Prime Retail Corridor Community
For Sale
Contact for pricing
147 West Shaw Avenue, Fresno, CA
High-exposure retail space with pylon signage in Clovis.
Property Size42,300 SF
Lot Size4.36 Acres
Price / SF$141.73
Days on Market435
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Property Features for 147 West Shaw Avenue
General Information
Standard status
Active
Size
42,300 SF
Lot size
4.36 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 147 West Shaw Avenue
147 West Shaw Ave
AVAILABLE, Now
Floor
Bldg
Size
42,300 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- Prime retail location on #1 retail corridor in clovis
- High exposure community center space w/ pylon signage
- ±42,300 sf available surrounded with quality tenants
- 1Prime corner identity | large pylon signage | abundant parking
- Two (2) spot truck dock | 1,000 amps 277/480 volt 3 phase power
- Newest retail growth corridor w/ high income demographics
- Very generous free parking allocation: 367 spaces
- Located on high-traffic shaw avenue w/ ±224,823 cars per day
- Close proximity to major traffic generators & ca-168 ramps
- Great access & visibility w/ unmatched level of consumer traffic
- Existing front, rear, & (2) monument signage's | ample parking
- Highly visible intersection w/ ample parking & easy access
- Densely populated trade area w/ 355,604 people in 5-miles
- $93,743 avg. Household income & 120,610 households (5 miles)
- Great exposure from ca-168, shaw and clovis avenues
Contact us
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Aug 7, 2025
Changed: Oct 8
Last Checked: Oct 15 at 2:48AM
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
This prime retail location is situated on the number one retail corridor in Clovis. The property features a high-exposure community center space with pylon signage. Approximately 42,300 square feet is available, surrounded by quality tenants. It offers prime corner identity, large pylon signage, and abundant parking with a generous allocation of 367 spaces. The property includes two truck docks and 1,000 amps of 277/480 volt 3-phase power. Located in the newest retail growth corridor with high-income demographics, the site benefits from high traffic on Shaw Avenue, with approximately 224,823 cars per day. It is in close proximity to major traffic generators and CA-168 ramps, providing great access and visibility with an unmatched level of consumer traffic. The property has existing front, rear, and two monument signs, along with ample parking. The highly visible intersection offers easy access. The densely populated trade area includes 355,604 people within a 5-mile radius, with an average household income of $93,743 and 120,610 households in the same area. The property benefits from great exposure from CA-168, Shaw, and Clovis Avenues.
Key Highlights
- Prime retail location on #1 retail corridor in Clovis
- High traffic location on Shaw Avenue with ±224,823 cars per day
- High income demographics: $93,743 average household income within 5 miles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$495,671
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,913,420
$9.9M
Cap Rate 7%
$7,081,014
$7.1M
Cap Rate 9%
$5,507,456
$5.5M
Market Conditions
NOI Build-Up for 42,300 SF
Gross rent
$761.4K $18.00/SF
− Vacancy
−$53.3K −$1.26/SF
EGI
$708.1K $16.74/SF
− OpEx
−$212.4K −$5.02/SF
NOI
$495.7K $11.72/SF
Area
Fresno, CA
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,913,420
Cap Rate 7%
$7,081,014
Cap Rate 9%
$5,507,456
Alternative Uses
Best Use
Retail
$7.08M
$6.20M – $8.26M
NOI $495,671 @ 7.0% cap · market cap 8.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.47M
$10.91M – $14.54M
NOI $872,564 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,663
Businesses Nearby
121k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 26%
Electronics 14%
Apparel 9%
SONIC Drive In
Dining
15,287 visits/mo
0.5 miles
Bank of America
Shops & Services
14,868 visits/mo
0.5 miles
Guitar Center
Shops & Services
12,037 visits/mo
0.5 miles
T-Mobile
Electronics
7,719 visits/mo
0.3 miles
Me-N-Ed's Pizzeria
Dining
7,298 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Sunglass Hut at Macy's — 4888 N Fresno St, Fresno, CA 93726
- Sunglass Hut at Macy's — 655 E Shaw Ave, Fresno, CA 93710
- Sunglass Hut — 663 E Shaw Ave, Fresno, CA 93710
- Mac — 625 E Shaw Ave, Fresno, CA 93710
- Luxe Bijoux — 675 E Shaw Ave, Fresno, CA 93710
Frequently Asked Questions
What type of property is this?
Shopping center - High-exposure retail space with pylon signage in Clovis.
Where is this shopping center located?
The property is located at 147 West Shaw Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Prime retail location on #1 retail corridor in Clovis; High traffic location on Shaw Avenue with ±224,823 cars per day; High income demographics: $93,743 average household income within 5 miles
