Madera Industrial Warehouse

Located just off Highway 99 in the heart of CaliforniaMadera Industrial WHSE is a newly constructed, multi-tenant shallow-bay industrial business park totaling 144,300 square feet across four buildings, strategically located at 325–355 S. Schnoor Avenue in Madera, California. Delivered in May 2023, the project has rapidly stabilized, with 88% occupancy achieved within 18 months. The asset comprises 74 small-format warehouse units averaging 1,950 square feet, catering to a diversified mix of service-based tenants, tradespeople, distributors, and regional light industrial users. Each unit features warehouse space, a private restroom, a fenced yard, and a small office—an optimal layout for local operators and small business owners. This offering is uniquely positioned to capture long-term value through rising rents and low tenant turnover. With renewal rates averaging 70-78% and rent increases of 3-8% on executed renewals, the asset benefits from its “sticky” tenant base—driven by irreplaceable location, tailored suite design, and high tenant cost of relocation. Lease terms average 24– 36 months, creating frequent mark-to market opportunities, while low capital expenditures and minimal operating intensity make the property especially efficient to manage. The surrounding Central Valley region continues to expand with new housing, retail, and industrial projects—further enhancing demand for flex warehouse inventory. Located just off Highway 99 in the heart of California, Madera Industrial WHSE offers direct access to one of the most cost-effective and growth-oriented regions in the state. With infill positioning and limited new construction for small-bay product, this property delivers the rare combination of stability, yield, and long-term upside. Investors will benefit from immediate in-place income backed by a strong rent roll and the opportunity to further enhance cash flow through continued leasing and organic rent growth.