Newmark is pleased to present the rare opportunity to acquire 4055–4069 W. Shaw Ave. & 4603 N. Brawley Ave. (collectively “Shaw Commerce Center”, “SCC”, "Portfolio", or “Project”), six highly functional, light industrial, multi-tenant buildings strategically located in Fresno, CA.
The Project totals 398,100 square feet and is situated on 22.6 acres of prime industrial land with direct access to CA-99, the region's major north-south arterial. Comprised of 31 units, the Portfolio offers a business park environment with corporate appeal, flexible building designs, and modern industrial features that cater to small bay users.
Shaw Commerce Center is 88% leased to 24 unique tenants with 2.5 years of average remaining lease term and rents 12.7% below market. SCC offers an attractive financial profile, with a diversified tenant mix, and affords investors the opportunity to substantially increase NOI and achieve outsized, risk-adjusted returns.