Office/Warehouse with Gated
For Sale
Contact for pricing
17199 N Friant Rd, Friant, CA 93626
Office/warehouse with gated parking, security cameras, and two grade-level doors, plus additional land available.
Property Size1,995 SF
Price / SF$375.94
Days on Market29
Property Features for 17199 N Friant Rd
General Information
Standard status
Active
Size
1,995 SF
Property subtype
INDUSTRIAL
Additional Details
Drive-In Doors
2
Amenities
gated parking
alarm system
security cameras
Listing Agency:
Newmark Pearson Commercial | Fresno
(559) 273-7071
Listed By:
Nick Sorensen · License #00853867
(559) 273-7071
Source:
Moodyscre
Added: Jul 20
Changed: Aug 14
Last Checked: Aug 14 at 8:18AM
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 Newmark Pearson Commercial | Fresno
Investment Insights
Based on property information with market context.
This office/warehouse property is configured for mixed workspace and storage use, with security in place including an alarm system and security cameras. The building includes two grade-level doors for straightforward loading and access.
The property is located at 17199 N Friant Rd in Friant, CA 93626. On-site gated parking supports controlled vehicle access, and additional land is available for expansion or supplemental use.
For operators looking for an end-to-end office-and-warehouse setup, the combination of gated parking, monitored security, and grade-level loading makes the layout practical for day-to-day business needs.
The property is located at 17199 N Friant Rd in Friant, CA 93626. On-site gated parking supports controlled vehicle access, and additional land is available for expansion or supplemental use.
For operators looking for an end-to-end office-and-warehouse setup, the combination of gated parking, monitored security, and grade-level loading makes the layout practical for day-to-day business needs.
Key Highlights
- Office/warehouse with gated parking
- Alarm system and security cameras installed
- Two grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,311
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,220
$626.2K
Cap Rate 7%
$447,300
$447.3K
Cap Rate 9%
$347,900
$347.9K
Market Conditions
NOI Build-Up for 1,995 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.0K $19.56/SF
− Vacancy
−$2.2K −$1.10/SF
EGI
$36.8K $18.46/SF
− OpEx
−$5.5K −$2.77/SF
NOI
$31.3K $15.69/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,220
Cap Rate 7%
$447,300
Cap Rate 9%
$347,900
Alternative Uses
Best Use
Warehouse
$447.3K
$391.4K – $521.9K
NOI $31,311 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$368.4K
$322.3K – $429.8K
NOI $25,786 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$565.4K
$494.8K – $659.7K
NOI $39,580 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93626, CA
2,132
Population
1,260
Households
1.7
Avg Household Size
46
Median Age
47%
College-Educated
96%
High-School Grad
99.5 sq mi
ZIP Area
21
Density / Sq Mi
$149,565
Median Household Income
$75,423
Median Earnings
$1,176
Median Rent
$594,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office/warehouse with gated parking, security cameras, and two grade-level doors, plus additional land available.
Where is this flex space located?
The property is located at 17199 N Friant Rd Friant, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Office/warehouse with gated parking; Alarm system and security cameras installed; Two grade‑level doors
