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1401 N Clovis Ave 32,340 SF 88% Leased Flex Building Fresno, CA 93727 $3,700,000 ($114.41/SF) 6.25% Cap Rate
Executive Summary
The property at 1401–1421 N. Clovis Avenue consists of an approximately 32,340± square foot light industrial complex situated on approximately 2.24± acres. Built in 1979 and zoned IL (Light Industrial), the property is configured for multi-tenant or flexible industrial use and can accommodate warehouse, distribution, light manufacturing, or service-oriented operations. The site offers functional improvements with on-site parking and loading areas, providing efficient circulation and accessibility for a variety of industrial users.
Property Facts
| Price | $3,700,000 | Lot Size | 2.24 AC |
| Price Per SF | $114.41 | Rentable Building Area | 32,340 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 6.25% | Year Built | 1979 |
| Property Type | Flex | Parking Ratio | 1.24/1,000 SF |
| Property Subtype | Light Distribution | No. Drive In / Grade-Level Doors | 12 |
| Building Class | C | ||
| Zoning | M-1, Fresno - Light Industrial | ||
| Price | $3,700,000 |
| Price Per SF | $114.41 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.25% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 2.24 AC |
| Rentable Building Area | 32,340 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 1.24/1,000 SF |
| No. Drive In / Grade-Level Doors | 12 |
| Zoning | M-1, Fresno - Light Industrial |
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advanced Garden Supply
- Retailer
- -
- -
- -
- -
- Alec's Treasures & Clothing
- Retailer
- -
- $5.40
- Industrial Gross
- May 2020
- CA Liquidators Inc
- Services
- -
- -
- Modified Gross
- -
- Cmg Construction Management
- Construction
- -
- -
- -
- -
- HAJB Enterprises
- Public Administration
- -
- $6.84
- -
- Jul 2020
- Just Tires & Wheels
- -
- -
- -
- Plus Utilities and Cleaning
- -
- Loud Buddha Llc
- Agriculture, Forestry, Fishing and Hunting
- -
- -
- -
- -
- San Joaquin Auto Care & Tire
- Services
- -
- -
- -
- -
- Skylark Bio
- -
- -
- $6.84
- -
- Aug 2019
- Teardrop Trailers USA
- -
- -
- -
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advanced Garden Supply | Retailer | - | - | - | - | |
| Alec's Treasures & Clothing | Retailer | - | $5.40 | Industrial Gross | May 2020 | |
| CA Liquidators Inc | Services | - | - | Modified Gross | - | |
| Cmg Construction Management | Construction | - | - | - | - | |
| HAJB Enterprises | Public Administration | - | $6.84 | - | Jul 2020 | |
| Just Tires & Wheels | - | - | - | Plus Utilities and Cleaning | - | |
| Loud Buddha Llc | Agriculture, Forestry, Fishing and Hunting | - | - | - | - | |
| San Joaquin Auto Care & Tire | Services | - | - | - | - | |
| Skylark Bio | - | - | $6.84 | - | Aug 2019 | |
| Teardrop Trailers USA | - | - | - | Modified Gross | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 107 is a 1,200± square foot office space compromised of reception/waiting area, conference room, 4 private offices, breakroom and two restrooms. The remaining balance is warehouse with a 10’x10’ rollup door.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 107 | 2,202 SF | Flex | - | Now |
1st Fl - 107
| Size |
| 2,202 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Fl - 107
| Size | 2,202 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
Suite 107 is a 1,200± square foot office space compromised of reception/waiting area, conference room, 4 private offices, breakroom and two restrooms. The remaining balance is warehouse with a 10’x10’ rollup door.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 455-231-11S | Improvements Assessment | $1,255,700 |
| Land Assessment | $590,914 | Total Assessment | $1,846,614 |
Property Taxes
Parcel Number
455-231-11S
Land Assessment
$590,914
Improvements Assessment
$1,255,700
Total Assessment
$1,846,614
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1401 N Clovis Ave
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