0 Sec Herndon & Hayes Ave Fresno, CA 93722
This exceptional retail opportunity encompasses a 22,900 square foot building situated on Fresno's West Herndon corridor, a major commercial artery. The property offers three available spaces, ranging from 1,100 to 12,900 contiguous square feet, making it ideal for a variety of retail uses. Its prime location is just one mile from the Herndon/99 freeway on and off-ramps, and adjacent to Veterans Boulevard, with the 99 interchange project slated for completion in 2023. This ensures excellent accessibility and high visibility. The property benefits from being in a thriving retail hub in West Fresno, boasting approximately 1 million square feet of existing and planned retail space. The area is characterized by high traffic counts, strong household incomes, and significant residential growth, promising a robust customer base. This is a rare chance to establish a presence in a rapidly expanding and highly desirable retail location. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants to customize the space to their specific needs. Cross streets are Herndon and Hayes Avenues, located in Fresno County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.