±5,000 SF Industrial Space w/ CA-41 Exposure in Fresno, CA

Located in the commercial service Enterprise Zone in downtown Fresno, between Freeways 99, 41, & 180, considered the most accessible industrial submarket in Fresno. Subject is directly off CA-41 with easy access and great visibility located south of the "M" Street entrance/exit, north of Van Ness Ave, west of Los Angelos Street, and east of CA-99. Strategic "mid-cities" location to conveniently serve Fresno, Madera, Kings, Merced, and Tulare Counties. Located in the center of the heavily traveled San Joaquin Valley, Fresno is the fifth-largest city in California and is the largest city in the Central Valley with 972,297 metro residents. Lying at the foot of the Sierra Nevada Mountain Range which includes Yosemite, Kings Canyon and Sequoia National Parks, Fresno is known as the “Gateway to Yosemite”. 20.8% population growth from 2006 to 2016. Fresno is approximately 200 miles north of Los Angeles and 170 miles south of the Sacramento. Fresno is connected by two major freeways servicing the West Coast; Interstate 5 and Freeway 99.This owner-user opportunity presents a unique blend of versatility and income potential, with two established tenants already occupying the space. The property offers a strategic advantage for an owner-user seeking a functional space with existing rental income streams. Investors will appreciate the stability provided by the current tenants, creating an attractive proposition for those looking to diversify their portfolio in a thriving location. (2) freestanding buildings totaling ±15,500 SF of clear-span Industrial buildings on ±0.86 AC. There are currently two (2) MTM tenants that are willing to sign a five year lease. Owners unit can be occupied or leased for $0.80/SF. The buildings feature a 1,500 SF office/showroom, private offices, break room, restrooms, and storage. Adjacent to the office is a parts room and open warehouse. The main building is 67‘ x 156‘ with 6 pull-through bays (13 ground level rollup doors total) and a large shop office. Completely fenced, 600 Amps 3-Phase power, 16' clear height, with economical City Utility Services. The rear building has ±5,000 SF consisting of five (5) ground level loading doors, clear span building, and a small office and parts room with ample separately metered power. Unique investment offering easy-to-rent spaces within an under-built market offering a strong need for these type of spaces. Once stabilized, the deal offers a 8% return. Business can be included in real estate.±5,000 SF clear span freestanding industrial space on ±0.33 acres located in Fresno, CA with CA-41 exposure. The space features a spacious open warehouse on the ground floor, complete with a private office, while the entire upper floor offers an open office layout with ample room for multiple desks. This site offers an additional parts room, fenced yard, 600 Amps 3-Phase power, 16' clear height, with economical City Utility Services. The building features a large fully fenced yard area which is hard to come by in this area. The complex also offers abundant parking & street parking is available.