4044-4046 Wayside Ln - Warehouse FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$4,296,000 USD
916-642-3914
4044-4046 Wayside Ln, Carmichael, CA for Sale
$4,296,000 USD
Warehouse - FOR SALE
1/12
null | 6.25% Cap Rate

4044-4046 Wayside Ln
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • 100% LEASED SMALL BAY INDUSTRIAL PROJECT IN INFILL SACRAMENTO LOCATION
  • STRONG MARKET FUNDAMENTALS THAT SUPPORT UPSIDE

OVERVIEW

100% LEASED SMALL BAY INDUSTRIAL PROJECT IN INFILL SACRAMENTO LOCATION * 100% leased industrial asset with a diversified rent roll and durable in-place income. Pro-forma NOI is projected to grow ±44% during the 10-year holding period. * The Property includes 17 units that average ±1,529 SF, which are ideal incubator sizes with strong tenant demand and minimal lease-up costs. Minimal office buildout (±15%) and oversized 10’ x 12’ roll-up doors at every suite. * With long-standing tenants on NNN leases and annual rent increases, the Property presents an investor with an inflation-protected and stable income stream with ease of ownership. * Ownership has recently spent over $450,00 on property improvements, including roof re-coating, exterior paint, asphalt upgrades, fence & gate repairs, and interior renovations. * Situated off a main street with instant access to the I-80 and SR-80 freeways, the Property is ideally positioned in a dense infill location with ±376,186 residents and ±131,114 daytime employees within a 5-mile radius. STRONG MARKET FUNDAMENTALS THAT SUPPORT UPSIDE * The Greater Sacramento region is home to roughly 2.4 million residents and a labor force of 1.11 million. At the close of Q2 2025, the industrial sector accounted for 173,000 jobs, or 17% of the total employment in the region. * The incubator industrial segment of the market is outperforming the overall market. The overall Sacramento industrial market (201.5M SF) has a low vacancy rate of 5.4%, but the incubator segment has a vacancy rate of only 2.9%. * Smaller industrial properties under 50,000 SF have experienced ±4.7% annual rent growth over the last five years. * The Property sits within the I-80/Roseville Road Submarket, which has one of the lowest vacancy rates (2.5%) and highest average asking rents ($1.00 SF/month NNN) in Greater Sacramento.

FOR SALE DETAILS

PRICE

$4,296,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

9

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.48

LAND SF

64,469

ZONING

GC

APN/PARCEL ID

245-0180-032

ASK ABOUT THIS PROPERTY

Matt PostCBRE, Inc.More Info
916-642-3914

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Matt PostCBRE, Inc.More Info
916-642-3914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.