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    Prime Retail Corridor Community Center Title is generated by Realmo AI

    147 West Shaw Avenue, Fresno, CA

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    High-exposure retail space with pylon signage in Clovis.

    Type:RETAIL
    Property size:
    42,300 SF
    Lot size:
    4.36 Acres
    Price / SF:
    $141/SF
    Added:
    Aug 7, 2025
    Days on Market:
    297
    Last Refresh:
    May 19 at 10:54 pm

    Property Features for 147 West Shaw Avenue

    General Information

    Standard status
    Active
    Size
    42,300 SF
    Lot size
    4.36 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 147 West Shaw Avenue Contact us

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    Listing Contact
    Jared Ennis
    Jared Ennis

    Listing agent Jared Ennis License #01516541

    Listing office KW Commercial | Central California

    Listing date Aug 7, 2025

    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 KW Commercial | Central California

    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
    • ±42,300 SF available in community center with quality tenants
    • Abundant parking with 367 spaces
    • Excellent visibility and access with multiple signage opportunities

    Overview

    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.

    Local Financial Insights For 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 $761.4k $18.00
    − Vacancy −$53.3k −$1.26
    EGI $708.1k $16.74
    − OpEx −$212.4k −$5.02
    NOI $495.7k $11.72
    42,300 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $7.08M
    $6.20M – $8.26M (±1% cap)
    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 (±1% cap)
    NOI $872,564 @ 7.0% cap · market cap 14.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Shaw Village 498 W Shaw Ave, Clovis, CA 93612
    • Shaw Peach Village Shopping Ct 430 W Shaw Ave, Clovis, CA 93612
    • Coinstar Kiosk | Bitcoin ATM 790 W Shaw Ave, Clovis, CA 93612
    • Coin Cloud Bitcoin ATM 2774 Willow Ave, Clovis, CA 93612
    • Walmart center Unnamed Road, Clovis, CA 93612

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.787
    Latitude
    36.808

    FAQs

    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
    (559) 705-1000 Call to check price and availability
    More about this property
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