401 N E St Madera, CA 93638
Value-add industrial investment opportunity in Madera, California.
Property size:
44,165 SFLot size:
1.83 AcresProperty Features for 401 N E St
General Information
- Standard status
- Active
- Zoning
- Commercial Service
- Size
- 44,165 SF
- Lot size
- 1.83 Acres
Building Details
- Year built
- 1977
Source:
Crexi
Listing Agency: C21 Commercial Listing Agent: Jared Ennis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Madera Multi-Tenant Commercial Complex
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.
Location Intelligence
Current Use by Public Records
Adrian's Auto Body ...
Auto Repair Shop
Smog Check
Sustainability Organization
Sinai Auto Repair.
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -120.06237
- Latitude
- 36.965075
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FAQs
What type of property is this?
Warehouse - Value-add industrial investment opportunity in Madera, California.
Where is this warehouse located?
The property is located at 401 N E St Madera, CA.
What are key features of this property?
This property features: - Value-add opportunity to increase gross annual income to $398,110/year at full market rents.; - High occupancy rate (91%) with long-term tenants and upside potential through lease extensions and market rate adjustments.; - Realistic 6-12 month stabilized gross annual income of $306,289.
