Description

We are offering 2045 South Van Ness Avenue in Fresno, California, for sale at $2,488,860, or $99 per square foot, with space also available for lease. The industrial building totals approximately 25,140 square feet on a parcel of about 52,694 square feet, zoned IH (Heavy Industrial) by the City of Fresno. It is metal and brick construction and is available immediately.

The building offers 20 to 25 foot clear height, four 12 by 14 foot roll-up doors and 240-volt, 3-phase power. It has been recently renovated with a new roof and gutters, new asphalt and a newly paved parking lot with ample parking, new interior and exterior LED lighting, new paint and full wrought iron fencing around a large yard. The interior includes a restroom, with the balance of the space in warehouse.

For lease, between approximately 5,000 and 10,150 rentable square feet is available on a triple-net basis, and the suites can be combined. An existing tenant is leased through May 31, 2028 and pays $5,500 per month NNN. For an owner-user, competitive financing is available with as little as 10 percent down, at an estimated monthly principal and interest payment of $14,776.42, or about $0.59 per square foot.

The property sits just south of Highway 41 with quick access to Highways 180 and 99, a hard-to-find location for downtown Fresno industrial space. Contact Bill Daly and James Bitter at Fortune Associates for a tour and lease terms.