Freestanding Retail Building with
For Sale
Contact for pricing
2151 W Shaw Avenue, Fresno, CA 93711
Signalized-corner retail property with a drive-through lane near a substantial concentration of office space.
Property Size4,707 SF
Price / SF$361.16
Days on Market59
Property Features for 2151 W Shaw Avenue
General Information
Standard status
Active
Size
4,707 SF
Property subtype
Retail, Office
Site & Location
Drive-Thru
Yes
Traffic Count
82,000 vehicles/day
Road Access
Yes
Amenities
Drive-Thru Lane
Building Details
Buildings
1
Listing Agency:
Commercial Retail Associates
Listed By:
Bryan Cifranic · License #01809130
(559) 650-1316
Source:
Crexi
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 16 at 8:21AM
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 Commercial Retail Associates
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Investment Insights
Based on property information with market context.
This 4,707-square-foot freestanding retail building includes a drive-through lane and occupies a signal-controlled intersection. The configuration supports retail operations that benefit from convenient vehicle access and customer pickup or service circulation.
The property is positioned at Shaw Avenue and West Avenue in Fresno, where reported traffic exceeds 82,000 cars per day. Nearby context includes the Van Ness Extension and Old Fig Garden, while the West Shaw office submarket contains approximately 2.3 million square feet of office space. That surrounding office concentration contributes to daytime customer activity in the area.
The property is positioned at Shaw Avenue and West Avenue in Fresno, where reported traffic exceeds 82,000 cars per day. Nearby context includes the Van Ness Extension and Old Fig Garden, while the West Shaw office submarket contains approximately 2.3 million square feet of office space. That surrounding office concentration contributes to daytime customer activity in the area.
Key Highlights
- 4,707‑square‑foot freestanding retail building
- Drive‑through lane included
- Signalized intersection at Shaw Avenue and West Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,687
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,393,740
$1.4M
Cap Rate 7%
$995,529
$995.5K
Cap Rate 9%
$774,300
$774.3K
Market Conditions
NOI Build-Up for 4,707 SF
Gross rent
$98.8K $21.00/SF
− Vacancy
−$5.9K −$1.26/SF
EGI
$92.9K $19.74/SF
− OpEx
−$23.2K −$4.94/SF
NOI
$69.7K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,393,740
Cap Rate 7%
$995,529
Cap Rate 9%
$774,300
Alternative Uses
Best Use
Office B
$995.5K
$871.1K – $1.16M
NOI $69,687 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$788.0K
$689.5K – $919.3K
NOI $55,157 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,096 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
82,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
Demographics for 93711, CA
37,901
Population
16,643
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
3,384
Density / Sq Mi
$97,492
Median Household Income
$53,122
Median Earnings
$1,561
Median Rent
$469,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Signalized-corner retail property with a drive-through lane near a substantial concentration of office space.
Where is this retail space located?
The property is located at 2151 W Shaw Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4,707‑square‑foot freestanding retail building; Drive‑through lane included; Signalized intersection at Shaw Avenue and West Avenue
