325-355 S Schnoor Ave - Warehouse FOR SALE


Madera, CA 93637
$20,900,000 USD
949-822-9606
325-355 S Schnoor Ave, Madera, CA for Sale
$20,900,000 USD
Warehouse - FOR SALE
1/19
null | 5.75% Cap Rate

325-355 S Schnoor Ave
Madera, CA 93637


HIGHLIGHTS

  • Newly built and stabilized: Madera Industrial WHSE is a fully leased, modern business park delivered in 2023 with no deferred maintenance.
  • Diversified tenant base: Serving over 60 tenants across trades, including logistics, tech, and services, each averaging 1,950 square feet per unit.
  • Move-in-ready small bay units: Each with private yards, roll-up doors, and small offices, designed for low-friction operations and minimal oversight.
  • Infill growth location: Situated just off Highway 99, at the heart of Central California’s expanding logistics and housing corridor.
  • Growing cash flow: A projected NOI of $1.2M, short-term lease terms, and annual 3% rent increases offer built-in upside, demand, and stability.

OVERVIEW

Madera Industrial WHSE is a newly constructed, multi-tenant shallow-bay industrial business park totaling 144,300 square feet across four buildings, strategically located at 325–355 S Schnoor Avenue in Madera, California. Delivered in May 2023, the project has rapidly stabilized, with 88% occupancy achieved within 18 months. The asset comprises 74 small-format warehouse units averaging 1,950 square feet, catering to a diversified mix of service-based tenants, tradespeople, distributors, and regional light industrial users. Each unit features warehouse space, a private restroom, a fenced yard, and a small office, offering an optimal layout for local operators and small business owners. This offering is uniquely positioned to capture long-term value through rising rents and low tenant turnover. With renewal rates averaging 70 to 78% and rent increases of 3 to 8% on executed renewals, the asset benefits from its “sticky” tenant base, all driven by irreplaceable location, tailored suite design, and high tenant cost of relocation. Lease terms are an average of 24 to 36 months, creating frequent mark-to-market opportunities, while low capital expenditures and minimal operating intensity make the property especially efficient to manage. The surrounding Central Valley region continues to expand with new housing, retail, and industrial projects, further enhancing demand for flex warehouse inventory. Located just off Highway 99 in the heart of California, Madera Industrial WHSE offers direct access to one of the most cost-effective and growth-oriented regions in the state. With infill positioning and limited new construction for small-bay products, this property delivers the rare combination of stability, yield, and long-term upside. Investors will benefit from immediate in-place income backed by a strong rent roll and the opportunity to further enhance cash flow through continued leasing and organic rent growth.

FOR SALE DETAILS

PRICE

$20,900,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Madera Industrial WHSE

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

74

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.07

LAND SF

395,089

ZONING

I

APN/PARCEL ID

009-330-011

ASK ABOUT THIS PROPERTY

Justin SmithLee & AssociatesMore Info
949-822-9606

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Justin SmithLee & AssociatesMore Info
949-822-9606

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