51.35± acres available for sale...procuring broker shall only be entitled to a commission,...
TRANSCRIPT
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
Asking Price: $5,592,015 | $2.50 PSF
Property Size: 51.35± ac
Zoning: IH - Heavy Industrial, Opportunity Zone,
Hub Zone
Parcel #: 480-050-19
Jurisdiction: County of Fresno (needs to be annexed to city prior to development.)
The subject property is a large heavy industrial infill parcel well positioned for redevelopment located in Fresno, California. This prime location and development friendly municipality make this site ideal for a heavy industrial subdivision, or a site for a large distribution center, both in short supply and very high demand. The property offers water, sewer, and fiber optic connectivity in Orange Avenue.
ProPertY information
ProPertY DescriPtion
ThomAS D. DAviSCBRESenior Vice [email protected] DRE #00880761
roberT J. TAylorCBRESenior Vice [email protected] DRE #00937509
DAniel T. [email protected] DRE #01964386
For Additional information Please Contact:
niCk AuDino, SiorNewmark Pearson CommercialSenior Vice President559.447.6270 [email protected] DRE #01231272
AVAILABLE FOR sALE51.35± acres
2314 S. orange Avenue - Fresno, California
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
aerial maP
location DescriPtion
Parcel maP: 480-050-19
99
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Subject property is currently located in the county of Fresno, but in the sphere of influence of the city. The property will need to be annexed into the city prior to development. The city is very receptive to the annexation. The property is located off of Orange Avenue in close proximity to Freeway 99 via Jensen Avenue to the south. Fresno's unique location in the Central Valley and geographic center of California offers overnight ground service from FedEx, UPS, and On Trac, and others to reach nearly all parts of California, a market of over 40 million people within one day via standard ground shipping.
AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
aerial
Subject Property
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91011
1220
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199
9941
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ProPerTieS
1. Pacific Gas & Electric
2. PDM Steel
3. Amazon Last Mile Location
4. West Rock
5. Louis Dreyfus Cotton
6. US Cold Storage
7. American Tire Distribution
8. Pepsi Cola
9: C & S Logistics
10: CML Rebar
11: Electronic Recyclers
12. Sally Beauty
13. Kraft Foods
14. East Bay Tire
15. Mission Food
16. Newstar Logistics, Glaxo Smith-Kline
17. Fed Ex
18. Ryerson
19. IFCO, WDS, Wester Power Sports
20. Foster Farms
J E n s E n A V E n u E
c H u R c H A V E n u E
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AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
logistics & Distribution
23
LOGISTICS & DISTRIBUTION
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BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSaS
Renooooooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
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UPS
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSa
Renoooooooooooooooooooooooooo R
PhoenixPh
TucsonTucso
DenverDenve
Salt LakeCity alt La
Las Vegasegas
OnTrac
Ground Package DeliveryTransit Days from Fresno
Transit Days
1
2
3
4
Access to 40 million customers within one day
Reach 40 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping. Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major markets within one day with their standard ground shipping, guaranteed. OnTrac, with their early-pull option, has the ability to reach the entire West Coast with their standard ground shipping service.
Logi
stic
s
23
LOGISTICS & DISTRIBUTION
Las VegasVegas
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSSaSaSaaaaaaaaaaaa
Renooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
FedEx
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSaS
Renooooooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
Las Vegasegas
UPS
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSa
Renoooooooooooooooooooooooooo R
PhoenixPh
TucsonTucso
DenverDenve
Salt LakeCity alt La
Las Vegasegas
OnTrac
Ground Package DeliveryTransit Days from Fresno
Transit Days
1
2
3
4
Access to 40 million customers within one day
Reach 40 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping. Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major markets within one day with their standard ground shipping, guaranteed. OnTrac, with their early-pull option, has the ability to reach the entire West Coast with their standard ground shipping service.
Logi
stic
s
23
LOGISTICS & DISTRIBUTION
Las VegasVegas
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSSaSaSaaaaaaaaaaaa
Renooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
FedEx
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSaS
Renooooooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
Las Vegasegas
UPS
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSa
Renoooooooooooooooooooooooooo R
PhoenixPh
TucsonTucso
DenverDenve
Salt LakeCity alt La
Las Vegasegas
OnTrac
Ground Package DeliveryTransit Days from Fresno
Transit Days
1
2
3
4
Access to 40 million customers within one day
Reach 40 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping. Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major markets within one day with their standard ground shipping, guaranteed. OnTrac, with their early-pull option, has the ability to reach the entire West Coast with their standard ground shipping service.
Logi
stic
s
23
LOGISTICS & DISTRIBUTION
Las VegasVegas
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSSaSaSaaaaaaaaaaaa
Renooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
FedEx
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSaS
Renooooooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
Las Vegasegas
UPS
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSa
Renoooooooooooooooooooooooooo R
PhoenixPh
TucsonTucso
DenverDenve
Salt LakeCity alt La
Las Vegasegas
OnTrac
Ground Package DeliveryTransit Days from Fresno
Transit Days
1
2
3
4
Access to 40 million customers within one day
Reach 40 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping. Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major markets within one day with their standard ground shipping, guaranteed. OnTrac, with their early-pull option, has the ability to reach the entire West Coast with their standard ground shipping service.
Logi
stic
s
23
LOGISTICS & DISTRIBUTION
Las VegasVegas
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSSaSaSaaaaaaaaaaaa
Renooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
FedEx
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSaSaS
Renooooooooooooooooooooooooooooooooooo R
PhoenixPh
TucsonTucsTTTTT o
Albuquerquebuqu
DenverDenve
Salt LakeCity alt La
Las Vegasegas
UPS
SeattleSeatt
Portlandortlan
BoiseB
Sacramentoramen
San FranciscoSa
FRESNO
Los AngelesLo
San DiegoSa
Renoooooooooooooooooooooooooo R
PhoenixPh
TucsonTucso
DenverDenve
Salt LakeCity alt La
Las Vegasegas
OnTrac
Ground Package DeliveryTransit Days from Fresno
Transit Days
1
2
3
4
Access to 40 million customers within one day
Reach 40 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping. Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major markets within one day with their standard ground shipping, guaranteed. OnTrac, with their early-pull option, has the ability to reach the entire West Coast with their standard ground shipping service.
Logi
stic
s
AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
location
6
Los Angeles
San Francisco
SacramentoSSS
Fresno
LOCATION
Centrally Located Fresno County is centrally located between the major markets of Northern and Southern California, with access to two of the state’s major transportation corridors CA-99 and I-5.
Market Distance from Fresno
Silicon Valley 140 miles
Sacramento 145 miles
Los Angeles 192 miles
Reno 285 miles
San Diego 315 miles
Las Vegas 385 miles
Phoenix 580 miles
Port Miles from Fresno
Stockton 116
Oakland 165
LA/Long Beach 241
Distance to Deep Water Ports
Distance to Major Markets
6
Los Angeles
San Francisco
SacramentoSSS
Fresno
LOCATION
Centrally Located Fresno County is centrally located between the major markets of Northern and Southern California, with access to two of the state’s major transportation corridors CA-99 and I-5.
Market Distance from Fresno
Silicon Valley 140 miles
Sacramento 145 miles
Los Angeles 192 miles
Reno 285 miles
San Diego 315 miles
Las Vegas 385 miles
Phoenix 580 miles
Port Miles from Fresno
Stockton 116
Oakland 165
LA/Long Beach 241
Distance to Deep Water Ports
Distance to Major Markets
6
Los Angeles
San Francisco
SacramentoSSS
Fresno
LOCATION
Centrally Located Fresno County is centrally located between the major markets of Northern and Southern California, with access to two of the state’s major transportation corridors CA-99 and I-5.
Market Distance from Fresno
Silicon Valley 140 miles
Sacramento 145 miles
Los Angeles 192 miles
Reno 285 miles
San Diego 315 miles
Las Vegas 385 miles
Phoenix 580 miles
Port Miles from Fresno
Stockton 116
Oakland 165
LA/Long Beach 241
Distance to Deep Water Ports
Distance to Major Markets
AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
incentives
local DeveloPment incentives • Pacific Gas & Electric (PG&E) Economic Development Rate (EDR) • County of Fresno Fee Deferral Program
Hiring incentives • New Employment Opportunities Employment Program (NEO) • New Employment Credit (NEC) • Employment Training Panel (ETP) • Work Opportunity Tax Credit (WOTC)
state incentives • Manufacturing Equipment Sales/Use Tax Exemption Programs • California Competes Tax Credit • California Research and Development (R&D) Credit • Recycling Market Development Zone (RMDZ)
feDeral incentives • Foreign Trade Zone (FTZ) • HUBZone (Historically Underutilized Business Zone)
financing incentives • Industrial Development Bond (IDB) Financing Program • New Market Tax Credits (NMTC)
*Additional information about each program can be provided upon request.
AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated
quicK facts, fresno countY
Number of large e-commerce fulfillment center projects completed or announced in 2017 and 2018: Amazon.com, Inc., ULTA Beauty, Inc., and Gap, Inc.
3
10
4740,000
1,000,000
40.4 billion
Number of Fresno County Census tracts approved as Opportunity Zones.
Non-Farm jobs created in Fresno County between June 2014 and June 2018.
Million Fresno County has officially surpassed a total population of 1 million in 2018 and is expected to grow at a faster rate (17.6%) than California (12.8%) by 2035
Fesno County’s GDP in 2016, ranking 69 nationally out of 382 metropolitan areas.
Months it took Amazon.com, Inc. to complete its 855,000± SF e-commerce fulfillment center in Fresno, including permitting, inspections, and construction.
5
POPULATION
Fresno 538,330
Clovis 113,883
Sanger 26,648
Reedley 26,390
Selma 24,742
Coalinga 16,791
Parlier 15,493
Kerman 15,083
Kingsburg 12,392
Mendota 12,051
Orange Cove 9,469
Firebaugh 8,112
Huron 7,302
Fowler 6,241
San Joaquin 4,119
Unincorporated 170,183
Fresno County Total: 1,007,229
Fresno County Population (2018)
Source: State of California, Department of Finance, E-1 Population Estimates — January 1, 2018. May 2018.
Region 2019 2025 2035% Growth 2019-2025
% Growth 2019-2035
% Growth 2025-2035
Fresno MSA 1,021 1,088 1,201 6.57% 17.57% 10.33%
California 40,295 42,326 45,441 5.04% 12.77% 7.36%
Projected Population (in thousands) and Growth (2019-2035)
Source: California Finance Department, Demographic Research Unit, and the U.S. Census Bureau's Demographic Data
Fresno MSA
California
United States
RegionProjected 2035 Population, Share by Age Group
0-14
15-19
20-24
25-34
35-54
55-64
65+
20.80%16.10%
17.40%
7.29%6.31%
5.86%
8.18%7.02%
5.99%
13.68%12.78%12.81%
23.65%24.46%
25.84%
9.35%11.04%
10.71%
17.04%22.30%
21.39%
Age
Gro
up
Source: Ibid
AVAILABLE FOR sALE2314 s. Orange avenue - FresnO, ca
2314 s. orange avenue
For Additional informationPlease Contact:
niCk AuDino, SiorNewmark Pearson CommercialSenior Vice President559.447.6270 [email protected] DRE #01231272
ThomAS D. DAviSCBRESenior Vice [email protected] DRE #00880761
roberT J. TAylorCBRESenior Vice [email protected] DRE #00937509
DAniel T. [email protected] DRE #01964386
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.
FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com
Independently Owned and Operated