9
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$4,500,000
Est. payment /mo
9,448 SqFt
Active
5240 N Palm Avenue Fresno, CA 93704
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,448 sqft
Price per Sqft $476
MLS Listing ID 234125
Year Built 1989
Lot Size 1.300 Acres
Property Sub-Type Commercial
Property Description
Location
This commercial office building is located off North Palm Avenue between W Shaw Avenue and W Barstow Avenue at 5240 North Palm Avenue, Fresno, CA.
Size
This office building is +/-9,448 square feet on a +/-1.3-acre lot.
Building Use
Office building is currently rented to two (2) tenants: California Bank and Trust and Sang Medical Group
Legal
Fresno County APN: 417-140-15
Remarks
This fully leased investment property features long-term leases with two quality tenants. California Bank and Trust leases 5,273 SF through December 31, 2029, and Sang Medical Group leases 3,858 SF through January 31, 2034. The current total lease income is $20,724 per month, NNN. The property is ideally located in the highly desirable Fig Garden area, in close proximity to several other businesses.
This commercial office building is located off North Palm Avenue between W Shaw Avenue and W Barstow Avenue at 5240 North Palm Avenue, Fresno, CA.
Size
This office building is +/-9,448 square feet on a +/-1.3-acre lot.
Building Use
Office building is currently rented to two (2) tenants: California Bank and Trust and Sang Medical Group
Legal
Fresno County APN: 417-140-15
Remarks
This fully leased investment property features long-term leases with two quality tenants. California Bank and Trust leases 5,273 SF through December 31, 2029, and Sang Medical Group leases 3,858 SF through January 31, 2034. The current total lease income is $20,724 per month, NNN. The property is ideally located in the highly desirable Fig Garden area, in close proximity to several other businesses.
Location
State CA
County Fresno
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Electricity Connected, Water Connected
View Y/N N
Roof Type Flat
Building
Sewer Public Sewer
Listed by Philip J Heynen • Schuil Ag Real Estate