For Sale
$1,316,700

5455 Villa AveFresno, CA 93725

10,450 SF Warehouse, $126/SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This single-story, 10,450-square-foot warehouse in Fresno, CA's Three Crowns Industrial Park is offered at $1,316,700, representing a 5.00% cap rate. Built in 2000 and renovated in 2001, the property features a pre-engineered metal building with R-7 rigid board insulation and boasts 14' to 17' ceiling heights. Situated on a 53,354-square-foot lot (APN: TBD / Lot 20), it benefits from easy access to Highway 99. The property includes a fenced yard and is part of an established industrial park with a newly formed Owner's Association responsible for common area maintenance, including a private water system. The lease, a gross lease with rent bumps, commenced May 18, 1999, and expired June 30, 2024, leaving zero remaining lease term. The Net Operating Income (NOI) is $65,833. The permitted zoning is 'M'. One 1-year lease option is available. The property's features include P.G.&E. services and sewer connection via the SKF District. Detailed Association bylaws and Declaration of Restrictions are available upon request. This is a prime opportunity for investors seeking a well-maintained industrial property in a convenient location.

Highlights

  • $1,316,700 asking price for this 10,450 SF industrial warehouse in Fresno, CA.
  • Located in the established Three Crowns Industrial Park, offering easy Highway 99 access.
  • Single-tenant, gross lease with a remaining term of 0 years; lease expiration is June 30, 2024.
  • Features a 14' - 17' ceiling height, one story, and sits on a 53,354 SF lot.
  • Built in 2000, renovated in 2001, with a 5.00% cap rate and $65,833 NOI.

Property Details for 5455 Villa Ave

Property type
Warehouses, Industrial properties
Square Feet
10,450 SF
Year Built/Renovated
2000/2001
Buildings
1
Stories
1

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.656738664659
Longitude
-119.71281581173
5455 Villa Ave, Fresno, California

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5455 Villa Ave
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