575 E. Locust Avenue - Santa Maria Building
Office | 61,632 SqFt
Marketing description
Colliers | Fresno is proud to introduce this one-of-a-kind, landmark office building available for sale as a prime office investment in Northeast Fresno. This classic three-story office building known as the Santa Maria Building, is centrally located within the Early California Corporate Center. With a historically high occupancy rate, this Class “A” building provides a unique opportunity with substantial upside, due to the below market lease rates. True pride of ownership has kept this exceptional office building as an ageless, historic landmark property in the highly desirable Northeast Fresno market. A majority of the tenants have been in the building on longer-term leases and numerous lease renewals.
Investment highlights
• Currently ±93% leased
• New roof surface to flat section; August 2025
• Tenant balconies on floors 2 & 3
• Well maintained building common areas
• Less than .5 miles to Herndon/Freeway 41 on/off ramps
• Within walking distance to St. Agnes and Kaiser hospitals
• Priced well below replacement value
• Accessibility Compliance 7/18/2023 – substantial ADA compliance site work completed in common areas
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