Warehouse with Multiple Truck
For Sale
Contact for pricing
2860 S East Ave, Fresno, CA 93725
Warehouse offering 5 rollup doors, 3 rail doors, and power service of 1,200 AMPS with 3-phase electricity.
Property Size69,936 SF
Price / SF$135.84
Days on Market54
Property Features for 2860 S East Ave
General Information
Standard status
Active
Size
69,936 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
5
Heavy Power
Yes
Listing Agency:
Newmark Pearson Commercial | Fresno
(559) 432-6200
Listed By:
Scott Christensen · License #00853867
(559) 978-4804
Source:
Moodyscre
Added: Jul 20
Changed: Aug 16
Last Checked: Sep 10 at 12:52PM
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 Newmark Pearson Commercial | Fresno
Investment Insights
Based on property information with market context.
This warehouse includes 3 rail doors and 5 rollup doors, supporting flexible loading and receiving operations. The property is served by 1,200 AMPS of 120–208 volts, 3-phase power.
Five exterior truck docks are located on both the front and south side of the building, providing convenient, dedicated access for dock-high trucks.
Overall, the building is configured for high-throughput logistics with rail and truck loading points and substantial electrical capacity.
Five exterior truck docks are located on both the front and south side of the building, providing convenient, dedicated access for dock-high trucks.
Overall, the building is configured for high-throughput logistics with rail and truck loading points and substantial electrical capacity.
Key Highlights
- Warehouse with 5 rollup doors and 3 rail doors
- 120‑208V power service with 1,200 AMPS and 3‑phase electricity
- 5 exterior truck docks located on the front and south side of the building
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
$623,959
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
6.57%
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%
$12,479,180
$12.5M
Cap Rate 7%
$8,913,700
$8.9M
Cap Rate 9%
$6,932,878
$6.9M
Market Conditions
NOI Build-Up for 69,936 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
$746.9K $10.68/SF
− Vacancy
−$12.8K −$0.18/SF
EGI
$734.1K $10.50/SF
− OpEx
−$110.1K −$1.57/SF
NOI
$624.0K $8.92/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /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%
$12,479,180
Cap Rate 7%
$8,913,700
Cap Rate 9%
$6,932,878
Alternative Uses
Best Use
Warehouse
$8.91M
$7.80M – $10.40M
NOI $623,959 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.61M
$18.03M – $24.04M
NOI $1,442,640 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Dock-high doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93725, CA
26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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- Iron Mountain — 2929 S Angus Ave, Fresno, CA 93725
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering 5 rollup doors, 3 rail doors, and power service of 1,200 AMPS with 3-phase electricity.
Where is this warehouse located?
The property is located at 2860 S East Ave Fresno, CA.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Warehouse with 5 rollup doors and 3 rail doors; 120‑208V power service with 1,200 AMPS and 3‑phase electricity; 5 exterior truck docks located on the front and south side of the building
