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Fresno Neighborhood Retail Center 2621 S Chestnut Ave 13,000 SF Retail Building Fresno, CA 93725 $8,890,960 CAD ($683.92 CAD/SF)
Investment Highlights
- Positioned in a dense residential trade area with strong daily-needs demand
- Retail corridor supported by consistent traffic volumes exceeding 15,000+ VPD
- Zoned C-M allowing flexible commercial uses
- Strong commuter accessibility with nearby regional corridors
- Dual frontage: ±332’ on Jensen Ave & ±232’ on S. Chestnut Ave
Executive Summary
2621 S. Chestnut Avenue represents a stabilized neighborhood retail strip center located in the Southeast Fresno submarket. The property consists of approximately 13,000 square feet of general retail space situated on a 1.62-acre parcel, offering strong frontage along both S. Chestnut Avenue and E. Jensen Avenue.
Constructed in 2008, the asset is designed for single-tenant occupancy and currently features an established tenant, providing consistent foot traffic and daily-use retail demand. Its positioning at a signalized intersection enhances visibility and accessibility, making it a well-located asset within a dense residential trade area.
Constructed in 2008, the asset is designed for single-tenant occupancy and currently features an established tenant, providing consistent foot traffic and daily-use retail demand. Its positioning at a signalized intersection enhances visibility and accessibility, making it a well-located asset within a dense residential trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,000 SF
Building Class
B
Year Built
2008
Price
$8,890,960 CAD
Price Per SF
$683.92 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
C-M
Parking
95 Spaces (7.31 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 481-140-26 | Improvements Assessment | $1,083,351 CAD |
| Land Assessment | $915,508 CAD | Total Assessment | $1,998,859 CAD |
Property Taxes
Parcel Number
481-140-26
Land Assessment
$915,508 CAD
Improvements Assessment
$1,083,351 CAD
Total Assessment
$1,998,859 CAD
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Fresno Neighborhood Retail Center | 2621 S Chestnut Ave
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