4331 Attawa Ave - Light Manufacturing FOR SALE


Sacramento, CA 95822- Pocket-Greenhaven
$1,800,000 USD
916-606-8600
4331 Attawa Ave, Sacramento, CA for Sale
$1,800,000 USD
Light Manufacturing - FOR SALE
1/9
null | 6.3% Cap Rate

4331 Attawa Ave
Sacramento, CA 95822
Pocket-Greenhaven


HIGHLIGHTS

  • $1.8m ( $119/sf)
  • 100% Occupied- Long Term Tenants on Short Term Leases
  • 6.3% Current Cap Rate
  • A Unique Mixed-Use Flex Building
  • C-4 Zoning
  • 4330 24th Street For Sale-$700k (8,182 SF Building)- Behind Subject Property

OVERVIEW

Newmark, as the exclusive advisor, is pleased to present for sale 4331 Attawa Avenue, a mixed-use office/light manufacturing building in Sacramento, California. Constructed in 1980, this metal building is comprised of roughly 15,125 SF on 2 levels, and is currently occupied by a multitude of office tenants, art studios, and a cider production facility. This property is 100% occupied with long term tenants on short term leases. The current acquisition cap rate is 6.3%. Huge rental income upside with an average lease rate at $0.91/SF. With in-place income, this building’s size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on Attawa Avenue, just south of Sacramento City College and Land Park, 4331 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalo’s Restaurant, Sutterville Bicycle Company, Raley’s, and Land Park Ski & Sports. *4330 24th Street is also for sale and can be purchased separately or together. The buildings back up to each other and priced at $700,000.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Food Processing, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

Water, Sewer, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56

LAND SF

24,394

ZONING

C4

APN/PARCEL ID

018-0053-042

ASK ABOUT THIS PROPERTY

Kelly RivettNewmarkMore Info
916-606-8600

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Kelly RivettNewmarkMore Info
916-606-8600

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