Great Owner User Opportunity: 2 Freestanding Buildings

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.This ±0.86 acre parcel consists of two, freestanding industrial buildings totaling ±15,500 SF. One building is ±10,000 SF and includes thirteen (13) ground level doors with 16' clear height, six (6) pull through truck bays, 600 amps, 3 phase power and has fire sprinklers throughout. The second building is ±5,000 SF and consists of five (5) ground level loading doors, clear span building, small office and parts room.