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Fig Garden Financial Center - 5250 North Palm Avenue

Off-Market

5250 North Palm Avenue, Fresno, CA 93704

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  • Property Type Office
  • Property Size 126,346 Sqft
  • Lot Size 13.24 Acre
  • Building Class A
  • Year Built 1985

Location

  • City Fresno, CA
  • Neighborhood Bullard
  • Zip Code 93704
  • Market Central Valley

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 01 Jun, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Fresno

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Fresno Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.42
  • 2020 Office Vacancy Rate 9.26%
  • 2020 Office Completions (Sqft) 115,166
View more Fresno market trends

Tax

  • Property Tax in 2021-2022 $707,834
  • Market Value $55,647,285
  • Assessed Value $55,647,285

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Fig Garden Financial Center - 5250 North Palm Avenue?

Fig Garden Financial Center - 5250 North Palm Avenue totals 126,346 square feet.

When was this property built?

Fig Garden Financial Center - 5250 North Palm Avenue was built in 1985.

When was Fig Garden Financial Center - 5250 North Palm Avenue last sold?

Fig Garden Financial Center - 5250 North Palm Avenue was last sold on 01 Jun, 2017.

What is the property tax for Fig Garden Financial Center - 5250 North Palm Avenue?

The property tax for Fig Garden Financial Center - 5250 North Palm Avenue in 2021-2022 was $707,834.

What is the market value for Fig Garden Financial Center - 5250 North Palm Avenue?

The market value for Fig Garden Financial Center - 5250 North Palm Avenue in 2021-2022 was $55,647,285.

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