5455 Villa Ave Fresno, CA 93725

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.