325 S Schnoor Ave Madera, CA 93637

Madera Industrial WHSE, a newly constructed multi-tenant shallow-bay industrial business park, is located at 325–355 S. Schnoor Avenue in Madera, California. The property, delivered in May 2023, totals 144,300 square feet across four buildings. The project has stabilized with 88% occupancy achieved within 18 months. The asset comprises 74 small-format warehouse units averaging 1,950 square feet. Each unit features warehouse space, a private restroom, a fenced yard, and a small office. The layout is suited for local operators and small business owners. Lease terms average 24– 36 months. The surrounding Central Valley region continues to expand with new housing, retail, and industrial projects. Located just off Highway 99, Madera Industrial WHSE provides access to one of the most cost-effective and growth-oriented regions in the state. The property is positioned to capture long-term value through rising rents and low tenant turnover. Renewal rates average 70-78%, and rent increases of 3-8% have been observed on executed renewals. The location, suite design, and high tenant cost of relocation contribute to tenant retention. The property is designed for efficient management with low capital expenditures and minimal operating intensity. The property offers in-place income and the opportunity to enhance cash flow through continued leasing and organic rent growth. It caters to a diversified mix of service-based tenants, tradespeople, distributors, and regional light industrial users.