2788 Larkin Ave Fresno, CA 93727
Sponsored
Multi-tenant warehouse, high NOI, strong ROI
Property size:
114,964 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 2788 Larkin Ave
General Information
- Property type
- Distribution properties
- Square Feet
- 114,964 SF
- Lot Size
- 226,512 SF
Building Details
- Year Built
- 1983
- Buildings
- 2
HighLights
- 114,964 SF multi‑tenant warehouse complex on a 5.2‑acre lot in Fresno, CA. 96% occupancy, $715,000 NOI, 5.72% cap rate. Asking price: $12,500,000 ($108.73/SF).
- Strong projected job growth in Fresno County (140,000 jobs over 10 years) and significant industrial rent growth (projected >26% over 3 years). Low vacancy rate (2.7%) in a tight industrial market.
- Excellent location with access to SR‑99, I‑5, rail lines, and Fresno‑Yosemite International Airport. Prime Central Valley location with strong transportation infrastructure.
- Business‑friendly environment with numerous companies and state/federal incentive programs. High‑demand location with a stable tenant base and minimal near‑term rollover risk (next rollover June 2027). Anchor tenant occupies ~80% of the space.
Property Profile
Location Intelligence
Current Use by Public Records
Johnson Controls
Security System Supplier
Tyco SimplexGrinnell
Fire Protection Equipment Supplier
Tyco Integrated Security
Security System Supplier
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.6973086
- Latitude
- 36.7749994
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - Multi-tenant warehouse, high NOI, strong ROI
Where is this distribution property located?
The property is located at 2788 Larkin Ave Fresno, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 114,964 SF multi-tenant warehouse complex on a 5.2-acre lot in Fresno, CA. 96% occupancy, $715,000 NOI, 5.72% cap rate. Asking price: $12,500,000 ($108.73/SF).; Strong projected job growth in Fresno County (140,000 jobs over 10 years) and significant industrial rent growth (projected >26% over 3 years). Low vacancy rate (2.7%) in a tight industrial market.; Excellent location with access to SR-99, I-5, rail lines, and Fresno-Yosemite International Airport. Prime Central Valley location with strong transportation infrastructure.
