For Sale
$1,000,000

5751 Elm AveFresno, CA 93706

7,440 SF Retail Center, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
113
This 7,440 square foot retail shopping center, located at 5751 S. Elm Ave in Fresno, California (zip code 93706), presents a compelling investment opportunity. Situated at the southwest corner of Frantz and Elm Avenues in Easton, this property features five retail spaces currently occupied by a diverse mix of tenants, including Quickaroo (2,000 sq ft, month-to-month lease), Subway (1,000 sq ft, lease expiring in 2028), West America (1,340 sq ft, lease expiring in 2025), and a donut shop (2,000 sq ft, month-to-month lease). One 1,000 sq ft space is currently vacant. Current rental income is below market value, offering a significant opportunity for increased profitability through rent adjustments and conversion to triple net leases. The property's Assesor's Parcel Number (APN) is 334-190-79. This well-located retail center is priced at $1,000,000 and represents a strong addition to any investment portfolio. The property is categorized as a retail shopping center. This is a prime opportunity to acquire a well-positioned retail property with substantial upside potential.

Highlights

  • 7,440 SF retail shopping center in Fresno, CA (93706), located at 5751 S. Elm Ave.
  • Five retail spaces with a mix of tenants, including Subway and Quickaroo. One 1,000 SF space is vacant.
  • Below-market rents offer significant upside potential for increased profitability.
  • APN: 334-190-79.
  • Priced at $1,000,000.

Property Details for 5751 Elm Ave

Property type
Lifestyle centers, Power centers

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.652373085164
Longitude
-119.79140426992
5751 Elm Ave, Fresno, California

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5751 Elm Ave
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