Fresno Fashion Fair Mall
A retail property in Fresno, California. Securitized in 1 CMBS deal in 2017.
$565.0MAppraised value (latest deal)
89.3%Occupancy
$26.9MUnderwritten NOI
4.8%Implied cap rate
- Address
- 645 East Shaw Avenue, Fresno, CA 93710
- Property type
- Retail · Super Regional Mall
- Year built
- 1970
- Size
- 536,106 SF
- Loan purpose
- Recapitalization
- Largest tenant
- JCPenney
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMCC 2017-JP5 | 2017-03-29 | $565.0M | 89.3% | $26.9M | 4.8% | $69.0M | 57.5% | 2.19x | 424B |
Historical NOI reported in JPMCC 2017-JP5
| Period ending | NOI |
|---|---|
| 12/31/2015 | $28.2M |
| 12/31/2014 | $26.4M |
More CMBS properties in California →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.