For Sale
$1,199,000

27 Birch Ave Fresno, CA 93650

4,000 SF Warehouse, 6% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a 4,000-square-foot warehouse located at 27 E Birch Ave, Fresno, CA 93650, within the desirable Riverpark neighborhood. The property sits on a 9,750-square-foot lot and is currently 100% occupied by a Class A tenant under a Net Lease (NNN) agreement. The current lease provides a stable annual Net Operating Income (NOI) of $60,000, translating to a 6.00% capitalization rate based on the asking price of $1,199,000. The property offers convenient access via N Blackstone Ave and N Abby St. The existing tenant is committed to a new 5-year lease, providing immediate cash flow and long-term stability. However, the new owner has the option to have the current tenant vacate after 60 days of closing or to enter into a new 5-year NNN lease. This prime location, surrounded by thriving businesses, makes this warehouse an attractive investment prospect. The adjacent vacant lot is not included in the sale, and the business operations within the warehouse are not part of the transaction. This is a truly exceptional opportunity to acquire a high-performing industrial asset in a sought-after Fresno location.

Highlights

  • 4,000 SF warehouse on a 9,750 SF lot in Fresno's desirable Riverpark neighborhood.
  • 100% occupied by a Class A tenant under a Net Lease (NNN) with a $60,000 annual NOI and a 6% cap rate based on the $1,199,000 asking price.
  • Convenient access via N Blackstone Ave and N Abby St.
  • New 5-year lease option with tenant providing immediate cash flow and long-term stability; 60-day out clause for new owner.

Property Details for 27 Birch Ave

Property type
Warehouses, Industrial properties
Square Feet
4,000 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.8415919
Longitude
-119.7896983

FAQs

What type of property is this?
Warehouse - 4,000 SF Warehouse, 6% Cap Rate
Where is the warehouse located?
The property is located at 27 Birch Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 4,000 SF warehouse on a 9,750 SF lot in Fresno's desirable Riverpark neighborhood.; 100% occupied by a Class A tenant under a Net Lease (NNN) with a $60,000 annual NOI and a 6% cap rate based on the $1,199,000 asking price.; Convenient access via N Blackstone Ave and N Abby St.
How can I contact the broker?
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27 Birch Ave
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