For Sale
$2,520,000
5444 Nikita Ave Fresno, CA 93725
20,000 SF Warehouse, 5.4% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 20,000 SF industrial warehouse on a 53,898 SF lot in Fresno, CA.
- 100% occupied under a gross lease with 0.6 years remaining; 5.4% cap rate, $136,280 NOI, $2,520,000 asking price ($126/SF).
- Features include two loading docks, 14-19' ceiling heights, and M-3 zoning.
- Easy access to Highway 99 and located in an established industrial park with a newly formed owner's association.
- Lease includes rent bumps and a one-year extension option.
Property Details for 5444 Nikita Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 20,000 SF
- Year Built
- 2005
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.657133055051
- Longitude
- -119.71503537007
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 20,000 SF Warehouse, 5.4% Cap Rate
- Where is the warehouse located?
- The property is located at 5444 Nikita Ave Fresno, CA.
- What is the asking price?
- The asking price for this property is $2,520,000.
- What are key features of this property?
- This property features: 20,000 SF industrial warehouse on a 53,898 SF lot in Fresno, CA.; 100% occupied under a gross lease with 0.6 years remaining; 5.4% cap rate, $136,280 NOI, $2,520,000 asking price ($126/SF).; Features include two loading docks, 14-19' ceiling heights, and M-3 zoning.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website