Listing banner image
  • Property Type
    IndustrialProperty Type
  • Built
    1971Built
  • NOI
    $675,540NOI
  • In-Place Rents
    $40,095In-Place Rents
  • Available Space
    72,000 SFAvailable Space
  • Available
    72,000 SFAvailable

Description

Investment opportunity at 8640 23rd Avenue, a recently renovated 72,000 SF industrial property located in Sacramento, California. Built in 1971 and upgraded in 2020, this Class B asset features 24-foot clear heights, 4 dock-high doors, 7 grade-level doors, and a robust 400-600 amp power supply with sprinklers in place.

The property delivers a stabilized net operating income (NOI) of $675,540 with in-place rents at $40,095, highlighting an opportunity for rent growth in alignment with current market rates. Situated in a core industrial market with proximity to major transportation hubs,...

Documents

Offering Summary

  • Asking Price
    UnPriced
  • Property Type
    Industrial
  • Size
    72,000 SF
  • Available
    72,000 SF
  • Built
    1971

Sale Details

  • NOI
    $675,540
  • In-Place NOI
    $675,540
  • In-Place Rents
    40,095

Documents

Property Address

8640 23rd Avenue
Sacramento, CA 95826

Deal Team

Todd Sanfilippo profile image
Todd Sanfilippo
Executive Vice President Executive Vice President
CA RE Lic. 01045162

Description

Investment opportunity at 8640 23rd Avenue, a recently renovated 72,000 SF industrial property located in Sacramento, California. Built in 1971 and upgraded in 2020, this Class B asset features 24-foot clear heights, 4 dock-high doors, 7 grade-level doors, and a robust 400-600 amp power supply with sprinklers in place.

The property delivers a stabilized net operating income (NOI) of $675,540 with in-place rents at $40,095, highlighting an opportunity for rent growth in alignment with current market rates. Situated in a core industrial market with proximity to major transportation hubs,...

Documents

Offering Summary

  • Asking Price
    UnPriced
  • Property Type
    Industrial
  • Size
    72,000 SF
  • Available
    72,000 SF
  • Built
    1971

Sale Details

  • NOI
    $675,540
  • In-Place NOI
    $675,540
  • In-Place Rents
    40,095

Documents

Property Address

8640 23rd Avenue
Sacramento, CA 95826

Deal Team

Todd Sanfilippo profile image
Todd Sanfilippo
Executive Vice President Executive Vice President
CA RE Lic. 01045162
loader
This website uses cookies to ensure you get the best experience on our website. Learn more