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    Sec Herndon Ave. & Fresno St Fresno, CA 93720

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail spaces, Fresno, CA

    Lot size:
    347,715 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents multiple outparcel/pad sites totaling 347,715 square feet, situated on the highly visible southeast corner of Herndon Avenue and Fresno Street in Fresno, California. The property is zoned "O" Office and offers a range of space options, with a minimum divisible space of 32,056 square feet and a maximum contiguous space of 143,312 square feet. A significant 337,715 square feet is currently vacant, presenting a unique chance for immediate occupancy. Lot sizes vary from 0.736 to 3.29 acres, providing flexibility for various development plans. The property's prime location in Fresno County, with a 93720 zip code, ensures high traffic volume and excellent visibility for businesses seeking a strong presence in this thriving market. This is an ideal location for anchor tenants and smaller street-facing retail establishments. The property's versatility makes it suitable for a variety of retail and restaurant uses, offering a compelling investment opportunity for businesses seeking a prominent location in a busy commercial area. The property is categorized as Retail and Restaurant, with multiple tenancies available. This is a rare opportunity to secure a significant footprint in a high-traffic area of Fresno.

    Property Features for 0 Sec Herndon Ave. & Fresno St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    347,715 SF

    Unit(s) available at that property

    Space
    Parcel B
    Size
    39,204 SF
    Space
    Parcel D
    Size
    35,719 SF
    Space
    Parcel A
    Size
    143,312 SF
    Space
    Parcel C
    Size
    32,234 SF
    Space
    Parcel E
    Size
    87,556 SF

    HighLights

    • High‑traffic street frontage pads available.
    • Prime location within a major professional and medical office corridor.
    • Strong daytime population density.
    • Proximity to two major hospitals.
    • Anchored by two hotels and a CVS Pharmacy.
    • Convenient access to Highway 41.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.77959698
    Latitude
    36.83710762

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    FAQs

    What type of property is this?
    Restaurant - High-visibility retail spaces, Fresno, CA
    Where is this restaurant located?
    The property is located at Sec Herndon Ave. & Fresno St Fresno, CA.
    What are key features of this property?
    This property features: High-traffic street frontage pads available.; Prime location within a major professional and medical office corridor.; Strong daytime population density.
    Request Owner's contact information
    Sec Herndon Ave. & Fresno St Fresno, CA 93720
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    Fresno, CA 93720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sec Herndon Ave. & Fresno St Fresno, CA 93720
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