5540 Kings Canyon RdFresno, CA 93727

  • Retail properties
  • 30,723 SF
For Lease

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
5540 Kings Canyon Rd, Fresno, California

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

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
$11,910
$1,300,000
$1,000,000
$2,300,000
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-
-
-

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