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Larkin-Westover Industrial Portfolio 2 Properties Offered at $3,250,000 in Fresno, CA
Investment Highlights
- 100% leased multi-tenant industrial investment with stable in-place cash flow
- Opportunity to increase NOI through lease rollover and improved expense recoveries
- Functional small-bay industrial improvements with 11 drive-in bays
- ±26,349 SF across two adjacent buildings on approximately 1.9 acres
- Dedicated yard areas provide additional income and future revenue enhancement potential
- Established Northeast Fresno industrial location near Fresno Yosemite International Airport with convenient highway access
Executive Summary
Fully leased multi-tenant industrial investment consisting of two adjacent buildings totaling approximately 26,349 SF on ±1.9 acres. The portfolio provides stable in-place cash flow with opportunities for future NOI growth through lease rollover, improved expense recoveries, and increased utilization of dedicated yard areas. Functional small-bay industrial improvements include 11 drive-in bays and a mix of warehouse, office, and yard space. Located in Fresno's established Northeast Industrial Submarket near Fresno Yosemite International Airport with convenient access to Highways 168, 180, and 41.
Property Facts
| Price | $3,250,000 | Status | Active |
| Price / SF | $123.34 / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.08% | Total Building Size | 26,349 SF |
| Sale Type | Investment | Total Land Area | 1.93 AC |
| Price | $3,250,000 |
| Price / SF | $123.34 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.08% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 26,349 SF |
| Total Land Area | 1.93 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5645 Westover Ave, Fresno, CA 93727 | Flex | 9,254 SF | 1975 | - |
| 2889 N Larkin Ave, Fresno, CA 93727 | Industrial | 17,095 SF | 1981 | - |
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Larkin-Westover Industrial Portfolio