This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1127-1139 Fulton Mall

25,345 SF 100% Leased Retail Building Fresno, CA 93721 £1,538,550 (£61/SF) 3.31% Net Initial Yield

Investment Highlights

  • Long term tenants
  • Consistent foot traffic on outdoor retail mall
  • Vacant 2nd floor and basement for additional income potential

Executive Summary

An exceptional investment opportunity in Fresno's historic Fulton Mall District: a multi-tenant retail building. Prime location, diverse mix of retail, potential office spaces promising substantial return on investment. Property features adjacent retail units hosting Lili's Flowers, Madness Thrift, Discoteca Del Valle, Fulton Mini Mart, and Taqueria El Guero restaurant, ensuring steady foot traffic.1127 Fulton Street offers a compelling 2 story structure with existing tenant-occupied units on ground floor and spacious 3,750 square feet basement. Upstairs, a versatile 6,775 square foot area awaits conversion as office/retail space. With a 20+ year history of same ownership, this property offers below-market rents, presenting significant upside potential. Positioned minutes from the proposed High Speed Rail Hub, recently renovated Chukchansi Park baseball stadium, Fresno County courthouse and other government buildings, the property enjoys unparalleled connectivity to the community. Strategically located a short distance from the construction of the International Terminal at Fresno Yosemite International Airport and the modernization of Fresno State's athletic facilities, investors benefit from the anticipated increase in foot traffic and economic growth in the Central Valley. Don't miss out on this prime investment in one of Fresno's most dynamic commercial districts poised for growth. Buyer to participate in 1031 Exchange at No Cost to Buyer.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,345 SF
Building Class
B
Year Built
1948
Price
£1,538,550
Price Per SF
£61
Net Initial Yield
3.31%
NOI
£50,872
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
11 ft
Building FAR
1.71
Land Acres
0.34 AC
Opportunity Zone
Yes
Zoning
C-4 - General Planned Office & Retail Zoning
Frontage
101 ft on Fulton Mall

Amenities

  • Bus Route
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

FoodMaxx
BMO Bank
U.S. Bank
Bank of America
Community West Bank
Hummus Republic
Deli Delicious
Citi
Starbucks
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
466-212-03
Land Assessment
£139,861
Improvements Assessment
£238,938
Total Assessment
£378,799
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 32659844

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: 1127-1139 Fulton Mall, Fresno, CA 93721

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}