High Exposure Retail Spaces Available in Downtown Fresno

For Lease

1524 Kern Street, Fresno, CA 93706

You can currently find 2 retail space(s) available for lease at High Exposure Retail Spaces Available in Downtown Fresno. Designated use type for space listed here includes retail. Current retail listings at this property total 5,610 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at High Exposure Retail Spaces Available in Downtown Fresno.

Space Available For Lease 2

Contacts

broker

Jared Ennis

KW Central California

Property Details

  • Property Type Retail - Strip
  • Property Size 16,710 SF
  • Units 4
  • Lot Size 0.34 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1938
  • Date Updated Jan 24, 2024
Located in Downtown Fresno's China Town. Located on the corner of Kern Street and "F" Street. The property is located North of Inyo Street, South of Tulare Street, West of "E" Street and East of "G" Street. This building is in close proximity to CA-41, CA-180/168 and CA-99 and is a tremendous draw and well supports the tenants near by like: the 190,000 SF IRS building, The Grand 1401, Warnors Theatre, CVS, Club One Casino, Fresno County Superior Court, Fresno County Sheriff's Office, Chuckchansi Park, Joe's Steak House, Tioga Sequoia Brewing Company, Within walking distance to the Fulton Mall and Chukchansi Triple AAA BallparkSuite H 75’ x 34’ Wide open space Accessed by three separate entrance doors with a rear storage room, 3 restrooms, and a rear private office 100% Leased Investment Opportunity: ±3,264 SF freestanding building on ±0.26 Acres (±11,514 SF) of General, Professional, and/or Medical space off Blackstone on Shields Ave. Offers (5) economical separately metered spaces leased to long-term tenants on AIR lease forms. Value-add opportunity with actual rents of $34,974.31/year collected plus upside through rent increases. After Suite #A and #B’s under-market rates are addressed and the built-in rental increases are experienced, the realistic 12-18 month stabilized gross annual income is $40,260 (15.12% upside). Unique investment offering easy-to-rent small office spaces within an under-built market (replacement value of $546K) with a strong need for these type of spaces. Once stabilized, the deal offers a 11.75% cash-on-cash return when leveraged with 30% down (1.76 DCR). Features a functional floor plan that each tenant has made substantial tenant improvements to. Multiple configurations ranging from 493 SF up to 816 SF with the ability to combine spaces to create larger units. Clean office spaces with fresh paint, new hard-surface flooring, and move-in ready spaces! Each unit has access to high speed Internet, separate meters, access to clean restrooms, private entrances (w/ secured entry gate), 20+ outdoor LED lights during the night hours, and consists of demising walls (can be combined). Brand new asphalt slurry coat, HVAC's and roof are less than 10 years old, full LED exterior lit private parking (plus street), excellent corner signage, great visibility and easy access to CA-41 and CA-99 on/off ramps.

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Highlights

  • ±1,800-5,610 SF of Retail Space Available
  • (2) Spaces Available Surrounded w/ Quality Tenants
  • Busy & Established Retail Corridor | Ample Street Parking
  • Retail/Office in Commercial Retail Strip Center
  • Well-Known Corner Retail Center + Parking
  • Walk-able Location | Densely Populated Trade Area | Quality Tenants
  • Close Proximity to Major Traffic Generators & CA-99 Ramps
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • High Pedestrian Traffic For All of Downtown Fresno
  • Fresno is the 5th largest city in CA w/ over 1M population
  • Highly Anticipated CA High Speed Rail Station ½ Mile Away

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 77/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fresno, CA
  • Neighborhood Downtown Fresno
  • Zip Code 93706
  • Market Central Valley

Points of Interest

  • eVgo

    0.65 miles

  • Arco

    0.96 miles

  • Chevron

    1.36 miles

  • Penny Wise

    1.41 miles

  • Speedway

    1.89 miles

  • 76

    1.94 miles

  • Shell

    1.97 miles

  • ChargePoint

    7.69 miles

  • Tesla Supercharger

    9.07 miles

  • Fresno County Employee Parking Garage

    0.51 miles

  • Double Tree Parking Garage

    0.52 miles

  • Convention Center Garage

    0.67 miles

  • Parking Lot T: Visitor Parking

    2.24 miles

  • Parking Lot F

    2.34 miles

  • Fresno City College Parking Structure

    2.71 miles

  • Cell Phone Waiting Lot

    4.93 miles

  • Fowler Ave Park N Ride

    6.34 miles

  • Cuca's

    0.05 miles

  • La Elegante

    0.08 miles

  • Carniceria Y Taqueria La Nueva Reyna

    0.08 miles

  • El Rancho

    0.11 miles

  • Panderia Vista Hermosa

    0.12 miles

  • China Express

    0.32 miles

  • Los Panchos

    0.35 miles

  • Joe's Steak House

    0.39 miles

  • The Breakfast Hut

    0.39 miles

  • Diners Smorgasbord

    0.40 miles

  • Family Express Food & Liquor

    0.40 miles

  • Kearney Palms Shopping Mall

    0.47 miles

  • FoodMaxx

    0.49 miles

  • Grocery Outlet

    0.95 miles

  • Ventura

    1.33 miles

  • El Super

    1.51 miles

  • CentralValleyTalk.com

    1.98 miles

  • Tower Market & Deli

    2.02 miles

  • Los Amigos

    2.44 miles

  • Shaibi Market

    2.50 miles

1524 Kern Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1524 Kern Street is located in Downtown Fresno, which is home to a total of 9 listing(s). Retail space at High Exposure Retail Spaces Available in Downtown Fresno asks $0.68/SF/MO per square foot.

  • The property includes 5,610 square feet of retail space for lease. Of this total, 5,610 square feet are Retail.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Fresno is 33. The average household income here is $32,144 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jared Ennis

KW Central California

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  2. 2Extra information