West Olive Avenue

West Olive Avenue is a commercial land ground lease at West Olive Avenue, CA 99, in Fresno’s Highway City submarket. The 1.26-acre parcel offers an occupier a flat site with Olive Avenue frontage and multiple access points for a site plan.

The parcel has ±239 ft of frontage on Olive Ave and 230' of depth, giving a tenant room to plan how its building, circulation, and access work together. Utilities are on site, and off-site curb, gutter, and paving improvements are completed. The site is described as shovel-ready, making it a direct starting point for a tenant planning its own development. Its NMX, Neighborhood Mixed-Use zoning supports a range of commercial uses, while quick service retail drive-thru is the identified highest and best use. Ground lease and build-to-suit options give occupiers different ways to approach the project.

The ground lease offers 54,885 SF of total availability at an asking rent of $60,000 per year on a Triple Net basis. For a tenant considering a purpose-built location, the lease pairs a defined annual rent with a parcel whose frontage, access, level topography, and completed off-site work can inform an early site layout. A quick service retail operator can focus on the stated drive-thru use; other commercial occupiers can consider how the site fits their plans within the stated zoning.