7590 Colonial AveFresno, CA 93711
- Office properties
- 8,595 SF
Property Details for 7590 Colonial Ave
- Year built
- 2016
- Construction
- WOOD
- Lot size
- 0.58 AC
- Property size (Sq ft)
- 8,595 SF
- Zone code
- IL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 405-546-01
- APU
- 40554601
Description
This exceptional executive office suite, totaling approximately 1,895 rentable square feet, is situated within the prestigious Palm Bluff Corporate Center in Fresno County. The suite is part of a larger, two-story Class "A" office building offering a prime location with convenient access to Freeway 41 and a wealth of nearby amenities, including restaurants, banks, and retail establishments. The space is currently available as a warm shell and is offered at a lease rate of $2.25 per square foot, triple net (NNN). The lease includes approximately 31 parking stalls. The building boasts prominent monument signage opportunities. This particular suite features four private offices, providing ample space for a team or individual executive. Shared amenities include a conference room, kitchen facilities, and printing stations, enhancing productivity and convenience. Alternatively, individual executive offices are available for lease at a full-service rate of $1,250 per month. The total building encompasses 8,595 square feet, and the property is configured for multiple tenancies. This presents a unique opportunity to secure a high-quality, well-located office space in a thriving business environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,886,475
- 6.5%
- $1,741,362
- 7%
- $1,616,979
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,263,824
- Geo Method
- $2,397,232
-
Alternative Use
- Use
- Valuation
- Residential
- $2,159,289
- Hospitality
- $1,977,897
- Educational
- $1,645,587
- Medical
- $1,702,181
- Retail
- $2,559,802
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.8476
- Longitude
- -119.804
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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