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Madera Industrial WHSE 325-355 S Schnoor Ave

144,300 SF 4-Star Industrial Building Madera, CA 93637 $33,009,980 CAD ($229 CAD/SF) 5.25% Cap Rate

Investment Highlights

  • Madera Industrial WHSE offers the opportunity to purchase a flex industrial business park developed and delivered in 2023.
  • Strong lease-up performance highlights the demand in this high-growth segment, which is displayed by a 95% occupancy rate.
  • Upside with built-in rent escalations, plus monthly flat rate tenant bill-backs on top of the industrial gross rents, account for additional income.
  • Specs include being fully sprinklered, a 25-year roof warranty, superior insulation, an in-ground loading dock, and 3-phase power capability.
  • Madera Industrial WHSE is in a desirable industrial corridor near Highway 99 and Avenue 12, accessible to Fresno within a 30-minute drive.
  • Strategically located, businesses have access to a substantial warehouse worker labor pool of approximately 43,790 employees within 10 miles.

Executive Summary

Presenting a rare opportunity to acquire a newly constructed flex industrial business park, Madera Industrial WHSE, completed and delivered in Q2 2023. This property stands out as the region's newest delivery of small bay flex industrial space and is already setting market rates for like-kind spaces. The property currently operates at 95% occupancy, showcasing strong tenant demand and growth potential. Its strategic location and modern facilities position it as an attractive asset for businesses seeking functional, flexible industrial space. Professional management provides operational excellence, with tenants paying a flat monthly fee for recoverable expenses in addition to base rent. The site is optimized for security and convenience, making it highly attractive to a wide range of industrial tenants.
Each of the 74 bays spans 1,950 square feet and is equipped with a 12-foot by 4-foot roll-up door, a 10-foot by-14-foot temperature-controlled office, a private interior restroom, and a privately fenced 16-foot by-30-foot yard. Additionally, every unit includes a shop sink, heating and cooling in the warehouse space, and access to a shared loading dock. The site is fully fenced with remote access security gates and video surveillance in the common area. Units can be combined for tenants requiring a larger or more flexible footprint.
Madera Industrial WHSE is ideally positioned in an industrial corridor just around the corner from a major thoroughfare lined with prominent retail establishments, providing convenient access to a variety of amenities and high foot traffic. Located just off Highway 99, California’s primary north-south business corridor, this property offers direct and efficient access to the entire state, from agricultural hubs to major urban centers. The highway’s connectivity is a boon for logistics, offering convenient access to the Ports of Oakland and Stockton within a few hours' drive. This convenience facilitates the smooth transport of goods for regional and global markets with delivery timelines within one day for the San Francisco and Los Angeles Metropolitan Statistical Areas.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Financial Summary (Pro forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $33,009,980 CAD
Price Per SF $229 CAD
Sale Type Investment
Cap Rate 5.25%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Showroom
  • FlexLight Distribution
Building Class A
Lot Size 9.07 AC
Rentable Building Area 144,300 SF
No. Stories 1
Year Built 2023
Clear Ceiling Height 18 ft
No. Drive In / Grade-Level Doors 74

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer - City
  • Heating - Electric

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Fresno
530,093
23
0 h 32 m
San Jose
1,030,119
127
2 h 38 m
San Francisco
883,305
163
3 h 17 m
Los Angeles
3,990,456
243
4 h 34 m
San Diego
1,425,976
355
6 h 46 m
Las Vegas
644,644
422
7 h 52 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
95,754
Total Labor Force
43,112
Unemployment Rate
7.84%
Median Household Income
$56,002
Warehouse Employees
6,441
High School Education Or Higher
64.40%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-330-011
Land Assessment
$1,453,896 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$1,453,896 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025

zoning

Zoning Code I (light industrial business park)
I (light industrial business park)

Sale Advisors

Sale Advisors

(323) 601-2750
Contact
Erin Volpp, COO
(323) 601-2750
Contact
Growing up in a military family that frequently bounced around, Erin Volpp learned how to be adaptable and dependable in all circumstances. With an educational background in marketing and graphic design, Erin’s creativity, attention to detail, and communication skills bring to life successful deal-making strategies.
She became the General Manager of an independent commercial brokerage firm at the age of 23 and was an integral part in doubling the company’s annual revenue and growing its scope of influence. Her core strengths lie in project management, investor relations, operational efficiencies, and marketing. Erin utilizes these and more to oversee WHSE Partners daily operations and all of its moving pieces.
Erin enjoys spending time with her husband, Scott, and their puppy Mila, and prioritizes making time to visit her family on the East Coast. She earned her Bachelor’s Degree from the University of the Pacific.
(559) 369-2750
Contact
Rob Boese, CEO
(559) 369-2750
Contact
Rob Boese is a driven Commercial Real Estate expert who’s thirst for knowledge and broader understanding of the real estate arena is never satisfied. As a native New Yorker, Rob was exposed to the real estate world at an early age, assisting with the leasing and operating of his family’s Class-A medical-office, retail, and residential portfolio. Rob attended The Johns Hopkins University to study political science, after school he began practicing real estate in New York City doing Class-A high-rise apartment leasing. Rob was brought to California by his now wife during the aftermath of the 2008 market crash. He gained a multitude of experience in various fields of commercial real estate including working under a developer, at a prominent property management company, and then in 2013, opening his own Commercial Real Estate firm. He founded Boese Commercial with big dreams about serving clients on a deeper level then just a single transaction or property. Rob strategically grew the business doing most of the heavily lifting himself at the start, and assembling a support team along the way that has helped the company rise to the level of professionalism and service he had initially aspired to. Rob’s favorite project to date was a 47,000 SF office complex that he took over full operations of, in cooperation with a receivership. This property was under-leased and not running efficiently. In 7 months, Rob and his team upgraded the property, cut expenses, increased occupancy from 40% to 80% and disposed of it at the asking price. This project was a prime example of the high quality of work and added value that Rob brings to every assignment. Now that Boese Commercial is an established Commercial Real Estate Brokerage, Rob is even more dedicated to helping clients attain their goals and continue to develop long-term relationships with them. A few of Rob’s personal triumphs in the company’s history include being named a Costar Power Broker* every year the company has been in business and creating a balanced work-life environment for him and his team. Rob is a member of SIOR (Society of Industrial and Office Realtors). Rob is a member of CCIM (Certified Commercial Investment Member) is working to earn the designation in 2019. *Costar Power Broker 2015-2017 for Industrial Leasing CalBRE #01922740
  • Listing ID: 33999498

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 325-355 S Schnoor Ave, Madera, CA 93637

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