5455 Villa Ave Fresno, CA 93725
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10,450 SF Warehouse, $126/SF
Property size:
10,450 SFProperty Features for 5455 Villa Ave
General Information
- Property type
- Distribution properties
- Square Feet
- 10,450 SF
Building Details
- Year Built/Renovated
- 2000/2001
- Buildings
- 1
- Stories
- 1
Listing Agency: Cushman & Wakefield - Fresno, California Listing Agent: James Griffin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This single-story, 10,450-square-foot warehouse in Fresno, CA's Three Crowns Industrial Park is offered at $1,316,700, representing a 5.00% cap rate. Built in 2000 and renovated in 2001, the property features a pre-engineered metal building with R-7 rigid board insulation and boasts 14' to 17' ceiling heights. Situated on a 53,354-square-foot lot (APN: TBD / Lot 20), it benefits from easy access to Highway 99. The property includes a fenced yard 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. The lease, a gross lease with rent bumps, commenced May 18, 1999, and expired June 30, 2024, leaving zero remaining lease term. The Net Operating Income (NOI) is $65,833. The permitted zoning is 'M'. One 1-year lease option is available. The property's features include P.G.&E. services and sewer connection via the SKF District. Detailed Association bylaws and Declaration of Restrictions are available upon request. This is a prime opportunity for investors seeking a well-maintained industrial property in a convenient location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Vita-Pakt Citrus Products
Food Market
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.71281581173
- Latitude
- 36.656738664659
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FAQs
What type of property is this?
Distribution property - 10,450 SF Warehouse, $126/SF
Where is this distribution property located?
The property is located at 5455 Villa Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,316,700.
What are key features of this property?
This property features: $1,316,700 asking price for this 10,450 SF industrial warehouse in Fresno, CA.; Located in the established Three Crowns Industrial Park, offering easy Highway 99 access.; Single-tenant, gross lease with a remaining term of 0 years; lease expiration is June 30, 2024.
