5540 Kings Canyon RdFresno, CA 93727
- Retail properties
- 30,723 SF
Property Details for 5540 Kings Canyon Rd
- Year built
- 1960
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.82 AC
- Property size (Sq ft)
- 30,723 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 472-060-30
- APU
- 47206030
Description
Sunnyside Square, a 30,723 square foot retail shopping center located at 5540 E Kings Canyon Rd, Fresno, CA 93727, presents a unique investment opportunity. This single-story, 1960-built property sits on 2.82 acres and is zoned C2 (Community Shopping Center District), offering significant potential for growth. Currently, there is 12,044 square feet of vacant space available, including one immediately available unit of 2,684 square feet, ideal for a variety of retail or restaurant uses. The property boasts a strong tenant mix, including established businesses such as Rite Aid, Chevron, DD's Discounts, Dollar Tree, Walgreens, Starbucks, Taco Bell, and Panda Express, ensuring high visibility and foot traffic. The location benefits from exceptional daily traffic counts, with Kings Canyon Road seeing 23,744 vehicles per day and Clovis Avenue recording 13,570 vehicles per day. The property's APN is 472-060-30. This prime location and established tenant base make Sunnyside Square an attractive proposition for businesses seeking high-traffic exposure in a thriving Fresno community. The property's multiple tenancy structure provides flexibility and diverse income streams. This is an exceptional opportunity to establish or expand your business in a well-established retail center.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,402,564
- 6.5%
- $5,910,060
- 7%
- $5,487,912
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,280,876
- Geo Method
- $21,593,758
-
Alternative Use
- Use
- Valuation
- Residential
- $4,985,356
- Hospitality
- $4,566,560
- Educational
- $3,799,324
- Medical
- $3,929,988
- Retail
- $5,910,060
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.7351
- Longitude
- -119.701
- 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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