3675 Shaw AveFresno, CA 93711

Property Details for 3675 Shaw Ave

Year built

2005

Construction

WOOD

Lot size

2.36 AC

Property size (Sq ft)

24,491 SF

Zone code

RMX

Property type

Retail space

APN

424-021-26

APU

42402126

Description

Shaw Marketplace, located on West Shaw Avenue in Fresno, California, presents a prime retail opportunity. This prominent shopping center boasts a large, available junior anchor space of approximately 11,088 square feet, situated as an endcap unit directly across from Hometown Buffet. The space offers excellent visibility and accessibility, benefiting from ample parking for customers. The entire center comprises one building with three suites, and this particular space is part of a multi-tenant retail environment. The minimum divisible space is 3,765 square feet, providing flexibility for various business needs. The property is zoned C-3 by the City of Fresno, within Fresno County. The total vacant space within the center is 19,981 square feet, indicating significant potential for expansion or additional leasing opportunities. The property's location on West Shaw Avenue ensures high traffic volume and exposure to a substantial customer base. This is one of the largest shopping centers in its immediate area, offering a strong foundation for a successful retail venture. The address is easily accessible via N Brawley Ave. The property is ideal for businesses seeking a high-visibility location with ample space in a well-established shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $7,901,856

  6.5%

  $7,294,020

  7%

  $6,773,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,075,022

  Geo Method

  $17,213,578

• Alternative Use

  Use

  Valuation

  Residential

  $6,152,780

  Hospitality

  $5,635,913

  Educational

  $4,689,014

  Medical

  $4,850,276

  Retail

  $7,294,020

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8058

Longitude

-119.86

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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