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1,124 Commercial Real Estate Listings in Fresno, CA

Fresno, CA Commercial Real Estate

There are currently 1,123 commercial listings available in Fresno, CA. These listings include 526 commercial spaces that encompass a total of 5,534,684 square feet. Available commercial spaces in Fresno, CA range in size from 1 square feet to 537,976 square feet. A total of 593 off-market commercial properties located in Fresno, CA are also available for research.

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Fresno, CA Economic Overview

Location Photo

Fresno is the county seat of Fresno County and is located in South San Joaquin Valley, in the southern part of the Central Valley area of California. While the city itself is home to about 520,000 people, the Fresno MSA has nearly 1 million residents, drawn to the area by its diverse job market and the overall affordability. The demand for commercial real estate in Fresno is driven in large part by the area's strategic location as a transportation hub for all of Central California.

Fresno is the economic center of the San Joaquin Valley. While the economy in Fresno is tied primarily to the agriculture, entertainment and health care industries, health care also makes a significant contribution to the local economy.

With a median household income of over $43,000 a year and an average annual salary of just under $44,000, Fresno has established itself as a location to do business that is much more cost-effective than other parts of California, while at the same time providing a generous labor pool and a centralized location for business.

Fresno, CA Commercial Inventory Breakdown

In 2021 the Fresno, CA commercial real estate market totaled 8,927,780 square feet of office spaces, 11,702,032 square feet of office spaces with retail, and 35,207,554 square feet of industrial space.

Office Spaces

Total: 8,927,780 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 4,726,855 SqFt 52.95% of total office
100k to 500k SqFt 3,668,949 SqFt 41.1% of total office
500k to 1M SqFt 531,976 SqFt 5.96% of total office
By class:
Class A 3,199,264 SqFt 35.83% of total office
Class B 3,976,564 SqFt 44.54% of total office
Class C 1,289,229 SqFt 14.44% of total office
Roughly 5.96% of the total office space in Fresno, CA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 52.95% of the office inventory.

Class A office space holds a 35.83% share of the overall Fresno, CA office market, while Class B office assets make up approximately 44.54%.

Industrial

Total: 35,207,554 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 7,263,605 SqFt 20.63% of total industrial
100k to 500k SqFt 20,627,926 SqFt 58.59% of total industrial
500k to 1M SqFt 6,234,567 SqFt 17.71% of total industrial
> 1M SqFt 1,081,456 SqFt 3.07% of total industrial
By class:
Class A 9,545,250 SqFt 27.11% of total industrial
Class B 24,637,419 SqFt 69.98% of total industrial
Class C 1,024,885 SqFt 2.91% of total industrial
There are 20,627,926 square feet of commercial real estate properties between 100k to 500k square feet, representing 58.59% of the Fresno, CA industrial inventory. Class A assets total 9,545,250 square feet of industrial space, with an additional 24,637,419 square feet of Class B and 1,024,885 square feet of Class C properties.

Office Spaces with Retail

Total: 11,702,032 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,433,466 SqFt 29.34% of total office with retail
100k to 500k SqFt 5,646,641 SqFt 48.25% of total office with retail
500k to 1M SqFt 596,390 SqFt 5.1% of total office with retail
> 1M SqFt 2,025,535 SqFt 17.31% of total office with retail

Fresno, CA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total Sqft
Fresno, CA Office 277 2,341,174
Fresno, CA Retail 122 1,085,827
Fresno, CA Industrial 67 1,213,681
Fresno, CA Other 530 5,534,684
Ofice Icon

277

Office

Industrial Icon

67

Industrial

Retail Icon

122

Retail

Current local active listing encompass 10,175,366 square feet of commercial space for lease in Fresno. There are 277 active office listings, which amount to 2,341,174 square feet and account for 27% of commercial spaces on the market. Local retail availability includes 1,085,827 square feet across 122 listings. Current industrial offerings on the market amount to 1,213,681 square feet across a total of 67.

Employment in Fresno, CA

Employed Population 224,248

Employed population - Industry % Distribution

Management, business, science, and arts occupations

31%

Service occupations

23%

Sales and office occupations

20%

Production, transportation, and material moving occupations

15%

Natural resources, construction, and maintenance occupations

11%

In 2019, roughly 31% of a total of 224,248 employed in Fresno worked in Management, business, science, and arts occupations, followed by 23% in Service occupations and 20% in Sales and office occupations.

Income per capita $23,739  Median household income $53,161

Household income

47%

Under $50k

30%

$50k - $100k

19%

$100k - $200k

4%

Over $200k

The median household income in Fresno stands at $53,161, with per capita income at $23,739. Households earning between $50k and $100k represent 30% of the total, while those earning over $200k make up 4%. Approximately 47% of Fresno households earn less than $50k per year.

Commuting in Fresno, CA

Mean travel time to work 23 minutes

Means of transportation to work

76.90%

Driving alone

13.40%

Carpool

1.50%

Public transit

0.20%

Bicycle

1.30%

Walking

1.10%

Other

5.60%

Work at Home

*Universe: Workers 16 and over

Education in Fresno, CA

High school grad or higher 77%

Bachelor's degree or higher 22%

Population by minimum level of education

23%

No degree

23%

High school

33%

Some College

15%

Bachelor's

7%

Post-grad

*Universe: Workers 25 and over

An estimated 77% of Fresno residents aged 25 or over hold a high school degree or higher. Of those, 23% are high school graduates, 33% attended some college, 15% earned a bachelor's degree, with an additional 7% holding post-graduate degrees.

Fresno, CA Demographics

As of 2019, Fresno had a total population of 531,581, with a median age of 31.80 years. Roughly 64.70% of the total population was between the ages of 16 and 64 years old.