Retail Space - For Sale
1075 Shaw Avenue Clovis, CA 93612
Details & Description
Price: $10,086,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 2.500
  • Building Sq Ft 93,275
  • Building Price per Sq Ft $108.13
  • Land Sq Ft 108,900
  • Land Price per Sq Ft $92.62
A Central Valley big box investment in the area’s dominant retail node, At Home in Clovis represents a leasehold interest that is subject to a ground lease featuring over 25 years of control including extension options.This successful, growing tenant recently executed a 10-year lease with three 5-year options which include 10% rental escalations every five years, while the ground lease rent remains flat through November 2045. At Home’s rent commencement date is anticipated for March 2020, and will be paying a low annual rent of $10.63/ft.The subject property benefits from an extremely high identity location along Shaw Avenue, which is the dominant east-west thoroughfare which runs through Fresno and Clovis. The Shaw Avenue retail corridor is the premier shopping destination in the region, which has experienced renewed investment and development over the past few years. At Home is adjacent to Lowe’s and is part of the greater Sierra Pavilions shopping center, which features other national retailers including Big Lots, FoodMaxx and Party City. Just down the street is a relocation Costco that recently opened its doors, helping drive additional traffic to the trade area.
Listing Agents
Chris Kostanecki
Capital Pacific
O: 415-274-2701
ck@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1075 Shaw Avenue

Clovis, CA 93612

Listing ID: 259247
$10,086,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 2.500
  • Building Sq Ft 93,275
  • Building Price per Sq Ft $108.13
  • Land Sq Ft 108,900
  • Land Price per Sq Ft $92.62
  • 1075 Shaw Avenue Clovis, CA 93612 | for Sale | Photo 1
  • 1075 Shaw Avenue Clovis, CA 93612 | for Sale | Photo 2
  • 1075 Shaw Avenue Clovis, CA 93612 | for Sale | Photo 3
1075 Shaw Avenue | for Sale | Thumbnail 1
1075 Shaw Avenue | for Sale | Thumbnail 2
1075 Shaw Avenue | for Sale | Thumbnail 3
Description

A Central Valley big box investment in the area’s dominant retail node, At Home in Clovis represents a leasehold interest that is subject to a ground lease featuring over 25 years of control including extension options.

This successful, growing tenant recently executed a 10-year lease with three 5-year options which include 10% rental escalations every five years, while the ground lease rent remains flat through November 2045. At Home’s rent commencement date is anticipated for March 2020, and will be paying a low annual rent of $10.63/ft.

The subject property benefits from an extremely high identity location along Shaw Avenue, which is the dominant east-west thoroughfare which runs through Fresno and Clovis. The Shaw Avenue retail corridor is the premier shopping destination in the region, which has experienced renewed investment and development over the past few years. At Home is adjacent to Lowe’s and is part of the greater Sierra Pavilions shopping center, which features other national retailers including Big Lots, FoodMaxx and Party City. Just down the street is a relocation Costco that recently opened its doors, helping drive additional traffic to the trade area.

Attachments & Files

Listing Demographics for 1075 Shaw Avenue Clovis, CA 93612

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population17,234111,837280,573
Population Median Age363535
Population by Age0-9 Yrs2583 (14%)16985 (15%)43508 (15%)
10-19 Yrs2423 (14%)16285 (14%)42870 (15%)
20-29 Yrs2738 (15%)17392 (15%)44908 (16%)
30-39 Yrs2619 (15%)16296 (14%)39068 (13%)
40-49 Yrs1472 (8%)11811 (10%)30650 (10%)
50-59 Yrs2203 (12%)13349 (11%)31775 (11%)
60-69 Yrs1596 (9%)10400 (9%)24639 (8%)
70+ Yrs1600 (9%)9320 (8%)23154 (8%)
Median HH Income$51,285$64,659$62,234
Total Household Income< 24K1210 (19%)6511 (17%)18974 (20%)
25-49K1831 (29%)8419 (22%)19246 (20%)
50-74K1427 (22%)6839 (18%)15738 (17%)
75-99K834 (13%)5378 (14%)12567 (13%)
100-199K843 (13%)8972 (23%)20662 (22%)
200K+90 (1%)1851 (4%)5150 (5%)
Highest Education LevelNo Diploma1644740725223
Diploma or GED29871581037598
Some College32602006645765
Assoc. Degree1018768517471
Bachelors Degree15261234630502
Higher Degree488607515298
Total Housing Units6,61439,72197,238
--Owner-Occupied2,86921,54150,873
--Renter-Occupied3,36716,42941,463
Owner-Occupied Values< 100K13211312375
100-199K954384610905
200-299K1337678816386
300-399K329658512086
400-499K4522395250
500K+729523871
Total Working Age Population13,10784,917211,191
In Work Force8,35354,306132,685
Not In Work Force4,75530,61178,506
Workforce Employed7,66450,404122,063
Workforce Unemployed6463,66610,177
Civlian Workforce8,31054,071132,240
Military Workforce43235445
Total Households6,23637,97192,336
Family Households4,10226,67664,980
Non-Family Households2,13411,29527,356
Married Couple2,25317,84142,128
Other Family1,8488,83422,852
Married w/Child9147,95519,154
Single Male w/Child2661,3833,718
Single Female w/Child8383,2979,183

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Fresno County799,407+16930,450+111,032,052+111,142,991
Madera County123,109+23150,865+8162,293+14185,579

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
5048 North Blackstone Avenue, Fresno, CA $6,395,000 51451 3.23
5048 North Blackstone Avenue, Fresno, CA $6,395,000 51451 3.23
2540 East Floradora Avenue, Fresno, CA $850,000 8880 1.1
2420 North Blackstone Avenue, Fresno, CA $6,250,000 14740 1.1
2984 North Maroa Avenue, Fresno, CA $575,000 6903 0.42
2814 North Maroa Avenue, Fresno, CA $979,500 7769 0.93
2971 North Maroa Avenue, Fresno, CA $675,000 8219 0.66
1439 South Cedar Avenue, Fresno, CA $4,592,000 54630 -
325 East Shields Avenue, Fresno, CA $635,000 8332 0.37
325 East Shields Avenue, Fresno, CA $635,000 8332 0.37
Closest Commercial Airports
Airport Distance (mi)
Norman Y. Mineta San Jose International Airport (SJC) 129
Metropolitan Oakland International Airport (OAK) 152
San Francisco International Airport (SFO) 158
Listing Agent
Chris Kostanecki  - CRE Agent at Capital Pacific

Chris Kostanecki

Capital Pacific
More listings from Chris Kostanecki
Featured Local Vendors
• • YOUR COMPANY HERE • •
Your company could be listed on all properties like this one, in/near your city.
Click for more info!
Environmental Studies
Willbanks Environmental Consulting, Inc.
wecenvironmental.com
559-797-4181
staff@wecenvironmental.com
Port-a-Potty
United Site Services
unitedsiteservices.com
866-973-0823
info@unitedsiteservices.com
Signage
Ace Sign Co.
acesignco.com
217-522-8417
info@acesignco.com
Office Supply
Office DEPOT
officedepot.com
800-GO-DEPOT
ecsupport@officedepot.com
Dumpster Service
National Waste Associates, LLC
nationalwaste.com
860-430-5000
info@nationalwaste.com

Private Lending
Your Company Here
Your company could be listed here
Click for more info!
Property Inspection
Your Company Here
Your company could be listed here
Click for more info!
Property Management
Your Company Here
Your company could be listed here
Click for more info!
Cleaning Company
Your Company Here
Your company could be listed here
Click for more info!
Title Company
Your Company Here
Your company could be listed here
Click for more info!
Commercial Mover
Your Company Here
Your company could be listed here
Click for more info!
Appraisal Company
Your Company Here
Your company could be listed here
Click for more info!
Commercial Surveying
Your Company Here
Your company could be listed here
Click for more info!

Share