Sale Price: $2,109,699.00
PSF: +/- $246.13
NOI: +/- $118,143.15
CAP Rate: +/- 5.6%
Building Size: 8,532 +/- SF
Land Size: .73 AC or 31,799 +/- SF
N,AV Madera Currently Occupied by a National Office and A Medical Tenat.
Fully Leased Office / Retail investment. Ample Parking. Neraby Amenities
The building which was built in 1993 sits on +/- .73 AC of N/Av, Madera land. This one story office building provides 25 surface parking spaces, tremendous exposure onto the street and is in close proximity to major amenties. The +/-8,532 square foot building has a combined two tenant synergistic mix both with options to extend if so desired.
Madera, California Located in the Central Valley is a city with a small town feel and population of 66,7000 people. Located 22 miles north of Fresno it is home to award winning wineries and over 1,300 farms. Valley Childrens Healthcare was established 70 years ago and has since grown to one of the largest pediatric healthcare networks in the country. It is ranked among the best childrens hospitals by U.S. News and World Report, this year in seven pediatric specialies. Madera is a gateway to National Parks and Forests. Yosemite National Park is approximately 40 miles away and is one of the most visited national parks in the country. Nearby Sequoia National Park, lnyou National Forest, Sierra National Forest, Minarets Wild Area and the Nelder Grove of giant redwoods are also popular destinations. Known for its pro-business environment, attracting large corporations such as Constellation Wines, Georgia Pacific Corporation, Evapco West, Certatined Corporation, JBT FoodTech and many others. Rich in agriculture with a variety of crops, including almonds, pistachios, milk, grapes, cattle, alfalfa, and more. The countys 2020 agriculture production was valued at $1.95 billion. Agrotourism is a main attraction for the area, with tourists visiting the well-traveled Madera Wine Trail, corn mazes, the Pizza Farm, and more.
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