8640 23rd Avenue

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, the asset provides long-term upside through lease absorption and tenant diversification. Ideal for institutional investors seeking value-add opportunities in a well-located industrial asset.