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Investment Highlights

  • ABUNDANT PARKING & WELL-MAINTAINED
  • EXCELLENT VISIBILITY & EXPOSURE
  • ONE OF FRESNO’S LANDMARK OFFICE BUILDINGS
  • CONVENIENT ACCESS TO FREEWAY 41 & ALL AMENITIES IN NORTHEAST FRESNO MARKET
  • BANKING, SHOPPING, RESTURANTS, ENTERTIANMENT & MORE NEARBY

Executive Summary

Colliers | Fresno is proud to introduce this one-of-a-kind, landmark office building available for sale as a prime office investment in Northeast Fresno. This classic three-story office building known as the Santa Maria Building, is centrally located within the Early California Corporate Center. With a historically high occupancy rate, this Class “A” building provides a unique opportunity with substantial upside, due to the below market lease rates. True pride of ownership has kept this exceptional office building as an ageless, historic landmark property in the highly desirable Northeast Fresno market. A majority of the tenants have been in the building on longer-term leases and numerous lease renewals.

Attachments

575eLocust-OM

Property Facts In Escrow

Sale Type
Investment
Property Type
Office
Building Size
61,632 SF
Building Class
B
Year Built
1989
Price
$11,399,000
Price Per SF
$184.95
Percent Leased
94%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
21,000 SF
Slab To Slab
12’
Building FAR
0.31
Lot Size
4.57 AC
Zoning
O - Office
Parking
289 Spaces (4.62 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Costanzo & Associates
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Local attorneys office located in Fresno, California, founded in 2006.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Modified Gross
  • -

Dewberry began in 1956 when Sidney O. Dewberry started an engineering firm in Virginia. Over the decades, it grew into a multidisciplinary consultancy offering planning, design, and construction services. The company serves both public and private clients across various sectors. Its service portfolio includes architecture, environmental consulting, geospatial services, and infrastructure development. Dewberry has built a reputation for delivering complex projects nationwide while maintaining its founding principles.

  • Finance and Insurance
  • -
  • -
  • -
  • -

Equitable began in 1859 when Henry Baldwin Hyde established the company in New York City. Originally focused on life insurance, it expanded over the decades into a diversified financial services provider. Today, the company operates through three main divisions: retirement solutions, investment management via AllianceBernstein, and wealth management services. Equitable serves a wide range of clients including individuals, families, small businesses, and institutional investors. The firm maintains a significant presence in the financial sector with various products and advisory services.

  • Professional, Scientific, and Technical Services
  • -
  • $22.20
  • Modified Gross
  • Aug 2028

Galloway & Company, Inc. is a privately held architecture, engineering, and land surveying firm headquartered in Greenwood Village, Colorado. Public information indicates that the company was founded in 1982 and has since expanded into a nationally recognized design organization with registrations in all 50 states and the District of Columbia. The firm provides a full suite of integrated services, including architectural design, civil engineering, land planning, survey and mapping, traffic engineering, interior design, and related technical disciplines. Its model is based on a multidisciplinary “Full-Spectrum Approach,” emphasizing coordinated project delivery across in-house specialties to reduce the need for multiple consultants and improve project efficiency. Galloway & Company serves a wide range of clients, including commercial developers, municipalities, institutional organizations, and national retail and industrial programs.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

At Laughlin, Falbo, Levy & Moresi LLP, their litigators offer the personal attention and aggressive approach necessary to effectively represent their clients in today’s challenging environment. They have extensive experience representing insurance companies, public entities, third party administrators, and employers. While their primary focus is California workers’ compensation defense, they have supplemented this practice to benefit their clients. Today, they also provide expertise in the fields compatible with and complementary to the defense of workers’ compensation matters.

  • Professional, Scientific, and Technical Services
  • -
  • $22.20
  • Modified Gross
  • Feb 2029

LPS is more than just a CPA Firm, it is a team of dynamic individuals with a passion for numbers and a depth of knowledge in their respective areas of expertise. Their dedicated employees bring energy and pride to their work each and everyday. They work to create an environment where smart, motivated and dedicated people succeed. They strive for excellence in everyday interactions. They constantly push to be better.

  • Finance and Insurance
  • -
  • -
  • -
  • -

RiverPark Financial Group offers a straightforward approach to building financial strategies focused around the client, their schedule, their circumstances, and their objectives. RiverPark takes the time to understand clients' needs, explain different options to them and earn their trust before offering possible solutions.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Since 1950, Ryan, Christie, Quinn & Horn has been an active and respected community member throughout California’s Central Valley. Although Ryan, Christie, Quinn & Horn is based in Fresno, California, its client representation extends throughout California and several other states. Ryan, Christie, Quinn & Horn’s Professional Staff has extensive experience, with individual experience ranging from 12 years to 47 years. Their experienced staff distinguishes them from other firms, which generally have significantly less experienced staff below the partner level.

  • Construction
  • -
  • -
  • -
  • -

Spalding G. Wathen grew up in Fresno, attended local schools, and built homes in Fresno beginning in 1950, following in his father’s footsteps. “Headliner Homes” came to be in 1953, and “Mansionette Homes” started in 1964. Nearly 60 years later, the Wathen family has constructed over 10,000 Mansionettes in the Central Valley. A Spalding G. Wathen original Mansionette is legendary in the Central San Joaquin Valley for its attention to detail. If it’s a well-built home, it’s most likely a Wathen Mansionette. Although Spalding passed away in 2005, his immediate family is proud to carry on the legacy of quality homes at reasonable prices. That’s the attitude Spalding brought to every home, which still guides his family three generations later.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Modified Gross
  • -

Wilcox, Hokokian, Bains & Dill has been providing clients personalized tax and accounting services since 1991. With their certified training and expansive financial knowledge, they are equipped to handle all of clients' accounting needs, no matter how complex. Whether clients require assistance at the corporate or personal level, Wilcox, Hokokian, Bains & Dill is ready to serve as tax planners and accounting advisors.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Costanzo & Associates Professional, Scientific, and Technical Services - - - -
Professional, Scientific, and Technical Services - - Modified Gross -
Finance and Insurance - - - -
Professional, Scientific, and Technical Services - $22.20 Modified Gross Aug 2028
Professional, Scientific, and Technical Services - - - -
Professional, Scientific, and Technical Services - $22.20 Modified Gross Feb 2029
Finance and Insurance - - - -
Professional, Scientific, and Technical Services - - - -
Construction - - - -
Professional, Scientific, and Technical Services - - Modified Gross -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 120
  • 3,988 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 120 3,988 SF Office - Now

1st Fl-Ste 120

Size
3,988 SF
Space Use
Office
Condition
-
Available
Now

Property Taxes

Property Taxes

Parcel Number
303-201-10
Land Assessment
$1,927,008
Improvements Assessment
$7,648,278
Total Assessment
$9,575,286
  • Listing ID: 37654665

  • Date on Market: 9/12/2025

  • Last Updated:

  • Address: 575 E Locust Ave, Fresno, CA 93720

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