2728 E Jensen Ave - Warehouse FOR SALE


Fresno, CA 93706- Edison
$2,645,000 USD
559-905-9950
2728 E Jensen Ave, Fresno, CA for Sale
$2,645,000 USD
Warehouse - FOR SALE
1/3
null | 6% Cap Rate

2728 E Jensen Ave
Fresno, CA 93706
Edison


OVERVIEW

We are offering a 24,969 sf, 2-tenant industrial building at a 6% cap rate. There is freeway access within 1/4 mile in either direction, both to US Construction was completed in 2015. The property is both fenced & gated, with iron fencing & electronic access from Jensen Avenue. Bayland Battery, a subsidiary of East Penn Manufacturing, moved in May 1, 2015. Bayland has recently extended their lease to 2032 with an option to extend for an additional 6 years. El Potrillo, a western wear retailer, moved in September 1, 2016. Both tenants have been in that immediate area for more than 20 years. There is an assumable loan of $1,133,000, 3.31%. It does have a rate change mid 2027 but would be great interim financing while waiting to see what the borrowing market is going to do.

FOR SALE DETAILS

PRICE

$2,645,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.87

LAND SF

81,457

ZONING

M-3

APN/PARCEL ID

328-200-76

ASK ABOUT THIS PROPERTY

Lou GiniseLou Ginise IncMore Info
559-905-9950

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Lou GiniseLou Ginise IncMore Info
559-905-9950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.