High Exposure Retail Spaces Available in Downtown Fresno

1524 Kern Street, Fresno, CA 93706

  • For Lease $0.60 - $0.75/SF/MO
  • 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

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

Spaces Available

Contacts

broker

Jared Ennis

KW Central California

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Arco

    1.45 miles

  • Arco

    1.67 miles

  • 76

    1.94 miles

  • Shell

    1.97 miles

  • Arco

    2.17 miles

  • Shell

    2.25 miles

  • Fresno County Employee Parking Garage

    0.51 miles

  • Convention Center Garage

    0.67 miles

  • Parking Lot T: Visitor Parking

    2.25 miles

  • Parking Lot F

    2.34 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

    1.35 miles

  • El Super

    1.51 miles

  • CentralValleyTalk.com

    1.98 miles

  • Los Amigos

    2.44 miles

  • Shaibi Market

    2.50 miles

  • Discount Market

    2.52 miles

Frequently Asked Questions

How much does retail space at 1524 Kern Street cost?

The asking price for retail space at 1524 Kern Street is $0.68/SF/MO. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1524 Kern Street?

The property has 5,610 square feet of rentable Retail space. Rental opportunities here are available under Modified Gross lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1524 Kern Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1524 Kern Street.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1524 Kern Street.

Is 1524 Kern Street located in a popular area for retail businesses?

The property is part of Downtown Fresno, which is home to 7 other retail listings.

Other popular areas for retail businesses in Central Valley include Hoover, Fig Garden Loop, Bullard.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Jared Ennis

KW Central California

  1. 1Main information
  2. 2Extra information