For Sale
$4,100,000

2428 West AveFresno, CA 93706

12,000 SF Warehouse, Multi-Tenant Income

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Fresno, CA industrial property presents a compelling investment opportunity. The 12,000 square foot warehouse, classified as Class B, sits on a substantial 6.93-acre lot (APN: 477-080-20, 477-080-21, 477-080-22, 477-080-23, 477-080-24, 477-080-34, 477-080-35) and is zoned for Light Industrial (IL) use. The property boasts multiple income streams, including a pallet company ($3,400/month), a truck repair shop ($4,400/month), a truck driving school ($1,800/month), and 85 paved truck parking spaces generating $200/month each. The warehouse itself includes shop and office space, plus a fully equipped condo with kitchen and bathroom. The property is fully paved, gated, and fenced, providing security and ample space for large vehicles. This multi-tenant, gross lease property is offered at $4,100,000 with a 6.50% cap rate. Its prime location in Fresno, CA (93706), makes it highly accessible for trucking and logistics businesses. This is a rare chance to acquire a well-established, income-generating industrial asset with significant potential for future growth. The property's strong tenant base and secure design offer both immediate returns and long-term value.

Highlights

  • High-yield industrial property with strong tenant occupancy and ample truck parking.
  • Excellent location for business operations or portfolio expansion.
  • Confidentiality Agreement required for financial details.

Property Details for 2428 West Ave

Property type
Warehouses, Industrial properties
Square Feet
12,000 SF
Class
B
Lot Size (sq. ft)
301,871 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.712906736064
Longitude
-119.82687019084
2428 West Ave, Fresno, California

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2428 West Ave
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