Contacts
Fortune Associates
Fortune Associates
Property Details
- Property Type Office - General Office
- Property Size 6,900 SF
- Lot Size 24,393 SF
- Cap Rate % 7.13
- Date Updated May 8, 2026
Fortune Associates is pleased to present an exceptional investment opportunity at the Fashion Fair Professional Center—4844 North First Street, Fresno, CA. Strategically positioned just south of Shaw Avenue and directly across from the high-traffic Fashion Fair Mall, this property offers outstanding visibility and access in one of Fresno’s most established commercial corridors.
This professional office building encompasses approximately 6,900± square feet of flexible space, well-suited for general office use. With existing short-term leases in place, the asset offers significant value-add potential through lease-up, repositioning, or rent optimization—making it ideal for investors looking to enhance cash flow and long-term appreciation.
Surrounded by national retailers, restaurants, and service providers, the property is anchored in a dense commercial hub with strong tenant demand and excellent surrounding amenities. This is a rare opportunity to acquire a well-located office asset with immediate upside and strategic optionality for both income and redevelopment.
Reach out to the broker for more info on lease terms and amenities
Getting around
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80/100
Walk Score ®
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41/100
Transit Score ®
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69/100
Bike Score ®
Location
- City Fresno, CA
- Neighborhood Hoover
- Zip Code 93726
- Market Central Valley
Points of Interest
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El Prado
7.11 miles
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eVgo
0.22 miles
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Gulf
0.51 miles
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Mobil
0.62 miles
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Valero
1.30 miles
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Arco
1.59 miles
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Speedway
2.04 miles
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Sinclair
2.34 miles
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Bad Bud's
2.34 miles
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76
2.38 miles
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ChargePoint
3.92 miles
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Fresno City College Parking Structure
2.79 miles
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Cell Phone Waiting Lot
4.11 miles
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Parking Lot T: Visitor Parking
4.90 miles
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Parking Lot F
4.92 miles
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Convention Center Garage
4.95 miles
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Fresno County Employee Parking Garage
4.97 miles
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Double Tree Parking Garage
5.06 miles
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Parking Lot C
5.85 miles
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Parking Lot B
5.86 miles
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Parking Lot M1
5.91 miles
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BEST WESTERN PLUS Fresno Inn
0.56 miles
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Ramada Fresno North
0.72 miles
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University Square Hotel 2
0.86 miles
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University Square Hotel 3
0.87 miles
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University Square Hotel
0.91 miles
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Courtyard
0.93 miles
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The Lodge
1.18 miles
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Motel 6 Fresno - Blackstone North
1.32 miles
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Motel 6 Fresno - Blackstone South
1.42 miles
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Rodeway Inn & Suites
1.44 miles
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Mainland
0.20 miles
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Macy's
0.26 miles
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JCPenney
0.37 miles
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Korea Mart
0.64 miles
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Save Mart
1.14 miles
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Grocery Outlet
1.24 miles
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Walmart Supercenter
1.33 miles
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Burlington
1.37 miles
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Smart & Final Extra!
1.41 miles
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Target
1.43 miles