9439 Fort Washington RdFresno, CA 93730

Property Details for 9439 Fort Washington Rd

Year built

2006

Construction

WOOD

Lot size

2.04 AC

Property size (Sq ft)

12,672 SF

Zone code

CC

Property type

Retail properties

Property subtype

Retail space

APN

401-830-06

APU

40183006

Description

Riverview Shopping Center presents a unique opportunity for discerning businesses seeking prime retail space in northeast Fresno's affluent Woodward Park/Lake area. This Class A, 108,424 square foot shopping center boasts a highly desirable location at the intersection of Friant Road and Fort Washington Road, directly across from Woodward Park. The center comprises two freestanding multi-tenant pad buildings and a primary shops building featuring anchor tenants at each end. A significant advantage is the ample parking, providing over 5.92 spaces per 1,000 square feet (642 total stalls), ensuring convenient access for customers and potential for additional public or entertainment uses. Currently, a weekly Farmer's Market adds to the vibrant atmosphere. The center's Mediterranean architecture and inviting layout contribute to its consistent outperformance of competitors. Available spaces range from a minimum of 12,480 square feet to a maximum contiguous space of 25,704 square feet, with a total of 13,224 square feet currently vacant. This is an exceptional opportunity to establish a presence in a thriving, high-traffic retail environment. Fresno County location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,088,535

  6.5%

  $3,774,032

  7%

  $3,504,459

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,695,548

  Geo Method

  $8,906,556

• Alternative Use

  Use

  Valuation

  Residential

  $3,183,538

  Hospitality

  $2,916,103

  Educational

  $2,426,164

  Medical

  $2,509,603

  Retail

  $3,774,032

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8739

Longitude

-119.778

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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