Medical Office Space
6335 North Fresno Street Fresno, CA 93704
6335 North Fresno Street, Fresno, CA, 93704
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For Sale
Contact for pricing
Functional office space with rare medical facilities in Northeast location.
Property Size14,400 SF
Price / SF$190.97
Days on Market761
Property Features for 6335 North Fresno Street
General Information
- Standard status
- Active
- Size
- 14,400 SF
- Property subtype
- Office
Listing Agency
Fortune Associates
Listed by
Brandon Lamonica · License #CA 01317857
Source
Crexi
Added: Jun 18, 2024 Checked: Jul 17 at 12:55 pm
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 Fortune Associates
Investment Insights
Based on property information with market context.
This property, located south of Herndon Ave in a Northeast location, offers a blend of functional office space and medical facilities. Covered parking stalls are available. The property features monument signage for visibility. Elevator access is provided to the second floor. Tenant improvements offer flexible customization of the space.
Key Highlights
- Prime location south of Herndon Ave.
- Functional office space with rare medical facilities.
- Northeast location.
Local Financial Insights For Office B
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 | $302.4k | $21.00 |
| − Vacancy | −$18.1k | −$1.26 |
| EGI | $284.3k | $19.74 |
| − OpEx | −$71.1k | −$4.94 |
| NOI | $213.2k | $14.81 |
14,400 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.05M
$2.66M – $3.55M
NOI $213,192 @ 7.0% cap · market cap 7.75%
Second Best
Healthcare Medical
$2.80M
$2.45M – $3.27M
NOI $195,955 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$4.24M
$3.71M – $4.95M
NOI $297,043 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
MYLEA NICHOLE WILEY
Physician
Philip Larkins
Physician
MARTIN LANDON SMITH
Physician
Cesar Haymes
Physician
West Coast Podiatry ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Animal Hospital & Dental Clinic — 5169 N Blackstone Ave, Fresno, CA 93710
- Woodward Pet Hospital — 1119 E Shaw Ave, Fresno, CA 93710
- Lauren Derock, D.V.M. — 4974 N Fresno St, Fresno, CA 93726
FAQs
What type of property is this?
Medical Office Space - Functional office space with rare medical facilities in Northeast location.
Where is this medical office space located?
The property is located at 6335 North Fresno Street Fresno, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime location south of Herndon Ave.; Functional office space with rare medical facilities.; Northeast location.
