916-730-7350
5801 88th St, Sacramento, CA for Sale
Warehouse - FOR SALE
1/2
null | Request Cap Rate

5801 88th St
Sacramento, CA 95828


HIGHLIGHTS

  • Freestanding ±28,880 SF building on ±1.89-acre site
  • Two yard areas with M-2 zoning
  • Fully leased to a large cannabis company with a new 5-year lease extension
  • Tenant operates a cannabis propagation facility and has invested significant capital improvements
  • Priced significantly below replacement cost; financial details available upon request
  • Lease currently below market

OVERVIEW

This freestanding ±28,880 SF building sits on a ±1.89-acre site with two yard areas and is zoned M-2. The property is fully leased to a large cannabis company, which has occupied the building since March 2020 and recently signed a new five-year lease extension. The tenant operates a cannabis propagation facility here as part of their ±290,000 SF of operations in the area and has made significant capital improvements to the building. The lease is currently below market, and the property is priced well below replacement cost, presenting a compelling opportunity for investors. Additional tenant and financial information are available upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

5

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.89

LAND SF

82,328

ZONING

M2, Sacramento

APN/PARCEL ID

062-0110-008

ASK ABOUT THIS PROPERTY

Peter WinterlingKidder MathewsMore Info
916-730-7350

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Peter WinterlingKidder MathewsMore Info
916-730-7350

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