INDUSTRIAL PROPERTY SHOWCASE – MARTELLA INDUSTRIAL PARK – 100% LEASED – 1031-EXCHANGE?

Visalia

Martella Industrial Park – Modern Scale Meets Strategic Returns

EXECUTIVE SUMMARY

Step into the Martella Industrial Park, where brand-new construction meets long-term investment certainty. This 76,800 SF light industrial warehouse in Visalia is 100% leased, delivering immediate income while offering clear potential for value-add strategies. Priced at $10,500,000 ($136.72/SF) with a 4.32% cap rate, this property presents a rare combination of stability and upside.

With a 32’ clear ceiling height, wide drive aisles, and dual entrances from Sunnyview and Clancy, the facility is designed for efficiency. Bathrooms and roll-up doors are already in place, giving tenants modern convenience alongside operational functionality.

Whether you are pursuing a secure cash-flow investment or evaluating 1031-Exchange options, Martella Industrial Park positions you at the center of California’s agricultural and logistics powerhouse.

INVESTMENT HIGHLIGHTS

• 76,800 SF industrial warehouse (brand new construction, 2022)
• 100% leased with strong tenant mix
• Dual access via Sunnyview Ave & Clancy St for maximum logistics flexibility
• Bathrooms + roll-up doors integrated for immediate usability
• High clearance – 32’ ceilings
• Lot size: 5.96 acres for circulation and future optimization
• 4.32% cap rate offers balance between current yield and appreciation
• Opportunity Zone designation for tax-advantaged strategies
• Prime for 1031-Exchange buyers seeking both stability and scale

PROPERTY FACTS

• Price: $10,500,000 ($136.72/SF)
• Rentable Building Area: 76,800 SF
• Lot Size: 5.96 AC
• Year Built: 2022
• Cap Rate: 4.32%
• Clear Height: 32’
• Zoning: IH – Heavy Industrial
• Sale Type: Investment NNN
• Parking Ratio: 0.61/1,000 SF

LOCAL MARKET NOTE – VISALIA / CENTRAL VALLEY

Visalia is quickly emerging as a logistics hub of choice in the Central Valley, thanks to its proximity to Highway 99 and major distribution corridors. Tenant demand remains robust, driven by e-commerce, agricultural processing, and regional manufacturing, while new construction supply is still limited compared to neighboring Fresno. Investors are capitalizing on below coastal pricing with the same access to statewide markets.

In this climate, brand-new leased assets like Martella Industrial Park stand out: they deliver immediate income, minimize near-term capital expenditures, and benefit from the momentum of a growing industrial base. For those navigating a 1031-Exchange, the opportunity to place funds into a stabilized, high-utility facility in an Opportunity Zone creates both financial efficiency and long-term upside.

Martella Industrial Park is more than a warehouse — it’s a ready-made industrial investment positioned for today’s returns and tomorrow’s growth.

Links

Argossy International Properties
Visalia Economic Development Dept.
Tulare County Economic Development Dept.