Industrial Flex Facility with
For Sale
Contact for pricing
375 S West Ave, Fresno, CA 93706
Industrial flex property includes a quality office buildout and a fenced, electric-gated yard.
Property Size102,000 SF
Price / SF$105
Days on Market251
Property Features for 375 S West Ave
General Information
Standard status
Active
Size
102,000 SF
Property subtype
Industrial
Zoning
Light Industrial
Site & Location
Neighborhood
Downtown
Building Details
Year Built
2006
Listing Agency:
Colliers - Fresno, California
Listed By:
Buk Wagner · License #CA 01296746
(559) 256-2451
Source:
Crexi
Added: Feb 18
Changed: Oct 26
Last Checked: Oct 26 at 4:21PM
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 Colliers - Fresno, California
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Investment Insights
Based on property information with market context.
This industrial flex facility features a quality office buildout and supporting warehouse improvements, along with compressed air lines. The property also includes a fenced yard secured by an electric gate.
The site layout is designed to support full truck circulation around the building, allowing vehicles to maneuver on-site throughout the property.
Overall, the combination of office space, compressed air infrastructure, and truck-friendly site circulation supports a range of industrial operations that require both workplace support and loading-area functionality.
The site layout is designed to support full truck circulation around the building, allowing vehicles to maneuver on-site throughout the property.
Overall, the combination of office space, compressed air infrastructure, and truck-friendly site circulation supports a range of industrial operations that require both workplace support and loading-area functionality.
Key Highlights
- Fenced yard with an electric gate
- Site layout allows for full truck circulation around the building
- Compressed air lines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$910,030
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,200,600
$18.2M
Cap Rate 7%
$13,000,429
$13.0M
Cap Rate 9%
$10,111,444
$10.1M
Market Conditions
NOI Build-Up for 102,000 SF
Gross rent
$1.09M $10.68/SF
− Vacancy
−$18.7K −$0.18/SF
EGI
$1.07M $10.50/SF
− OpEx
−$160.6K −$1.57/SF
NOI
$910.0K $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 Rate 5%
$18,200,600
Cap Rate 7%
$13,000,429
Cap Rate 9%
$10,111,444
Alternative Uses
Best Use
Flex RnD
$19.44M
$17.01M – $22.67M
NOI $1,360,476 @ 7.0% cap · market cap 12.70%
Second Best
Warehouse
$13.00M
$11.38M – $15.17M
NOI $910,030 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$30.06M
$26.30M – $35.07M
NOI $2,104,056 @ 7.0% cap · market cap 19.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 93706, CA
40,965
Population
12,239
Households
3.3
Avg Household Size
31
Median Age
9%
College-Educated
62%
High-School Grad
158.5 sq mi
ZIP Area
258
Density / Sq Mi
$40,023
Median Household Income
$28,495
Median Earnings
$1,129
Median Rent
$227,600
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- El Taco Taquero inc — 39 E Tuolumne St, Fresno, CA 93706
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property includes a quality office buildout and a fenced, electric-gated yard.
Where is this flex space located?
The property is located at 375 S West Ave Fresno, CA.
What is the asking price?
The asking price for this property is $10,710,000.
What are key features of this property?
This property features: Fenced yard with an electric gate; Site layout allows for full truck circulation around the building; Compressed air lines
