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Village Walk Neighborhood Center 6350-6370 N Figarden Dr 30,465 SF 100% Leased 4-Star Retail Building Fresno, CA 93722 $11,933,119 CAD ($391.70 CAD/SF) 7% Cap Rate
Investment Highlights
- 100% occupied neighborhood center generating over 461,000 annual visits with exceptional traffic of 12.46 visits per square foot.
- Located in affluent Northwest Fresno with $1.3 billion in annual consumer spending and over 101,000 residents within 3 miles.
- Anchored by Iron Office Fitness and shadow-anchored by Dollar Tree, creating consistent daily traffic and consumer demand.
- Strong in-place cash flow with $602,675 NOI and a 7.00% cap rate, offering immediate income from day one of ownership.
Executive Summary
Village Walk is a 30,465-square-foot neighborhood retail center strategically located in Northwest Fresno’s established Fig Garden Loop community. The Property is 100% occupied and generates over 461,000 annual visits, benefiting from a traffic-driving tenant mix anchored by Iron Office Fitness and shadow-anchored by Dollar Tree. Situated within a dense trade area of more than 101,000 residents and $1.3 billion in annual consumer spending, the center offers investors stable in-place cash flow, strong consumer fundamentals, and long-term upside through future lease rollover and rental growth opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
30,465 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$11,933,119 CAD
Price Per SF
$391.70 CAD
Cap Rate
7%
NOI
$835,318 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.98 AC
Zoning
M-1/CUP - Light Industrial
Parking
140 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
192’ on North Figarden Drive
Amenities
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 104
- 3,100 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 104 | 3,100 SF | Retail | - | Now |
104
| Size |
| 3,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 506-320-59S | Improvements Assessment | $1,017,618 CAD |
| Land Assessment | $508,806 CAD | Total Assessment | $1,526,424 CAD |
Property Taxes
Parcel Number
506-320-59S
Land Assessment
$508,806 CAD
Improvements Assessment
$1,017,618 CAD
Total Assessment
$1,526,424 CAD
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Village Walk Neighborhood Center | 6350-6370 N Figarden Dr
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