660 W Locust Ave
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660 W Locust Ave
18,050 SF 50% Leased Office Building Fresno, CA 93650 $4,395,000 ($243/SF) 6.01% Cap Rate
Investment Highlights
- 4 suite multi-tenant office building
- Abundant parking at approximately 6 stalls per 1,000 square feet
- Potential owner-user opportunity with stable occupancy in the other 3 suites
- Prime Palm Bluffs location, near all major services and amenities
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,050 SF
Building Class
B
Year Built
2004
Price
$4,395,000
Price Per SF
$243
Cap Rate
6.01%
NOI
$264,305
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,050 SF
Slab To Slab
12’
Building FAR
0.25
Lot Size
1.63 AC
Zoning
SPLIT - IL (Light Industrial, City of Fresno)
Parking
100 Spaces (5.54 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
8,947 SF Available.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 8,947 SF | Office | - | Now |
1st Fl-Ste 102
| Size |
| 8,947 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 102
| Size | 8,947 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
8,947 SF Available.
PROPERTY TAXES
| Parcel Number | 405-550-77 | Improvements Assessment | $2,600,000 |
| Land Assessment | $1,200,000 | Total Assessment | $3,800,000 |
PROPERTY TAXES
Parcel Number
405-550-77
Land Assessment
$1,200,000
Improvements Assessment
$2,600,000
Total Assessment
$3,800,000
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660 W Locust Ave
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