Skip to main content

Single-Tenant Industrial

1617 S Yosemite Ave

1617 S Yosemite Ave, Oakdale, CA 95361

Listing Price: $2,910,000

Cap Rate
6.40%
Gross SF
21,000
Price/Gross SF
$138.57
Lot Size
1.85 acres
Year Built
1996
Rentable SF
21,000

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of 1617 S Yosemite Avenue in Oakdale, California—a premier single-tenant net-leased (STNL) industrial investment opportunity in California’s Central Valley. The property is being offered as a sale-leaseback by the owner and tenant, FISHBIO, which recently executed a new 10-year triple-net lease. FISHBIO originally acquired the building in 2014 to serve as its corporate headquarters and has since made substantial capital improvements to the facility. The company is a recognized leader in aquatic research, conservation, and natural resource management, with additional offices in Chico, CA, and Southeast Asia.

Investment Highlights

  • Long-Term Triple Net Lease: FISHBIO Has Executed a New 10-Year NNN Lease, Providing Long-Term Stable Cash Flow and Minimal Management Responsibilities.
  • Established Tenant With Strong Track Record: FISHBIO Is a Reputable Environmental Consulting Firm Specializing in Aquatic Research and Resource Management, With Operations in California and Southeast
  • Significant Capital Investment: FISHBIO Has Heavily Invested in the Property Since Purchasing It in 2014 to Serve as Its Corporate Headquarters and Has Maintained the Facility in Excellent Condition.
  • Strategic Location: Located in Oakdale, CA, the Asset Benefits From Its Position Within the Growing and Accessible Central Valley Industrial Market, in a Submarket Where Vacancy Currently Stands at Just 0.3%.

Exclusively Listed By

Single-Tenant Industrial

1617 S Yosemite Ave

Listing Price: $2,910,000

Cap Rate
6.40%
Gross SF
21,000
Price/Gross SF
$138.57
Lot Size
1.85 acres
Year Built
1996
Rentable SF
21,000

Investment Highlights

  • Long-Term Triple Net Lease: FISHBIO Has Executed a New 10-Year NNN Lease, Providing Long-Term Stable Cash Flow and Minimal Management Responsibilities.
  • Established Tenant With Strong Track Record: FISHBIO Is a Reputable Environmental Consulting Firm Specializing in Aquatic Research and Resource Management, With Operations in California and Southeast
  • Significant Capital Investment: FISHBIO Has Heavily Invested in the Property Since Purchasing It in 2014 to Serve as Its Corporate Headquarters and Has Maintained the Facility in Excellent Condition.
  • Strategic Location: Located in Oakdale, CA, the Asset Benefits From Its Position Within the Growing and Accessible Central Valley Industrial Market, in a Submarket Where Vacancy Currently Stands at Just 0.3%.

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of 1617 S Yosemite Avenue in Oakdale, California—a premier single-tenant net-leased (STNL) industrial investment opportunity in California’s Central Valley. The property is being offered as a sale-leaseback by the owner and tenant, FISHBIO, which recently executed a new 10-year triple-net lease. FISHBIO originally acquired the building in 2014 to serve as its corporate headquarters and has since made substantial capital improvements to the facility. The company is a recognized leader in aquatic research, conservation, and natural resource management, with additional offices in Chico, CA, and Southeast Asia.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower