Great Owner User Opportunity: 2 Freestanding Buildings

Highlights

• Double Net Lease, LL Only Responsible for Property Taxes
• Fully Leased: 4+ Years Left on Lease Term
• Fully Leased Investment w/ Long Term Tenancy
• Cash Cow w/ Scheduled Gross Rents of $180,000 in 2026
• Cap Rate 2026 is 8.6%
• ±15,500 SF of Freestanding Office/Warehouse + Fenced Yard
• City Utility Services & Large Fully Fenced Paved Yard Area
• Superior Locations w/ Limited Competition | Strategic Trade Area
• Quality Construction | Well Maintained | Economical Space
• Excellent Access to All Major Freeways in Fresno
• 14,000 SF Warehouse / Parts Room, 1,500 SF Office
• 13 Ground Level Doors w/ 16' Clear Height
• 6 Pull Through Truck Bays | Heavy 600 AMPS, 3 Phase Power
• Clear Span Building w/ Small Office
• Tenant Lease Expires June 30, 2029

Description

Freestanding Absolute NN Leased Investment with Zero Landlord Responsibility. (2) freestanding buildings totaling ±15,500 SF of clear-span Industrial buildings on ±0.86 AC. Pombo's Fleet Service recently executed a new (5) Year Lease w/ actual rents of $162,000 annually w/ increases. This outstanding opportunity offers investors a long-term (5) year lease through June 30, 2029. Pombo’s Fleet Service acquired the seller’s business which has operated within the property for 45+ years. The main building is ±15,500 SF which consists of ±1,500 SF office/ showroom, private offices, break room, restrooms, and storage. The warehouse is ±14,000 SF, (67' x 156') with 6 pull-through bays (13 ground level rollup doors total.) Completely fenced, 600 Amps 3-Phase Power, 16' clear height, with economical City Utility Services. The rear building has ±5,000 SF consisting of five (5) ground level loading doors, clear span building, and a small office and parts with ample separately metered power. Unique investment offering easy-to-rent spaces within an under-built market offering a strong need for these types of spaces. The Cap Rate will be 8.6% in July 2026.

Located in the commercial service Enterprise Zone in downtown Fresno, between Freeways 99, 41, & 180, considered the most accessible industrial submarket in Fresno. Subject is directly off CA-41 with easy access and great visibility located south of the "M" Street entrance/exit, north of Van Ness Ave, west of Los Angelos Street, and east of CA-99. Strategic "mid-cities" location to conveniently serve Fresno, Madera, Kings, Merced, and Tulare Counties.

Located in the center of the heavily traveled San Joaquin Valley, Fresno is the fifth-largest city in California and is the largest city in the Central Valley with 972,297 metro residents. Lying at the foot of the Sierra Nevada Mountain Range which includes Yosemite, Kings Canyon and Sequoia National Parks, Fresno is known as the “Gateway to Yosemite”. 20.8% population growth from 2006 to 2016. Fresno is approximately 200 miles north of Los Angeles and 170 miles south of the Sacramento. Fresno is connected by two major freeways servicing the West Coast; Interstate 5 and Freeway 99.

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