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Willow Plaza Shopping Center 770-790 W Shaw Ave 81,079 SF 100% Leased Retail Building Clovis, CA 93612 $23,464,929 CAD ($289.41 CAD/SF)
Investment Highlights
- Willow Plaza offers investors a stabilized, grocery-anchored shopping center with a strong in-place income foundation and Iong term upside.
- Ample parking and multiple ingress/egress points
- High visibility and access at the heavily traveled intersection of Shaw & Willow Avenues
- Willow Plaza is strategically positioned in Clovis, California, a high growth city in the northeast quadrant of the Fresno-Clovis Metropolitan Area.
Executive Summary
stream and significant mark-to-market upside as below-market leases roll, driving projected NOI growth from $921,645 in Year 1 to potentially over Colliers | Fresno is pleased to exclusively offer Willow Plaza, an 81,079 SF grocery-anchored shopping center located at the signalized corner of Shaw and Willow Avenues in Clovis, California (±104,648 ADT). Offered at $17,200,000, the center is anchored by Smart & Final Extra! and Dollar Tree, complemented by a necessity-based, internet-resistant tenant mix including U.S. Army Recruiting, Cricket Wireless, and multiple food & service operators. The property is 100% occupied with a stable in-place income stream and significant mark-to-market upside as below-market leases roll, driving projected NOI growth from $921,645 in Year 1 to potentially over $1,107,981 by Year 3. Other long term reposition strategies include right sizing Dollar Tree and leasing out the remaining space at market.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
- -
- -
- -
- -
Dollar Tree started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.
- Fresno County Economic
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Retailer
- -
- $10.23 CAD
- Triple Net
- Apr 2017
Tandy Leather, founded in 1919 in Fort Worth, Texas, is a publicly traded specialty retailer and wholesale distributor of leathercraft materials, tools, kits, and related products. Operating under the ticker symbol TLF on NASDAQ, the company serves hobbyists, businesses, the military, and first responders through its North American retail stores, one location in Spain, online platforms, and commercial division. Key milestones include a strategic name change from The Leather Factory to Tandy Leather Factory in 2005, and consistent product expansion under brands like Eco-Flo and CraftoolPro. The company remains headquartered in Fort Worth with leadership focused on operational efficiency and retail expansion.
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- Health Care and Social Assistance
- -
- $21.77 CAD
- -
- Aug 2022
The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) is a free food and nutrition education program for pregnant, breastfeeding, and postpartum women, infants, and children under age five who have a low income (up to 185% of the federal poverty level) and are at nutritional risk. Funded by the United States Department of Agriculture (USDA), WIC provides nutrition education, breastfeeding promotion and support, referrals for family resources, and free supplemental foods for pregnant, breastfeeding, and postpartum women, infants, children, and eligible low-income families. The WIC nutrition program is a short-term plan designed to influence lifetime healthy eating and other healthy behaviors in this focused, high-risk population. Their nutrition plan provides healthy foods to those who need it the most. With the help of WIC, mothers, infants, and children are provided with nutritious foods like fruits and vegetables as well as other supportive resources.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | - | - | |
| Fresno County Economic | Health Care and Social Assistance | - | - | - | - | |
|
|
Retailer | - | $10.23 CAD | Triple Net | Apr 2017 | |
|
|
Health Care and Social Assistance | - | $21.77 CAD | - | Aug 2022 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 430-500-61 | Improvements Assessment | $15,688,761 CAD |
| Land Assessment | $4,774,840 CAD | Total Assessment | $20,463,601 CAD |
Property Taxes
Presented by
Willow Plaza Shopping Center | 770-790 W Shaw Ave
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