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660 W Locust Ave 18,050 SF 1% Leased Office Building Fresno, CA 93650 $4,000,000 ($221.61/SF) 6.61% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Potential owner-user opportunity with stable occupancy in the other 3 suites
  • Prime Palm Bluffs location, near all major services and amenities
  • Abundant parking at approximately 6 stalls per 1,000 square feet

EXECUTIVE SUMMARY

For Sale or Lease.

ATTACHMENTS

660wLocust_Sale

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,050 SF
Building Class
B
Year Built
2004
Price
$4,000,000
Price Per SF
$221.61
Cap Rate
6.61%
NOI
$264,305
Percent Leased
1%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,050 SF
Slab To Slab
12’
Building FAR
0.25
Lot Size
1.63 AC
Zoning
SPLIT - IL (Light Industrial, City of Fresno)
Parking
100 Spaces (5.54 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 102
  • 8,947 SF
  • Office
  • -
  • Now

8,947 SF is Available.

Space Size Space Use Condition Available
1st Fl-Ste 102 8,947 SF Office - Now

1st Fl-Ste 102

Size
8,947 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 102

Size 8,947 SF
Space Use Office
Condition -
Available Now

8,947 SF is Available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
405-550-77
Land Assessment
$1,200,000
Improvements Assessment
$2,800,000
Total Assessment
$4,000,000
  • Listing ID: 22590694

  • Date on Market: 3/29/2021

  • Last Updated:

  • Address: 660 W Locust Ave, Fresno, CA 93650

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