CA > Fresno
Fresno, CA 93704,5240 N Palm Avenue
Fresno, CA 93704,5240 N Palm Avenue
Fresno, CA 93704,5240 N Palm Avenue
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$4,500,000
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9,448 SqFt
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5240 N Palm Avenue Fresno, CA 93704

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Brent Cate

Brent Cate

+1(559) 304-6188

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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.

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

Tulare County MLS (TCMLS)
Listed by Philip J Heynen • Schuil Ag Real Estate

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agent

Brent Cate

License ID: 01482878

+1(559) 304-6188

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5240 N Palm Avenue

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