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5240 N Palm Avenue

Fresno, CA 93704
  • $4,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 234125
UPDATED: 17 min ago
$4,500,000
  • 0
    BEDS
  • 1.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,448
    SQFT
  • $476
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

Location This commercial office building is located off North Palm Avenue between W Shaw Avenue and W Barstow Avenue at 5240 North Palm Avenue, Fresno, CA. Size This office building is +/-9,448 square feet on a +/-1.3-acre lot. Building Use Office building is currently rented to two (2) tenants: California Bank and Trust and Sang Medical Group Legal Fresno County APN: 417-140-15 Remarks This fully leased investment property features long-term leases with two quality tenants. California Bank and Trust leases 5,273 SF through December 31, 2029, and Sang Medical Group leases 3,858 SF through January 31, 2034. The current total lease income is $20,724 per month, NNN. The property is ideally located in the highly desirable Fig Garden area, in close proximity to several other businesses.

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© 2025 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Fresno Realty | London Properties. Data last updated: 2025-04-19T10:16:34.953.
www.yourfresnorealty.com/homes/161665421
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5240 N Palm Avenue Fresno, CA 93704

  • Price: $4,500,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 17 min ago
  • ID#: 234125
0
Beds
0
Baths
0
½ Baths
1.3
Acres
9,448
SQFT
$476
$/SQFT
1989
Built
Neighborhood:
Out Of Area
County:
Fresno
Area:
Out Of Area
Property Description
Location This commercial office building is located off North Palm Avenue between W Shaw Avenue and W Barstow Avenue at 5240 North Palm Avenue, Fresno, CA. Size This office building is +/-9,448 square feet on a +/-1.3-acre lot. Building Use Office building is currently rented to two (2) tenants: California Bank and Trust and Sang Medical Group Legal Fresno County APN: 417-140-15 Remarks This fully leased investment property features long-term leases with two quality tenants. California Bank and Trust leases 5,273 SF through December 31, 2029, and Sang Medical Group leases 3,858 SF through January 31, 2034. The current total lease income is $20,724 per month, NNN. The property is ideally located in the highly desirable Fig Garden area, in close proximity to several other businesses.
Exterior Features

Roof Flat

Interior Features

Cooling Central Air Heating Central Heating YN Yes

Property Features

New Construction YN No Property Sub Type Commercial Sewer Public Sewer Utilities Electricity ConnectedWater Connected Water Source Public

Listing provided courtesy of Philip Heynen of Schuil Ag Real Estate: 559-734-1700.
Listing information © 2025 Tulare County MLS.


© 2025 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Fresno Realty | London Properties. Data last updated: 2025-04-19T10:16:34.953.
 
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