NNN Industrial Property with Roll-Up
For Sale
$950,000
1005 Barstow Avenue, Clovis, CA 93612
Two separate units include dedicated offices and new heating and air-conditioning systems.
Property Size4,000 SF
Price / SF$237.50
Days on Market72
Property Features for 1005 Barstow Avenue
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Zoning
M1
Tenancy & Operations
Tenant in Place
Yes
In-Place Lease Type
NNN
Real Estate Included
Yes
Additional Details
Property Use
Industrial
Amenities
dedicated office space
brand-new A/C and heating systems
four automatic roll-up doors
insulated ceilings
resurfaced asphalt parking lot
fresh interior and exterior paint
Building Details
Building Size
4,000 SF
Year Built
1978
Buildings
1
Tenancy
Single
Listing Agency:
Real Broker
Listed By:
Leon M Borunda · License #01818465
(559) 779-6540
Source:
Pinkkeyrealestate
Added: Aug 21
Changed: Oct 30
Last Checked: Oct 30 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
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Investment Insights
Based on property information with market context.
This 4,000-square-foot industrial property was built in 1978 and is configured as two separate units, each with its own office. Four automatic roll-up doors serve the building, and insulated ceilings are part of the interior. The property has been renovated, with new interior and exterior paint and new heating and air-conditioning systems in both units. The asphalt parking lot has also been resurfaced.
The site is zoned M1 for light industrial use. A tenant currently occupies the property under an NNN lease and has expressed a desire to remain. The building was previously used as an automotive repair facility.
The site is zoned M1 for light industrial use. A tenant currently occupies the property under an NNN lease and has expressed a desire to remain. The building was previously used as an automotive repair facility.
Key Highlights
- 4,000‑square‑foot industrial property built in 1978
- M1 zoning for light industrial use
- Two units, each with dedicated office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,390
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,800
$1.1M
Cap Rate 7%
$777,000
$777.0K
Cap Rate 9%
$604,333
$604.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$84.0K $21.00/SF
− Vacancy
−$6.3K −$1.58/SF
EGI
$77.7K $19.43/SF
− OpEx
−$23.3K −$5.83/SF
NOI
$54.4K $13.60/SF
Area
Clovis, CA
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,800
Cap Rate 7%
$777,000
Cap Rate 9%
$604,333
Alternative Uses
Best Use
Retail
$777.0K
$679.9K – $906.5K
NOI $54,390 @ 7.0% cap · market cap 5.73%
Second Best
Industrial
$555.8K
$486.4K – $648.5K
NOI $38,909 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$1.01M
$881.8K – $1.18M
NOI $70,541 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
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Business Placement
Demographics for 93612, CA
37,368
Population
14,362
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
5,577
Density / Sq Mi
$64,079
Median Household Income
$40,460
Median Earnings
$1,410
Median Rent
$311,700
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
NNN property - Two separate units include dedicated offices and new heating and air-conditioning systems.
Where is this nnn property located?
The property is located at 1005 Barstow Avenue Clovis, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,000‑square‑foot industrial property built in 1978; M1 zoning for light industrial use; Two units, each with dedicated office space
