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3146 S Chestnut Ave 527,500 SF Industrial Building Fresno, CA 93725 $101,655,085 CAD ($192.71 CAD/SF) 5.65% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Leased Investment
- Institutional Grade Asset
EXECUTIVE SUMMARY
NEW Single Tenant NNN lease 15 year term with scheduled increases. Institutional Grade Asset. 3146 S. Chestnut Ave is located in Fresno, CA with easy access to Hwy 99, Hwy 41 and within 10 minutes drive to the Fresno Yosemite International Airport. This facility totals over 527,500 SF of industrial warehouse across 4 buildings with active rail on site. The interior loading bays and large elevated rail loading dock optimizes in-bound and outbound for both rail and truck. The facility is ideal for large logistics use on a single or multi-tenant basis. OM and pre-DD package will be sent upon completion of the signed NDA in the Teaser attachment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $101,655,085 CAD | Rentable Building Area | 527,500 SF |
| Price Per SF | $192.71 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1989 |
| Cap Rate | 5.65% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.12/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 44 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 22.08 AC | Opportunity Zone |
Yes
|
| Zoning | M3, Fresno - M2 Uses, any Industrial I Uses, Nuisance Type Uses 500 ft from any other Zone, no R Zone Uses | ||
| Price | $101,655,085 CAD |
| Price Per SF | $192.71 CAD |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 22.08 AC |
| Rentable Building Area | 527,500 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 0.12/1,000 SF |
| No. Dock-High Doors/Loading | 44 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | M3, Fresno - M2 Uses, any Industrial I Uses, Nuisance Type Uses 500 ft from any other Zone, no R Zone Uses |
AMENITIES
- Floor Drains
- Front Loading
- Signage
- Skylights
- USDA/FDA
- Reception
- Fiber Optic Internet
UTILITIES
- Lighting - Halogen
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 331-071-13 | Improvements Assessment | $21,023,336 CAD |
| Land Assessment | $1,462,928 CAD | Total Assessment | $22,486,264 CAD |
PROPERTY TAXES
Parcel Number
331-071-13
Land Assessment
$1,462,928 CAD
Improvements Assessment
$21,023,336 CAD
Total Assessment
$22,486,264 CAD
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3146 S Chestnut Ave
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