,636

Median Household Income

$56,888

Median Earnings

$1,990

Median Rent

$457,800

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Outdoor lifestyle center anchored by HomeGoods and Nordstrom Rack with strong retailer mix and major freeway visibility.

Where is this shopping center located?

The property is located at 7949 N Blackstone Ave Fresno, CA.

What are key features of this property?

This property features: Outdoor lifestyle shopping center anchored by HomeGoods and Nordstrom Rack; Approximately 20‑acre mixed‑use development anchored by major retailers including HomeGoods, Nordstrom Rack, Total Wine & More, ULTA, Barnes & Noble, and Designer Shoe Warehouse; Located in Fresno’s regional River Park Shopping district, surrounded by professional offices and high‑income residential