Value Add Investment: 41,784 SF of Warehouse Buildings

610 North E St, Madera, CA

$0.60 to $0.70/sqft/mo

Price

41,784 sqft

Building Size

1.83 acres

Lot Area

Overview
Building Size
41,784 sqft
Lot Area
1.83 acres
Occupancy
57%
Class
B
Year Built
1977
Description

±2,916 SF within a commercial service multi-tenant complex on ±1.83 Acres (±79,606 SF) between Fresno and Merced in Madera, CA. Offering a variety of move in ready warehouse spaces within an under-built market on reasonable lease terms. Great visibility, convenient parking & easy access to CA-99 on/off ramps. Many front parking spaces available and excellent existing corner signage. Suites offer multiple configurations and are setup to have a office/showroom, shop, and a fenced common area parking lot. Spaces equipped w/ ample power, roll up doors, restrooms, sky lights, air vents, evap coolers, heaters, security, separate meters, and have the ability to be combined.

Located just SW of N "E" St between Central & E 3rd. Madera is the county seat with the city and county population at 65,508 and 156,890, respectively. Located in the San Joaquin Valley, Madera is the principal city of the Madera–Chowchilla Metropolitan Area, which encompasses all of Madera County, and Fresno. Within the city, CA-99 carries traffic in a north/south orientation. East of the city, CA-41 can be accessed via county roads, or via CA-145. Near the Madera Amtrak station as well as a planned California High-Speed Rail stop.

Property serves all surrounding communities including Fresno, Clovis, Chowchilla, Ahwahnee, Bass Lake, Bonadelle Ranchos-Madera Ranchos, Coarsegold, Fairmead, La Vina, Madera Acres, Nipinnawasee, Oakhurst, Parksdale, Parkwood, Rolling Hills, and Yosemite Lakes.

N/A

Highlights
  • TEEN Cash-on-Cash Returns After Stabilized
  • Investment Opportunity: Leased Industrial Buildings
  • Long-Term Tenants | Low Turnover | Low Maintenance
  • ±41,784 SF On ±1.83 Acres w/ Ample Yard Area
  • Cash Cow To Produce $236K In Rents ($6.49/SF/Yr)
  • Metal Construction - Well Maintained Buildings
  • Long Term Tenants w/ Upside Potential Via Leasing
  • Easy Access from Surrounding Major Corridors
  • Functional Warehouse Spaces | East To Rent
  • Requires Little Management or Maintenance (Metal Buildings)
  • Easy Access to Highway 99 On/Off Ramps
  • Excellent Existing Signage On 3 City Street Corners
  • Shop with Roll Up Doors + Fully Improved Yard Area
  • Ample Parking, Quality Tenants, & Great Exposure
  • Building Equipped w/ Evaporative Coolers & Heaters
9 Spaces Available

401 N E St #A, AWarehouse

Available:
Immediately
Sublease:
No
SQFT
1,350
Lease Rate:
$0.60/sqft/mo
Lease Type:
Gross

401 N E St #B, BWarehouse

Available:
Immediately
Sublease:
No
SQFT
640
Lease Rate:
$0.60/sqft/mo
Lease Type:
Gross

401 N E St #F, FWarehouse

Available:
Immediately
Sublease:
No
SQFT
6,000
Lease Rate:
$0.60/sqft/mo
Lease Type:
Gross

610 N E St #100, 100Warehouse

Available:
Immediately
Sublease:
No
SQFT
2,920
Lease Rate:
$0.60/sqft/mo
Lease Type:
Gross

610 N E St #102, 102Warehouse

Available:
Immediately
Sublease:
No
SQFT
2,916
Lease Rate:
$0.60/sqft/mo
Lease Type:
Gross

Documents

Location
Gallery