Property profile

6074 1st St Fresno, CA 93710

OFF-MARKET
Retail space
Property ID
US09-3125771
21,440 SF 1.98 ac lot Built 1974
Individually Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents a 21,440 square foot anchor space for lease within the established 99 Cents Only Shopping Center, located at 6074 N First St, Fresno, CA 93710. The space is ideally situated at the northeast corner of First and Bullard Avenues, benefiting from high visibility and accessibility. This prime location boasts 50,098 average daily vehicles passing the signalized intersection, and is conveniently located just three-quarters of a mile from the Highway 41 on and off ramps. The center enjoys a strong tenant mix, including 99 Cents Only, Island Pacific Supermarket, Rally's, Subway, Judy's Donuts, and Tower Smoke. The significant student population of nearby Hoover High School and Ahwahnee Middle School (over 2,000 students) provides a substantial customer base. Further enhancing the property's appeal, a new Starbucks is planned for construction adjacent to the available space. This presents a unique chance to establish a prominent presence in a thriving retail center with excellent demographics and high traffic counts. The property type is retail, specifically an anchor space, with multiple tenancies. The county is Fresno County.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction TILT-UP CONCRETE
Total area 21,440 SF
Lot 1.98 ac (86,248 SF)
Zoning code CC
APN 409-040-67
UPID US09-3125771

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Pharmacy
  • Physician
  • Building Supply General Contractor
  • (Bike/Boat/Book/etc) Store

Location

6074 1st St Fresno, CA 93710-5405
Fresno metro Census 5405 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.15M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2018
$7.9M
2006
Price N/A

Zoning & alternative use

CC · Fresno, CA
Zoning description

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…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Apartment house (5+ units) $3.5M +53.3%
Auto repair, garage $3.3M +46.5%
Office building $3.2M +41.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6074 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message