1221 Van Ness Ave
Fresno, CA 93721
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Square Footage: 45,756List Price: $3,900,000Agent Name: Tony CortopassiAgent Firm: Cushman & WakefieldAgent Telephone: 559-433-3549Agent Email: firstname.lastname@example.org
This building was built for the anchor tenant in 1967 and the Bank of the West recently renewed a 5 year lease term. Several other long time tenants in the building. The rent just from the Bank of the West covers all expenses and the sale on just the bank's income would be a 5.17% cap rate. Parking on site and the building is adjacent to a public parking garage. Bank of the West has 559 branches with $90 billion in deposits. This is the largest branch in Fresno with $525 million in deposits and it is the 7th largest branch in the fleet.