6074 1St StFresno, CA 93710

Property Details for 6074 1St St

Year built

1974

Construction

TILT-UP CONCRETE

Lot size

1.98 AC

Property size (Sq ft)

21,440 SF

Zone code

CC

Property type

Retail properties

Property subtype

Retail space

APN

409-040-67

APU

40904067

Description

This exceptional retail opportunity presents a 21,440 square foot anchor space for lease within the established 99 Cents Only Shopping Center, located at 6074 N First St, Fresno, CA 93710. The space is ideally situated at the northeast corner of First and Bullard Avenues, benefiting from high visibility and accessibility. This prime location boasts 50,098 average daily vehicles passing the signalized intersection, and is conveniently located just three-quarters of a mile from the Highway 41 on and off ramps. The center enjoys a strong tenant mix, including 99 Cents Only, Island Pacific Supermarket, Rally's, Subway, Judy's Donuts, and Tower Smoke. The significant student population of nearby Hoover High School and Ahwahnee Middle School (over 2,000 students) provides a substantial customer base. Further enhancing the property's appeal, a new Starbucks is planned for construction adjacent to the available space. This presents a unique chance to establish a prominent presence in a thriving retail center with excellent demographics and high traffic counts. The property type is retail, specifically an anchor space, with multiple tenancies. The county is Fresno County.

• CAP approach

  CAP return

  Valuation

  6%

  $6,917,471

  6.5%

  $6,385,358

  7%

  $5,929,261

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,944,488

  Geo Method

  $15,069,173

• Alternative Use

  Use

  Valuation

  Residential

  $5,386,288

  Hospitality

  $4,933,811

  Educational

  $4,104,873

  Medical

  $4,246,046

  Retail

  $6,385,358

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8243

Longitude

-119.771

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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