7108 Fresno StFresno, CA 93720

Property Details for 7108 Fresno St

Year built

1992

Construction

STEEL FRAME

Lot size

3.40 AC

Property size (Sq ft)

60,204 SF

Zone code

O

Property type

Office properties

Property subtype

Office buildings

APN

303-640-13S

APU

30364013S

Description

This exceptional Class A medical office complex, known as Woodward Centre, is strategically located at 7108 N Fresno St, Fresno, CA 93720, near Herndon Avenue. Built in 1999, this impressive property comprises three buildings, each four stories high, offering a total of ample space for medical professionals. The property is zoned C-P and situated in Fresno County. The complex boasts multiple tenancies, providing flexibility for various medical practices. A significant upgrade includes the conversion of over 800 parking stalls into covered parking, enhanced by the addition of solar panels. Further improvements include the transformation of existing water features into attractive green spaces, promoting tenant enjoyment and water conservation. Tenants benefit from a newly constructed conference center located within the 7110 N. Fresno Street building. This state-of-the-art facility offers amenities such as wireless internet access, teleconferencing capabilities, and a comfortable break room. The conference center offers various configurations to accommodate meetings and workshops of all sizes and is available to all tenants via reservation. This prime location, coupled with modern amenities and sustainable upgrades, makes Woodward Centre an unparalleled opportunity for medical practices seeking a prestigious and efficient workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $13,213,887

  6.5%

  $12,197,434

  7%

  $11,326,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,852,501

  Geo Method

  $16,791,498

• Alternative Use

  Use

  Valuation

  Residential

  $15,124,818

  Hospitality

  $13,854,252

  Educational

  $11,526,575

  Medical

  $11,922,992

  Retail

  $17,930,228

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8398

Longitude

-119.781

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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