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Martella Industrial Park 7732 W Sunnyview Ave 76,800 SF 100% Leased Industrial Building Visalia, CA 93291 $9,950,000 ($129.56/SF) 4.56% Cap Rate
Executive Summary
Investment Highlights
-Brand new construction light industrial warehouse available for sale.
- Bathrooms included with roll up door.
- Two separate entrances to property, one located on Sunnyview and Clancy.
- Value add through continued lease up efforts
- Available: 70,000 Sq. ft.
-Brand new construction light industrial warehouse available for sale.
- Bathrooms included with roll up door.
- Two separate entrances to property, one located on Sunnyview and Clancy.
- Value add through continued lease up efforts
- Available: 70,000 Sq. ft.
Property Facts
| Price | $9,950,000 | Lot Size | 5.96 AC |
| Price Per SF | $129.56 | Rentable Building Area | 76,800 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 4.56% | Year Built | 2022 |
| Property Type | Industrial | Parking Ratio | 0.61/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 32’ |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | IH - Heavy Industrial | ||
| Price | $9,950,000 |
| Price Per SF | $129.56 |
| Sale Type | Investment NNN |
| Cap Rate | 4.56% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.96 AC |
| Rentable Building Area | 76,800 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 0.61/1,000 SF |
| Clear Ceiling Height | 32’ |
| Opportunity Zone |
Yes |
| Zoning | IH - Heavy Industrial |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 077-200-039-000 | Improvements Assessment | $5,204,163 |
| Land Assessment | $501,993 | Total Assessment | $5,706,156 |
Property Taxes
Parcel Number
077-200-039-000
Land Assessment
$501,993
Improvements Assessment
$5,204,163
Total Assessment
$5,706,156
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Martella Industrial Park | 7732 W Sunnyview Ave