Contacts
Fortune Associates
Fortune Associates
Property Details
- Property Type Office - General Office
- Property Size 5,400 SF
- Lot Size 20,908 SF
- Cap Rate % 6.76
- NOI / YR $46,839.00
- # of Floors 1
- Date Updated May 7, 2026
Fortune Associates is pleased to offer a fully leased professional office building location within the Fashion Fair Professional Center at 4824 North First Street in Fresno, CA. Situated just south of Shaw Avenue and directly across from Fashion Fair Mall, the property enjoys excellent visibility and accessibility in one of Fresno’s most vibrant and established commercial corridors.
This 5,400± square foot building is 100% occupied and features general office space, providing immediate in-place income. With existing leases in place, this offering is ideal for investors seeking stable cash flow from a well-located asset. Alternatively, the property presents a strategic opportunity for an owner/user to occupy all or part of the building in the future as leases expire.
Surrounded by national retailers, restaurants, and essential services, the property is positioned in a high-demand area with strong fundamentals. Whether you’re seeking reliable rental income or planning for future owner-occupancy, this asset delivers both flexibility and long-term upside in the heart of Fresno.
Reach out to the broker for more info on lease terms and amenities
Getting around
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68/100
Walk Score ®
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41/100
Transit Score ®
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67/100
Bike Score ®
Location
- City Fresno, CA
- Neighborhood Hoover
- Zip Code 93726
- Market Central Valley
Points of Interest
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El Prado
7.14 miles
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eVgo
0.25 miles
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Gulf
0.52 miles
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Mobil
0.65 miles
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Valero
1.29 miles
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Arco
1.63 miles
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Speedway
2.01 miles
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Sinclair
2.37 miles
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Bad Bud's
2.37 miles
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76
2.40 miles
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ChargePoint
3.91 miles
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Fresno City College Parking Structure
2.76 miles
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Cell Phone Waiting Lot
4.08 miles
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Parking Lot T: Visitor Parking
4.86 miles
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Parking Lot F
4.88 miles
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Convention Center Garage
4.92 miles
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Fresno County Employee Parking Garage
4.94 miles
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Double Tree Parking Garage
5.02 miles
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Parking Lot C
5.88 miles
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Parking Lot B
5.89 miles
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Parking Lot M1
5.94 miles
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BEST WESTERN PLUS Fresno Inn
0.58 miles
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Ramada Fresno North
0.75 miles
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University Square Hotel 2
0.86 miles
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University Square Hotel 3
0.86 miles
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University Square Hotel
0.90 miles
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Courtyard
0.96 miles
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The Lodge
1.18 miles
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Motel 6 Fresno - Blackstone North
1.31 miles
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Motel 6 Fresno - Blackstone South
1.40 miles
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Rodeway Inn & Suites
1.42 miles
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Mainland
0.22 miles
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Macy's
0.27 miles
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JCPenney
0.39 miles
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Korea Mart
0.66 miles
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Save Mart
1.17 miles
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Grocery Outlet
1.22 miles
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Walmart Supercenter
1.31 miles
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Burlington
1.40 miles
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Smart & Final Extra!
1.45 miles
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Target
1.47 miles