Professional Office
For Sale
Contact for pricing
2600 West Shaw Avenue, Fresno, CA 93711
Professional office building with reception, private offices, open workspace, meeting room, kitchen, and fiber optic connectivity.
Property Size7,000 SF
Lot Size0.51 Acres
Price / SF$173.18
Days on Market71
Property Features for 2600 West Shaw Avenue
General Information
Standard status
Active
Size
7,000 SF
Class
B
Lot size
0.51 Acres
Property subtype
Office
Zoning
CMX- Corridor/Center Mixed Use
Lease Type
Modified Gross
Additional Details
Office Units
12
Building Details
Year Built
1984
Year Renovated
1984
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
C21 Commercial
Listed By:
Jared Ennis · License #CA
(559) 705-1000
Source:
Crexi
Added: Jun 30
Changed: Aug 31
Last Checked: Sep 7 at 11:27AM
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 C21 Commercial
Investment Insights
Based on property information with market context.
This professional office building offers a reception area, twelve private offices, two open workspace areas, a meeting room, and a kitchen area. The space also includes four bathrooms and fiber optic connectivity. The building has a newer foam roof.
Set on a 22,216 SF lot near Shaw Avenue and Van Ness Boulevard in Northwest Fresno, the property is positioned close to Fig Garden Village. Parking is available on site with additional street parking.
For maintenance and common services, HOA dues include exterior cleaning, landscaping maintenance and repairs, pest control, parking lot sweeping, security service, water and sewer, trash service, property management, common area upkeep, and reserve funding for future asphalt and tree maintenance.
Set on a 22,216 SF lot near Shaw Avenue and Van Ness Boulevard in Northwest Fresno, the property is positioned close to Fig Garden Village. Parking is available on site with additional street parking.
For maintenance and common services, HOA dues include exterior cleaning, landscaping maintenance and repairs, pest control, parking lot sweeping, security service, water and sewer, trash service, property management, common area upkeep, and reserve funding for future asphalt and tree maintenance.
Key Highlights
- Approximately 7,000 SF professional office building on a 22,216 SF lot, built in 1984
- Reception area plus 12 private offices, 2 open workspace areas, and a dedicated meeting room
- Fiber optic connectivity for modern office communications
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$103,635
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,072,700
$2.1M
Cap Rate 7%
$1,480,500
$1.5M
Cap Rate 9%
$1,151,500
$1.2M
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$147.0K $21.00/SF
− Vacancy
−$8.8K −$1.26/SF
EGI
$138.2K $19.74/SF
− OpEx
−$34.5K −$4.94/SF
NOI
$103.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,072,700
Cap Rate 7%
$1,480,500
Cap Rate 9%
$1,151,500
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,635 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,396 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
520
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office building with reception, private offices, open workspace, meeting room, kitchen, and fiber optic connectivity.
Where is this office building located?
The property is located at 2600 West Shaw Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,212,288.
What are key features of this property?
This property features: Approximately 7,000 SF professional office building on a 22,216 SF lot, built in 1984; Reception area plus 12 private offices, 2 open workspace areas, and a dedicated meeting room; Fiber optic connectivity for modern office communications
