4910 E Ashlan Avenue

    Fresno, CA 93726
    • $5,850,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 534714
    UPDATED: 39 min ago
    $5,850,000
    • 0
      BEDS
    • 2.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 45,666
      SQFT
    • $128
      $/SQFT
    Neighborhood:
    726
    Type:
    Commercial
    Built:
    2000
    County:
    Area:
    726

    School Ratings & Info

    Description

    FOR SALE - Approximately 45,000 square foot commercial flex building. This property has been exceptionally maintained by a professional investor who has put great consideration into every aspect of the project. The property offers a consistent cashflow with rent escalations built into the leases.After recent leasing efforts, the property is now at a 8.9% vacancy rate with one suite available for lease (fully leased, the property is +/- 9% CAP Rate). The project underwent many recent improvements including a new roof coating and refurbishing of the parking lot asphalt. Tenants are well taken care of and have invested in their own suite build-outs.

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    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-01-18T22:47:31.343.
    www.fresyesrealty.com/homes/101665090

    4910 E Ashlan Avenue Fresno, CA 93726

    • Price: $5,850,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 534714
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.44
    Acres
    45,666
    SQFT
    $128
    $/SQFT
    2000
    Built
    Neighborhood:
    726
    County:
    Fresno
    Area:
    726
    Property Description
    FOR SALE - Approximately 45,000 square foot commercial flex building. This property has been exceptionally maintained by a professional investor who has put great consideration into every aspect of the project. The property offers a consistent cashflow with rent escalations built into the leases.After recent leasing efforts, the property is now at a 8.9% vacancy rate with one suite available for lease (fully leased, the property is +/- 9% CAP Rate). The project underwent many recent improvements including a new roof coating and refurbishing of the parking lot asphalt. Tenants are well taken care of and have invested in their own suite build-outs.
    Exterior Features

    Access FreewayCity StreetAirport 1 Mile Exterior Stucco Loading Drive In LoadingLoading In Rear Location InteriorFrontage Parking Over 21 Spaces Roof Flat

    Interior Features

    Alarm And Security Sys Fire/SmokeSecurity Patrol Heating And Cooling Central Heat/Cool Office Sq Ft 0

    Property Features

    Available Date 1800-01-01 Cross Street Address Winery Ave Electric Electric Available Existing Loan Conventional Lease Type Net Lot Measurement Sqft Miscellaneous Security LightingInside StorageWet SprinklersDisplay WindowSecurity LightingSignage Occupancy Net LeaseModified Gross Lease Operating Expense 96559.00 Operating Income 563818.00 Owner Pays UtilitiesTaxesInsuranceMaintenance FeesParking Area Potential Use ChurchDay CareGeneral OfficeGovernmentHealth ClubMaterial StorageMedical OfficeRetail StoreWarehouse/Storage Property Subtype1 Office Property Subtype2 Retail Property Subtype3 Warehouse Reo Or Bank Owned No Restrooms 0 Sale Options Total Parcel Only Sales Includes Land & ImprovementsBuilding (S) Special Conditions 1031 Exchange Square Footage Source Tax Records Tenant Pays UtilitiesCommon AreaMaintenance FeesTaxesInsuranceParking Area Terms ConventionalCashSubmit Transaction Type Sale Water Sewer Gas City WaterCity SewerTelephone AvailableGas Available Zoning Il

    Listing provided courtesy of Robert Boese of Boese Commercial.


    © 2020 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-01-18T22:47:31.343.
     
    Fresyes Realty
    7785 N. Palm Ave #108
    Fresno CA, 93711