401 N E St Madera, CA 93638

This commercial service multi-tenant complex, located between Fresno and Merced in Madera, California, offers a value-add industrial investment opportunity. The property, situated on 1.83 acres, consists of approximately 44,165 square feet and features 20 economical separate spaces. Currently, 17 long-term tenants occupy the spaces under AIR Industrial Gross leases, resulting in a 91% occupancy rate. The property generates an actual collected rent of $256,369 per year, presenting an upside potential. The property at 401-425 N "E" St totals 29,635 SF on 3 APN's offering (13) units with (17) rollup doors; #610 N "E" St totals 14,286 SF offering (7) units with (14) rollup doors. The property offers multiple configurations ranging from 980 SF up to 6,000 SF with an average of 2,270 SF units. The spaces are designed with an office/showroom, shop area, and fenced yard. Each unit is equipped with ample power, roll-up doors, restrooms, skylights, air vents, evaporative coolers, heaters, and security features, with the ability to combine units. The property benefits from great visibility, convenient parking, fenced yards, existing corner signage, and easy access to CA-99 on/off ramps connecting to I-5.