6800 Milburn AveFresno, CA 93722

Property Details for 6800 Milburn Ave

Year built

2007

Construction

TILT-UP CONCRETE

Lot size

1.60 AC

Property size (Sq ft)

15,523 SF

Zone code

CC

Property type

Retail properties

Property subtype

Retail space

APN

507-030-43S

APU

50703043S

Description

The Crossing Shopping Center, located at the southeast corner of Herndon and Milburn Avenues in Fresno, California, offers exceptional retail space for lease. This multi-tenant property boasts a total of 33,756 square feet, currently entirely vacant and available for immediate occupancy. The space is highly divisible, with a minimum leasable area of 1,000 square feet and a maximum contiguous space of 30,700 square feet, providing flexibility for businesses of various sizes. The center benefits from a prime location at a high-visibility intersection, experiencing an average daily traffic count exceeding 46,000 vehicles. Its convenient proximity to Highway 99 and the Herndon Avenue on/off ramp ensures excellent accessibility for customers. Furthermore, the surrounding trade area demonstrates robust residential growth and high household incomes, presenting a strong and stable market for retail businesses. This presents a unique opportunity for businesses seeking high visibility and a thriving customer base in a rapidly developing area of Fresno County. The property's size and flexibility make it ideal for a variety of retail concepts, from smaller boutiques to larger anchor tenants. Contact us today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,008,391

  6.5%

  $4,623,130

  7%

  $4,292,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,751,972

  Geo Method

  $10,910,390

• Alternative Use

  Use

  Valuation

  Residential

  $3,899,783

  Hospitality

  $3,572,180

  Educational

  $2,972,012

  Medical

  $3,074,224

  Retail

  $4,623,130

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8366

Longitude

-119.878

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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