4224 Shields Ave Fresno, CA 93726-7120
Property summary
This exceptional retail opportunity presents a 17,226 square-foot former Rite Aid pharmacy located at 4224 E. Shields Avenue in Fresno, California, 93726. The property boasts a single-tenant configuration, ideal for a variety of retail uses. Its strategic location at the intersection of Cedar and Shields Avenues offers unparalleled visibility and accessibility, with a combined daily traffic count exceeding 76,990 vehicles. Furthermore, its proximity to Freeway 168, less than a quarter-mile away, provides convenient access to a substantial daily traffic volume of approximately 93,513 vehicles via on and off ramps located directly on Shields Avenue. This high-traffic location ensures significant exposure to potential customers. The property is situated in Fresno County and offers a substantial footprint for a business seeking a prominent presence in a busy commercial area. The building's previous use as a pharmacy suggests existing infrastructure suitable for retail operations. This prime retail space presents a unique opportunity for businesses seeking high visibility and convenient access in a densely populated area of Fresno. The property is ready for immediate occupancy and offers significant potential for growth and success.
Property profile
VerifiedCap rate & NOI
Current use
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Crypto Atm Atm
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Restaurant Take-out & Catering
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Pharmacy
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Pharmacy
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Atm
Value estimations
Owner & transaction history
Zoning & alternative use
CC: Medium-scale development that serves local needs such as convenience shopping & offices CR: Large, urban-scale retail, office, civic/entertainment uses to meet local and regional demands CG: A range of retail/service…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Fresno, CACC: Medium-scale development that serves local needs such as convenience shopping & offices CR: Large, urban-scale retail, office, civic/entertainment uses to meet local and regional demands CG: A range of retail/service…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Fresno, CA.
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Find the owner behind the property.
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