KW Commercial & Keller Williams Pacific Estates
Listed by KW Commercial & Keller Williams Pacific Estates
$6,500,000
Southeast Fresno Strip Center Investment Opportunity
Details
Property Type Land, Industrial
Sub Type Commercial, Industrial
Square Footage 13,000
Units 95
Tenancy Single
Brand/Tenant Subway
Class B
Year Built 2008
Buildings 1
Acreage 1.620
Zoning IL
Parking Spaces 95 spaces
Parking per 1,000 SqFt 7.31
Investment Type Redevelopment
Ground Lease No
Retail | 13,000 SqFt + 4.89 Acres Land
Marketing description
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. Adjacent land ±4.89 acres offer meaningful development upside for additional pads or expansion.
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.
Investment highlights
- High-visibility corner location at S. Chestnut Ave & E. Jensen Ave
- Positioned in a dense residential trade area with strong daily-needs demand
- Proximity to Fresno Yosemite International Airport (±12-minute drive)
- Strong commuter accessibility with nearby regional corridors
- Retail corridor supported by consistent traffic volumes exceeding 15,000+ VPD
- Opportunity for stable in-place income with long-term upside through tenant mix optimization
- Compelling long‑term value creation opportunity via development of the contiguous land ±4.89 acres
Listing Contacts
KW Commercial & Keller Williams Pacific Estates
Listed by KW Commercial & Keller Williams Pacific Estates
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