Multi-tenant industrial investment opportunity available for sale at $11,520,000 ($125/SF) at a 6.89% cap rate. The property is exceptionally located with strong anchor tenants and one 11K SF vacancy offering near-term upside.
Property Highlights:
Located in the McClellan submarket just northeast of Downtown Sacramento, 3301-3325 Orange Grove Ave provides quick access to Interstate 80 via Watt Avenue, offering excellent connectivity throughout the region. The property is primarily anchored by Johnstone Supply and National Carwash Services. The location offers synergy amongst industries with nearby neighbors including Ferguson, Slakey Brothers, Builders FirstSource, Contractor’s Warehouse and more. The property is located near Sacramento McClellan Airport & McClellan Business Park which has been developed into a significant economic hub, providing over 3,000 acres of industrial and office space that houses advanced manufacturing, logistics and aerospace tenants as well as an active runway for commercial and private aviation.
Property Features:
•Building: ±92,160 SF
•Acres: ±5.53 total
•APN: 240-0540-074-0000
•FAR: 0.38
•Zoning: M-1 (Light Industrial)
•Built: 1972
•±24’ - 26’
•Sprinklers: Wet system
•Docks: Five (5) total
•Grades: Eleven (11) total
•Roof: Resurfaced by Watson Roofing in 2023. Includes 10-year manufacturer material & and 5-year labor warranties.
Contact brokers for more info.