240 W Shaw Ave

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240 W Shaw Ave

Clovis, CA 93612
Asking Price
$4.43M
Asset Type
Office
Class
Class B

What's Special

240 West Shaw Avenue is located along one of Clovis's primary commercial corridors, situated between Pollasky and Minnewawa Avenues. The neighborhood features a mix of professional offices, retail centers, and established residential communities. It offers immediate proximity to the Clovis Commons shopping center and several dining options within walking distance. Transportation access is provided via multiple bus stops along the Shaw Avenue frontage, and the property is positioned less than two miles from State Route 168, connecting the site to the greater Fresno metropolitan area. The property is suited for general administrative use, professional services, or medical-related offices. Typical tenants for this location include legal practices, accounting firms, insurance agencies, and satellite offices for regional service providers. Given the surrounding demographic of long-term residents and local businesses, the asset is positioned for tenants requiring a central, identifiable location with high street visibility. The layout and regional accessibility support operations that benefit from frequent client interaction or a workforce commuting from across the San Joaquin Valley.

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NOI
$80,000
Cap Rate
1.80%
DSCR
0.30
Underwater
Cash-on-Cash
-13.77%
Monthly Payment
$21,933.648
Annual Cash Flow
$-183,203.781

Location & Travel Times