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2575-2589 S Sarah St 30,040 SF 100% Leased Industrial Building Fresno, CA 93706 $4,047,100 ($134.72/SF) 7% Cap Rate
Executive Summary
NNN leased building in prime location on Jensen Avenue with access within 1/4 mile to US 99 & California 41. Long-term tenants, so occupancy is very stable. Building contains both a drive-in roll-up door and a common area ground level dock. Spaces contain both office and warehouse areas with private restrooms. the building fronts on Jensen Avenue--2777 E Jensen--with other units fronting on S Sarah.
A contiguous parcel is also available for sale. They have operated as one entity since they were built. See 2561-2571 S Sarah.
A contiguous parcel is also available for sale. They have operated as one entity since they were built. See 2561-2571 S Sarah.
Property Facts
| Price | $4,047,100 | Rentable Building Area | 30,040 SF |
| Price Per SF | $134.72 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1979 |
| Cap Rate | 7% | Parking Ratio | 3/1,000 SF |
| Sale Condition | 1031 Exchange | Clear Ceiling Height | 18’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 7 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.82 AC | ||
| Zoning | M-3 - Heavy Industrial | ||
| Price | $4,047,100 |
| Price Per SF | $134.72 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.82 AC |
| Rentable Building Area | 30,040 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 3/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 7 |
| Opportunity Zone |
Yes |
| Zoning | M-3 - Heavy Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 479-320-15 | Improvements Assessment | $1,001,813 |
| Land Assessment | $194,568 | Total Assessment | $1,196,381 |
Property Taxes
Parcel Number
479-320-15
Land Assessment
$194,568
Improvements Assessment
$1,001,813
Total Assessment
$1,196,381
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2575-2589 S Sarah St