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Neighborhood Shopping Center with NNN Leases
For Sale
Contact for pricing
Pending

2701 N Blackstone Ave, Fresno, CA 93703

Multi-suite retail center with recent building, lighting, paving, landscaping, and accessibility improvements.

Property Size26,782 SF
Lot Size1.57 Acres
Days on Market142

Property Features for 2701 N Blackstone Ave

General Information

Standard status Pending
Size 26,782 SF
Lot size 1.57 Acres
Property subtype Retail
Occupancy 82%

Additional Details

Pylon Signage Yes

Building Details

Year Built 1979
Tenancy Multi
Listing Agency: Marcus & Millichap - Fresno
Listed By: Chris Ajluni · License #CA 01383994
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:36AM

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 Marcus & Millichap - Fresno

Investment Insights

Based on property information with market context.

Princeton Square is a neighborhood shopping center comprising 26,782 square feet of gross leasable area on a 1.57-acre parcel. Constructed in 1979, the property is currently 82% occupied, with in-place suites leased on an NNN basis that includes scheduled rent increases and management expense recapture provisions.

Recent capital work has addressed both the building and site. Improvements include a new stucco exterior, full-building roof replacement, updated HVAC units across most suites, exterior and parking lot lighting, sealed and restriped parking areas, new sidewalks and ADA ramps along Blackstone Avenue and Princeton Avenue, refreshed landscaping, a new pylon sign, and a replacement block wall and trash enclosure. The center is located at 2701 N Blackstone Ave in Fresno, California.

Key Highlights

  • 26,782 SF of gross leasable area on a 1.57‑acre parcel
  • 82% occupied neighborhood shopping center
  • NNN leases include scheduled rate increases and management expense recapture

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store Bakery

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

82%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
362k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 60% Leisure 16% Shops & Services 11% Groceries 10%
Regal Manchester - Fresno Leisure
58,178 visits/mo 0.5 miles
McDonald's Dining
48,966 visits/mo 0.2 miles
Smart & Final Groceries
37,081 visits/mo 0.3 miles
Starbucks Dining
25,010 visits/mo 0.3 miles
Starbucks Dining
21,612 visits/mo 0.4 miles

Demographics for 93703, CA

34,840
Population
11,155
Households
3.1
Avg Household Size
31
Median Age
9%
College-Educated
72%
High-School Grad
4.8 sq mi
ZIP Area
7,258
Density / Sq Mi
$43,236
Median Household Income
$30,359
Median Earnings
$1,204
Median Rent
$250,200
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
Rey
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Similar Off Market Nearby

  • Shield & Maroa 3111 N Maroa Ave, Fresno, CA 93704
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  • NB Perfumes 3202 N Blackstone Ave, Fresno, CA 93726
  • El Centenario jewerly 2119 E Dayton Ave, Fresno, CA 93726
  • Manchester Plaza 1803-1871 E Dakota Ave, Fresno, CA 93726

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite retail center with recent building, lighting, paving, landscaping, and accessibility improvements.
Where is this shopping center located?
The property is located at 2701 N Blackstone Ave Fresno, CA.
What are key features of this property?
This property features: 26,782 SF of gross leasable area on a 1.57‑acre parcel; 82% occupied neighborhood shopping center; NNN leases include scheduled rate increases and management expense recapture
More about this property
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