3300 S. East Avenue Fresno, CA ±19.44 acres (655 x 1292 )
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1 3300 S. East Aenue Property Description ±19.44 acres of Prime Industrial Land for sale in the South Fresno Industrial Triangle on East Aenue between North Aenue and Central Aenue. The ±19.44 acre site is zoned I-H Heay Industrial and has City of Fresno sewer, water and storm drain connections. Property Highlights Location 3300 S. East Aenue APN # s: & 12 Sale Price $4,149,000 ($4.90/SF) Total Aailable ±19.44 Acres Zoning IH Heay Industrial City of Fresno General Plan IH Heay Industrial Utilities Water: 14 in East Aenue Sewer: 15 in East Aenue Electric: PG&E Gas: PG&E Storm Drain: 42 Fiber Optic Aailable Property Highlights Located within one mile from Highway 99 and Freeway 41 Site located within new opportunity zone with tax benefits DDG 512 Amazon Valleywide ULTA ±670,500 SF East Aenue W. Central Aenue
2 3300 S. East Aenue PARCEL MAP CHURCH AVENUE E JENSEN AVENUE E ANNADALE AVENUE 1292
3 3300 S. East Aenue PARCEL MAP CHURCH AVENUE Amazon DDG Valleywide Ulta Cosmetics E JENSEN AVENUE 1253 E ANNADALE AVENUE
4 3300 S. East Aenue NEARBY INDUSTRIAL USERS 1. Smith Kline Beecham W CHURCH AVE Sunset Waste Systems 3. IFCO W JENSEN AVE Dapper Tire 5. Plastic Industries 6. WDS 7. Foster Farms Toro 9. CMC Rebar Thermo King Utility Trailer Sales W NORTH AVE Kenworth 13. AC Electric Company 14. Ryerson 15. Ry-Den Truck Center 16. Fiore DiPasta Kraft W CENTRAL AVE S CHERRY AVE S EAST AVE S ORANGE AVE 11 S CEDAR AVE S CHESTNUT AVE 18. Donaghy Sales 19. Valley Wide Beerage 20. East Bay Tire Co. 21. Coast Aluminum 22. Pepsi 23. Ulta 24. Amazon
5 3300 S. East Aenue QUALIFIED OPPORTUNITY ZONE MAP The site is located in the new Qualified Opportunity Zone. CHURCH AVENUE This proides opportunity to potentially defer capital gains, increase basis and/or abate future capital gains on an inestment. E JENSEN AVENUE E ANNADALE AVENUE
6 Guide to Business Incenties Hiring Incenties New Employment Opportunities (NEO) Program Unique to Fresno County, the NEO Program is a six-month, short-term wage reimbursement hiring incentie program aailable to qualified employers hiring qualifying Fresno County residents. Month 1-3 of employment: 100% reimbursement Month 4-6: 75% reimbursement* Reimbursement aailable for background & drug screenings Potential for no-cost specialized training *extensions aailable under certain conditions New Employment Credit (NEC) California income tax credit aailable to qualified employers hiring qualifying employees. Business must be in a Designated Geographic Area (DGA) Credit is based on 35% of wage paid between 150% and 350% of California minimum wage (i.e. Credit is 35 on the dollar for eery dollar paid oer 150% of minimum wage) Must obtain online credit reseration within 30 days of completing California new hire reporting requirements on employee Work Opportunity Tax Credit (WOTC) Federal tax credit aailable for hiring qualifying indiiduals from certain target groups. Maximum tax credit ranges from $1,200 to $9,600, depending on the employee hired Must complete specified form(s) before and after time of hire and submit within 28 calendar days of the employee s start date Employment Training Panel (ETP) State program that reimburses the cost of employer-drien ocational training for new or existing employees. Upgrade employee skills by creating a customized training program through approed training agencies Reimbursement is performance based. A business ears ETP funds only after a trainee completes training program and is retained for a minimum time period (normally 90 days) at a pre-identified wage, in a job using the skills learned in training. State Incenties California Competes Credit California income tax credit negotiated between State & businesses that want to stay and grow in California or locate within California. Business maybe be located anywhere in California Credit amount depends on seeral factors, including*: job creation, economic impact, amount of inestment made in California by business *list not inclusie Manufacturing Equipment Sales & Use Tax Exemption Partial sales/use tax exemption on purchase or lease of manufacturing and related equipment. Eliminates 4.19% of states sales tax/use portion Immediate benefit exemption taken at the time of purchase Exemption may also apply to the materials needed to construct manufacturing facility Establishments that are primarily engaged in Research and Deelopment actiities in biotechnology, physical engineering, and life sciences may qualify Research and Deelopment (R&D) Credit Federal and State income tax credit aailable to businesses that incur qualified research expenses while conducting qualified research. Credit receied based on a percentage of the excess of current year research expenditures oer a computed base amount Industrial Deelopment Bond (IDB) Financing Program IDBs proide manufacturing and processing companies low-cost, low-interest financing for capital expenditures. Eligible expenditures: acquisition of land, building construction, building renoation, purchase of machinery and equipment Must be a manufacturing company requesting from $1 million $10 million Fresno County Economic Deelopment Corporation 906 N Street, Suite 120,
7 Federal & Local Incenties New Market Tax Credits (NMTC) The NMTC is a federal program created to spur new or increased commercial or industrial inestments in economically distressed areas. Businesses can receie capital to fund projects, business expansion, or debt refinancing Project must hae a community benefit (i.e. job creation of skilled workforce or employ those from under-sered communities) NMTC can fund 20% - 23% of a proposed project Ideal for projects seeking between $1 million to $9 million of additional capital Recycling Market Deelopment Zone (RMDZ) Incentie aailable to businesses that use recycled or recoered materials as raw materials in their manufacturing processes or reduce the creation of solid waste. Low interest micro-loan program (up to $2 million) Deelopment and permitting assistance Waier or reduction of deelopment/permit fees Aailable throughout Fresno County HUBZone (Historically Underutilized Business Zone) Federal program that helps small businesses in designated cities gain preferential access to federal procurement opportunities. Fresno County HUBZone designated Cities: Huron Mendota Orange Coe Parlier San Joaquin Fresno (certain areas within city) Sanger (certain areas within city) City of Fresno idifer The City of Fresno may reduce or eliminate deelopment impact fees for qualifying industrial job producing deelopment projects. Project Example: A new 155,000 sq/ft industrial building that fully qualifies under idifer would sae $176,000 in deelopment fees. For more information, contact the City of Fresno: Larry Westerlund (559) County of Fresno Fee Deferral Program Incentie aailable to qualifying job producing projects. Projects may defer 75% the County s Plan Reiew/Building fees, with a maximum of $50,000 deferment per project. Fees re-paid 25% annually for 3 years Project must create at least 20 jobs: directly or indirectly. PG&E Economic Deelopment Rate (EDR) Qualifying businesses in Fresno County will receie a 30% Enhanced Rate reduction on their monthly electricity costs 5 year program Designed for businesses with high energy loads (200 kw or greater) that are: - Considering locating within California and hae other out-of-state options - Relocating from California to other states - Closing their existing California operations Cushman & Wakefield 9 Rier Park Pl E #101, (559)
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