1445 Shaw AveClovis, CA 93611

Property Details for 1445 Shaw Ave

Year built

1997

Construction

TILT-UP CONCRETE

Lot size

3.85 AC

Property size (Sq ft)

44,432 SF

Zone code

PCC

Property type

Retail space

APN

498-033-16

APU

49803316

Description

Market Place Shopping Center presents a prime retail opportunity in Clovis, CA. This multi-tenant shopping center boasts a highly visible location at the northeast corner of Shaw and Sunnyside Avenues, a signalized intersection experiencing significant vehicular traffic. Shaw Avenue, Clovis' primary retail corridor, ensures high visibility and accessibility for potential tenants. The center is strategically positioned across the intersection from the substantial Sierra Vista Mall (approximately 690,000 square feet) and FoodsCo Shopping Center, further enhancing its high-traffic appeal. Currently, the center is shadow-anchored by established businesses including Hobby Lobby, Office Max, and Yosemite Falls Cafe, providing a strong existing tenant base and attracting a diverse customer demographic. The available space totals 7,740 square feet, offering significant potential for a variety of retail uses. The surrounding area is densely populated with national retailers such as Lowe's, Kohl's, FoodMaxx, Target, Big Lots, and Cinemas 16, creating a vibrant and thriving retail environment. This location offers exceptional visibility, strong foot traffic, and a proven track record of success, making it an ideal investment for discerning retail businesses seeking a prominent presence in a high-demand market. One space of 7,740 square feet is currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $14,335,685

  6.5%

  $13,232,940

  7%

  $12,287,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,464,063

  Geo Method

  $31,229,174

• Alternative Use

  Use

  Valuation

  Residential

  $11,162,480

  Hospitality

  $10,224,771

  Educational

  $8,506,890

  Medical

  $8,799,455

  Retail

  $13,232,940

Location Insight

City

Clovis

County

Fresno

State

California

Latitude

36.8097

Longitude

-119.689

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].