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Property Detail

South Schnoor Avenue
Madera Industrial WHSE offers the opportunity to purchase a flex industrial business park developed.
$23,500,000

Description

  • Madera Industrial WHSE offers the opportunity to purchase a flex industrial business park developed and delivered in 2023.
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  • Strong lease-up performance highlights the demand in this high-growth segment, which is displayed by a 95% occupancy rate.
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  • Upside with built-in rent escalations, plus monthly flat rate tenant bill-backs on top of the industrial gross rents, account for additional income.
  • Specs include being fully sprinklered, a 25-year roof warranty, superior insulation, an in-ground loading dock, and 3-phase power capability.
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  • Madera Industrial WHSE is in a desirable industrial corridor near Highway 99 and Avenue 12, accessible to Fresno within a 30-minute drive.
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  • Strategically located, businesses have access to a substantial warehouse worker labor pool of approximately 43,790 employees within 10 miles.

Executive Summary

Presenting a rare opportunity to acquire a newly constructed flex industrial business park, Madera Industrial WHSE, completed and delivered in Q2 2023. This property stands out as the region's newest delivery of small bay flex industrial space and is already setting market rates for like-kind spaces. The property currently operates at 95% occupancy, showcasing strong tenant demand and growth potential. Its strategic location and modern facilities position it as an attractive asset for businesses seeking functional, flexible industrial space. Professional management provides operational excellence, with tenants paying a flat monthly fee for recoverable expenses in addition to base rent. The site is optimized for security and convenience, making it highly attractive to a wide range of industrial tenants.
Each of the 74 bays spans 1,950 square feet and is equipped with a 12-foot by 4-foot roll-up door, a 10-foot by-14-foot temperature-controlled office, a private interior restroom, and a privately fenced 16-foot by-30-foot yard. Additionally, every unit includes a shop sink, heating and cooling in the warehouse space, and access to a shared loading dock. The site is fully fenced with remote access security gates and video surveillance in the common area. Units can be combined for tenants requiring a larger or more flexible footprint.
Madera Industrial WHSE is ideally positioned in an industrial corridor just around the corner from a major thoroughfare lined with prominent retail establishments, providing convenient access to a variety of amenities and high foot traffic. Located just off Highway 99, California’s primary north-south business corridor, this property offers direct and efficient access to the entire state, from agricultural hubs to major urban centers. The highway’s connectivity is a boon for logistics, offering convenient access to the Ports of Oakland and Stockton within a few hours' drive. This convenience facilitates the smooth transport of goods for regional and global markets with delivery timelines within one day for the San Francisco and Los Angeles Metropolitan Statistical Areas.

Madera Industrial WHSE

Listing ID : 00904

SKU: 904

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Price History

DateEventPrice
December 13 2024Listed$23,500,000.00