CBRE, Inc. is pleased to present this single tenant leased IOS property in the heart of the burgeoning Power Inn Road submarket for sale.
Current rent is estimated at around 25% below market and Class B light industrial sits at only 2.6% vacancy. These figures, as well as the lack of new industrial construction and competing product make this highly desirable and highly capable of property value appreciation in the near term. Furthermore, the property is priced well below replacement cost (estimated at $300/psf), especially in light of the building’s unique features.
• ±24,000 SF building
• Situated on ±2.5 acres
• Built in 1991
? ±6,752 SF office
? ±1,248 SF conditioned storage/training area
? ±8,000 SF temperature-controlled production area
? ±8,000 SF warehouse
• ±48,900 SF fenced and paved yard
• 2 dock high doors
• 5 (±12’x14’) grade level doors
• ±2,000 amps,277/480 volt, 3 phase power (*Buyer to independently verify)
• ±24’ clear height in warehouse
• Fully Sprinklered
• M-2 Zoning (City of Sacramento-Heavy Industrial)
• Located in the heart of the Power Inn Road submarket
• Priced well below replacement cost
• Leased until January 31st, 2027