616 Galveston St - Service FOR SALE


West Sacramento, CA 95691
$9,950,000 USD
916-508-9556
616 Galveston St, West Sacramento, CA for Sale
$9,950,000 USD
Service - FOR SALE
1/5
null | Request Cap Rate

616 Galveston St
West Sacramento, CA 95691


HIGHLIGHTS

  • Rare +/- 7.25 Acre Industrial Investment Opportunity in the West Sacramento Industrial Market
  • Leased +/- 16,800 SF Truck Service Facility with Multiple Existing Income Sources
  • Significant Secured Truck and Trailer Parking with Convenient Access to Freeways

OVERVIEW

PDF powered by eXp Commercial is pleased to present a rare +/- 7.25 acre industrial investment opportunity strategically located in the heart of the established West Sacramento industrial market. The property combines an existing +/- 16,800 SF truck service facility subject to a long term lease with significant income producing truck and trailer parking and secured industrial yard area. The property is currently utilized by trucking, transportation and truck parking users and benefits from multiple existing income sources. The truck service facility includes multiple service bays, a truck wash area, loading and unloading area, office, storage and related improvements. The balance of the property provides substantial truck and trailer parking and industrial yard capacity, creating a highly functional truck oriented industrial property with existing operations and income in place. The property is situated within the heart of the West Sacramento industrial market and provides convenient access to Interstate 80 and Highway 50, with connectivity to Interstate 5, and the greater Sacramento freeway network. The location provides excellent regional access for trucking, transportation, distribution and logistics operations throughout the Sacramento region and Northern California. The combination of existing investment income, a leased truck service facility, multiple income sources, substantial secured yard acreage, existing truck oriented infrastructure and a strategic West Sacramento industrial location creates a unique opportunity to acquire a large scale industrial asset with both current income and significant underlying land value. Additional lease, rent roll and financial information available upon request.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$592 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

10

PARKING SPACES

25

LAND DETAILS

LAND ACRES

7.25

LAND SF

315,714

ZONING

M-2

APN/PARCEL ID

008-053-001-000,008-053-002-000,008-062-004-000,008-062-006-000,008-062-008-000,008-401-003-000,008-401-007-000,008-401-008-000

ASK ABOUT THIS PROPERTY

Jon BiaseXp CommercialMore Info
916-508-9556

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

Jon BiaseXp CommercialMore Info
916-508-9556

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