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5444 Nikita Ave Fresno, CA 93725

Sponsored
For Sale
$2,520,000

20,000 SF Warehouse, 5.4% Cap Rate

Property size:
20,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 20,000-square-foot industrial warehouse located at 5444 S Nikita Ave, Fresno, CA 93725. The property, situated on a 53,898-square-foot lot, boasts a single-story, pre-engineered metal building constructed in 2005 with R-7 rigid board insulation. Currently 100% occupied under a gross lease with a remaining term of 0.6 years, the property offers a strong 5.4% cap rate and a net operating income (NOI) of $136,280. The asking price is $2,520,000, translating to $126 per square foot. Features include two loading docks, ceiling heights ranging from 14 to 19 feet, and M-3 (Heavy Industrial) zoning. The property benefits from easy access to Highway 99 and is part of an established industrial park with a newly formed owner's association responsible for common area maintenance, including a private water system. Rent bumps are included in the lease. Lease options include a one-year extension. The property is zoned M-3 (Heavy Industrial) and has a single tenant. The property is part of the Three Crowns Industrial Park, Lot 19. The APN is TBD/Lot 19.

Property Features for 5444 Nikita Ave

General Information

Property type
Distribution properties
Square Feet
20,000 SF

Building Details

Year Built
2005
Buildings
1
Stories
1

HighLights

  • 20,000 SF industrial warehouse on a 53,898 SF lot in Fresno, CA.
  • 100% occupied under a gross lease with 0.6 years remaining; 5.4% cap rate, $136,280 NOI, $2,520,000 asking price ($126/SF).
  • Features include two loading docks, 14‑19' ceiling heights, and M‑3 zoning.
  • Easy access to Highway 99 and located in an established industrial park with a newly formed owner's association.
  • Lease includes rent bumps and a one‑year extension option.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Fresno
County
Fresno
State
California
Longitude
-119.71503537007
Latitude
36.657133055051

FAQs

What type of property is this?
Distribution property - 20,000 SF Warehouse, 5.4% Cap Rate
Where is this distribution property located?
The property is located at 5444 Nikita Ave Fresno, CA.
What is the asking price?
The asking price for this property is $2,520,000.
What are key features of this property?
This property features: 20,000 SF industrial warehouse on a 53,898 SF lot in Fresno, CA.; 100% occupied under a gross lease with 0.6 years remaining; 5.4% cap rate, $136,280 NOI, $2,520,000 asking price ($126/SF).; Features include two loading docks, 14-19' ceiling heights, and M-3 zoning.
More about this property
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