Investment Overview

Marcus & Millichap is pleased to present a rare opportunity: the acquisition of 2140 Tulare Street, a highly versatile office building located in the downtown central business district of Fresno, California. Serving as a former law firm, the building consists of three floors (basement, ground floor and second floor) all of which include individual office suites, conference rooms, kitchens and former bank vaults which can be used as storage. The property comprises of approximately 29,333 square feet of building situated upon 26,136 square feet of land. The property features 22 surface parking stalls and a subterranean parking lot with approximately 26 parking stalls. This value-added asset gives the new ownership the ability to reposition and/or occupy the property, making it an ideal choice for owner-users. Downtown Fresno is one of central California’s main government agency hubs with major employers surrounding the subject property such as Social Security Administration, Internal Revenue Service (IRS), Federal Bureau of Investigation (FBI), National Security Administration (NSA) and many other government and justice system agencies. The subject property has excellent frontage and walkability along the signalized corner of Tulare Street and L Street. Due to its centralized location the site benefits from several nearby major draws, including Fresno County Superior Court, Fresno City Hall, Fresno County District Attorney Offices and more. In addition, the subject property is located near multiple restaurants, retailers, Chukchansi Park, Fresno Amtrak station and in between State Route 41 (87,000 vehicles per day) and State Route 99 (62,500 vehicles per day), making it an ideal workplace for business owners and employees.