7590 Colonial AveFresno, CA 93711

  • Office properties
  • 8,595 SF
For Lease
$27/SF/YR View listing

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
7590 Colonial Ave, Fresno, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,755
$455,685
$1,415,305
$1,870,990
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