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10220311
10220312

5444 S Nikita Ave, Fresno, CA 93725

JG
01211790, CA 01211790
Cushman & Wakefield - Fresno, California
JL
CA 01035392, 01035392
Listed by Cushman & Wakefield - Fresno, California
$2,520,000
1201 days on market
Updated 19 days ago

Three Crowns Industrial Park - Lot 19

Details
APN TBD / Lot 19
Property Type Industrial
Sub Type Warehouse
Square Footage 20,000
Cap Rate 5.30%
NOI $134,460
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 9.4
Lease Expiration 06/30/2025
Rent Bumps Yes
Lease Options One - 1 Year
Price per SqFt $126
Year Built 2005
Buildings 1
Stories 1
Lot Size (SqFt) 53,898
Zoning M-3 (Heavy Industrial)
Lease Commencement 02/01/2016
Ceiling Height 14' - 19'
Loading Docks 2

Industrial warehouse property with fenced yard

Marketing description

Pre-engineered Metal Building, R-7 Rigid Board Insulation

P.G. & E., Private water system for entire park, Sewer – SKF District

Owner’s Association:

The Three Crowns Industrial Park has established a new Owner’s Association for the common benefit of the (26) lot

owners. The Association will have a Board of Directors, Officers and an Architectural Committee. Copies of the

Association By Laws and its Declaration of Restrictions are available. The “Association” will hire a third-party Property

Manager who will coordinate the Association’s responsibilities including maintenance of the common areas, the common

storm drainage system and the private water system serving the Park. Each lot shall have a water meter and the

Association shall collect the water charges assessed to each Owner based on usage and the City of Fowler’s standard

water rates.

Investment highlights

  • Easy access to Hwy 99

  • Established Industrial Park

Listing Contacts

JG
01211790, CA 01211790
Cushman & Wakefield - Fresno, California
JL
CA 01035392, 01035392
Listed by Cushman & Wakefield - Fresno, California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$134,460.00
$11,205.00/mo

Valuation Metrics

0
DSCR
5.34%
Cap Rate
5.34%
ROI

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