For Sale
$888,000

17 Shaw AveClovis, CA 93612

High-visibility retail space, strong lease in place.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1,050-square-foot storefront at 17 W Shaw Ave, Clovis, CA 93612, is offered for sale at $888,000. The property boasts a prime corner lot location at the intersection of Shaw and Minnewawa Avenues, benefiting from high visibility and traffic counts exceeding 52,000 cars per day. Currently operating under a triple-net (NNN) lease with a single tenant, the property enjoys 100% occupancy with three years remaining on the lease. Built in 1964, this mixed-use building is zoned C1 and sits on a 0.3-acre lot. The property's strong location within a thriving retail corridor, near major retailers such as Walmart, Target, Home Depot, and Costco, ensures consistent foot traffic and high visibility. The area's dense population, exceeding 385,000 within a 5-mile radius, further enhances the investment potential. The asking price equates to $845.71 per square foot, with a projected cap rate of 5%. This presents a compelling investment opportunity for buyers seeking a stable, high-traffic retail property in a desirable Clovis location.

Highlights

  • High visibility from all four corners of the intersection.
  • Hard corner location with signalized intersection, experiencing over 52,000 cars per day.
  • Strong demographics: Over 385,000 residents within a 5-mile radius.

Property Details for 17 Shaw Ave

Property type
Retail properties, Office properties
Square Feet
1,050 SF
Year Built
1964
Lot Size (sq. ft)
13,068 SF
Units
1

Location Insight

City
Clovis
County
Fresno
State
California
Latitude
36.8088028
Longitude
-119.709391
17 Shaw Ave, Clovis, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
17 Shaw Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message