Contacts

Fortune Associates

Fortune Associates
Property Details
- Property Type Office - Creative Office
- Property Size 6,497 SF
- Lot Size 0.25 Acre
- Cap Rate % 5.86
- Date Updated Jun 6, 2025
This property boasts a high-profile and stable tenant, AT&T, a leader in telecommunications. AT&T’s occupancy began in 1998, demonstrating their long-term commitment to this prime location. The current lease extension is active through June 30, 2026 with rent at $9,745.50 per month. Tenant option for additional five-year lease renewal period, extending lease term through June 30, 2031 at $10,720.05 per month, Triple Net.
Investment Highlights
Attractive Features for Investors
1. Established Tenant: Secure and consistent rental income from a Fortune 500 company.
2. Long Term Stability: Nearly three decades of tenancy with options for continued occupancy.
3. High-Visibility Location: Strategically located retail site on Blackstone Avenue, providing high-traffic count visibility and building signage.
4. Below replacement costs value.
5. Current lease rate at below market rents.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Fresno, CA
- Neighborhood Hoover
- Zip Code 93710
- Market Central Valley
Points of Interest
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El Prado
7.11 miles
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Mobil
0.50 miles
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Arco
0.78 miles
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eVgo
0.90 miles
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Valero
1.21 miles
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Sinclair
1.24 miles
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76
1.27 miles
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Gulf
1.50 miles
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Costco Gasoline
1.98 miles
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Kwik Serv
2.02 miles
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7-Eleven
2.06 miles
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Fresno City College Parking Structure
2.98 miles
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Cell Phone Waiting Lot
5.18 miles
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Fresno County Employee Parking Garage
5.33 miles
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Convention Center Garage
5.35 miles
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Double Tree Parking Garage
5.43 miles
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Parking Lot T: Visitor Parking
5.60 miles
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Parking Lot F
5.64 miles
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Rolling Hills Park And Ride
5.86 miles
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Parking Lot C
5.93 miles
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Parking Lot B
5.96 miles
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Courtyard
0.19 miles
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Ramada Fresno North
0.40 miles
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BEST WESTERN PLUS Fresno Inn
0.56 miles
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Days Inn Yosemite Area
0.87 miles
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Quality Inn Fresno Near University
0.90 miles
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Country Inn & Suites
0.92 miles
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Country Inn & Suites, Fresno North, CA
0.92 miles
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Motel 6 Fresno - Blackstone North
1.16 miles
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Rodeway Inn & Suites
1.35 miles
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Clarion Pointe Fresno Near Yosemite
1.41 miles
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Korea Mart
0.51 miles
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Burlington
0.59 miles
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Smart & Final Extra!
0.64 miles
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Target
0.67 miles
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Macy's
0.68 miles
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JCPenney
0.76 miles
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Whole Foods Market
0.89 miles
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Mainland
0.92 miles
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Grocery Outlet
1.20 miles
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Save Mart
1.27 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.