5588 N Palm Ave

As the exclusive listing broker for the seller, Fortune Associates is pleased to present this attractive investment opportunity.

5588 North Palm Avenue consists of approximately 40 garden-style executive office suites, a reception area, multiple common conference rooms, and a kitchenette, all totaling 12,196 square feet. The property benefits from a hard corner, signalized intersection location in the heart of northwest Fresno, CA. The project is well positioned for professionals from a multitude of disciplines who are interested in the executive suite concept with relatively easy access to the Freeway 41 corridor, the Herndon Avenue corridor, and the West Shaw corridor in the northwest sub-market. In addition, the property is just a short walk or drive to numerous national and regional restaurants, retailers, and service providers including the iconic Fig Garden Village Shopping Center, The Lime Lite and Elbow Room restaurants, and service providers Bank of America, California Bank & Trust, Murphy Bank, Chase Bank, PNC Bank and many, many other daily needs retail and service businesses establishments.

This quiet, professional environment is currently home to 40 month-to-month executive suite occupants and the property is also host to 35 “virtual” office tenants who use 5588 North Palm as their office address. The building includes a strong mix of professionals including law practices, insurance providers, financial advisors, real estate agents, non-profits, therapists, contractors. and many other business operators.

The property was developed in 1978 and is served by PG&E, City of Fresno sewer and water, AT&T and Comcast data & telecom services, and includes ample on-site parking.