Office Suite with Open
For Sale
Contact for pricing
7060 N Marks Avenue, Fresno, CA 93711
Flexible office layout combines private offices with open bullpen space and available furnishings.
Property Size4,778 SF
Days on Market124
Property Features for 7060 N Marks Avenue
General Information
Standard status
Active
Size
4,778 SF
Class
B
Property subtype
Office
Lease Term
NNN
Site & Location
Neighborhood
Bullard
Highway Access
Yes
Building Details
Building Size
4,778 SF
Properties For Sale
at 7060 N Marks Avenue
Suite 108
Size
4,778 SF
Term
Negotiable
Listing Agency:
Newmark Pearson Commercial | Fresno
Listed By:
Phil Souza · License #CalDRE #00853867
(559) 447-6283
Source:
Newmarkpearson
Added: Jun 25
Changed: Oct 26
Last Checked: Oct 26 at 2:57PM
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 Newmark Pearson Commercial | Fresno
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The suite was previously occupied by a large law firm and features a layout designed for both privacy and collaboration. The floor plan combines perimeter private offices with an open bullpen area suited for cubicles. The space is described as being in excellent condition, and existing furniture is available for a new tenant’s use.
The property offers excellent building signing, along with straightforward access to freeways and major arterials. Ancillary services are noted as being close by, which can help support day-to-day business needs.
This configuration is well suited for professional users that want a mix of individual offices and a larger open work area for staff. With furnishings available and all ancillary services nearby, the space can support efficient move-in planning for qualifying tenants seeking an office suite with established functionality.
The property offers excellent building signing, along with straightforward access to freeways and major arterials. Ancillary services are noted as being close by, which can help support day-to-day business needs.
This configuration is well suited for professional users that want a mix of individual offices and a larger open work area for staff. With furnishings available and all ancillary services nearby, the space can support efficient move-in planning for qualifying tenants seeking an office suite with established functionality.
Key Highlights
- Formerly occupied by a large law firm
- Flexible layout with perimeter private offices plus open bullpen area for cubicles
- Existing furniture is available for a new tenant’s use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,738
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,760
$1.4M
Cap Rate 7%
$1,010,543
$1.0M
Cap Rate 9%
$785,978
$786.0K
Market Conditions
NOI Build-Up for 4,778 SF
Gross rent
$100.3K $21.00/SF
− Vacancy
−$6.0K −$1.26/SF
EGI
$94.3K $19.74/SF
− OpEx
−$23.6K −$4.94/SF
NOI
$70.7K $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%
$1,414,760
Cap Rate 7%
$1,010,543
Cap Rate 9%
$785,978
Alternative Uses
Best Use
Office B
$1.01M
$884.2K – $1.18M
NOI $70,738 @ 7.0% cap · market cap 4,534,487.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,561 @ 7.0% cap · market cap 6,318,012.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office layout combines private offices with open bullpen space and available furnishings.
Where is this office unit located?
The property is located at 7060 N Marks Avenue Fresno, CA.
What are key features of this property?
This property features: Formerly occupied by a large law firm; Flexible layout with perimeter private offices plus open bullpen area for cubicles; Existing furniture is available for a new tenant’s use
