1312 Herndon Ave Fresno, CA 93711

This 4,436 square foot traditional office building in Fresno, California, is currently 100% leased to a single tenant with a lease expiring in mid-2027. The tenant, however, is willing to vacate earlier if a buyer wishes to occupy the space sooner, offering flexibility for the new owner. The asking price is $1,595,000, representing a compelling cap rate of 5.96% and a price per square foot of $359.56. The building, constructed in 2006, sits on a 0.6-acre lot at 1312 W Herndon Ave, Fresno, CA 93711. The property boasts a strong net operating income (NOI) of $94,997. Its convenient location offers easy access to freeways 41 and 99, placing it within minutes of various banking, restaurant, and retail services. The tenant's planned relocation provides a potential opportunity for owner-occupancy or a new lease agreement upon their departure. This presents a solid investment opportunity with significant upside potential.