Office/Warehouse Flex
For Sale
Contact for pricing
5753 W Barstow Ave, Fresno, CA 93722
Multiple office and warehouse suites feature mezzanine storage, 17'6" clear height, and seven roll-up doors.
Property Size8,778 SF
Price / SF$136.14
Days on Market51
Property Features for 5753 W Barstow Ave
General Information
Standard status
Active
Size
8,778 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
17.5 ft
Heavy Power
Yes
Building Details
Tenancy
Multi
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Jul 23
Changed: Aug 16
Last Checked: Sep 10 at 9:18AM
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
(5) office/warehouse suites are available within a flexible flex/industrial property. Improvements previously include office, mezzanine, and storage areas, with 200 amps of power available on 120/280V, 3-phase service that is separately metered across three power units. The buildings provide 17'6" clear height and (7) roll-up doors, and offer parking on all sides for easy access. Suites can be leased together or separately, depending on space needs.
The property includes multiple access points and is served by a gated private parking lot. It is located close to Fresno Yosemite International Airport and provides convenient access to CA-99, CA-41, and CA-180, with corporate neighbors nearby.
The overall configuration supports a combined office-and-warehouse operation, with separately metered power and dedicated roll-up access designed for practical day-to-day use.
The property includes multiple access points and is served by a gated private parking lot. It is located close to Fresno Yosemite International Airport and provides convenient access to CA-99, CA-41, and CA-180, with corporate neighbors nearby.
The overall configuration supports a combined office-and-warehouse operation, with separately metered power and dedicated roll-up access designed for practical day-to-day use.
Key Highlights
- (5) office/warehouse suites available with flexible leasing; can be leased together or separately
- 17'6" clear height and (7) roll‑up doors across the warehouse space
- 200 amps with 120/280 V 3‑phase power, separately metered
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
$100,289
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
8.39%
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%
$2,005,780
$2.0M
Cap Rate 7%
$1,432,700
$1.4M
Cap Rate 9%
$1,114,322
$1.1M
Market Conditions
NOI Build-Up for 8,778 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
$163.3K $18.60/SF
− Vacancy
−$9.0K −$1.02/SF
EGI
$154.3K $17.58/SF
− OpEx
−$54.0K −$6.15/SF
NOI
$100.3K $11.43/SF
Area
ZIP 93722
Vacancy
5.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
35.00%
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%
$2,005,780
Cap Rate 7%
$1,432,700
Cap Rate 9%
$1,114,322
Alternative Uses
Best Use
Flex RnD
$1.43M
$1.25M – $1.67M
NOI $100,289 @ 7.0% cap · market cap 8.39%
Second Best
Warehouse
$1.12M
$979.0K – $1.31M
NOI $78,316 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,954 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
17 ft
Clear height
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93722, CA
87,364
Population
27,615
Households
3.2
Avg Household Size
32
Median Age
23%
College-Educated
83%
High-School Grad
19.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$77,335
Median Household Income
$41,364
Median Earnings
$1,529
Median Rent
$350,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Multiple office and warehouse suites feature mezzanine storage, 17'6" clear height, and seven roll-up doors.
Where is this flex space located?
The property is located at 5753 W Barstow Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: (5) office/warehouse suites available with flexible leasing; can be leased together or separately; 17'6" clear height and (7) roll‑up doors across the warehouse space; 200 amps with 120/280 V 3‑phase power, separately metered
