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5801 88th St 28,800 SF 100% Leased Industrial Building Sacramento, CA 95828 For Sale
INVESTMENT HIGHLIGHTS
- Freestanding ±28,880 SF building on ±1.89-acre site
- Fully leased to a large cannabis company with a new 5-year lease extension
- Priced significantly below replacement cost; financial details available upon request
- Two yard areas with M-2 zoning
- Tenant operates a cannabis propagation facility and has invested significant capital improvements
- Lease currently below market
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Sale Type | Investment NNN | Year Built | 1978 |
| Property Type | Industrial | Parking Ratio | 2/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.89 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 28,800 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | M2, Sacramento | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.89 AC |
| Rentable Building Area | 28,800 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | M2, Sacramento |
AMENITIES
- Fenced Lot
- Skylights
1 1
PROPERTY TAXES
| Parcel Number | 062-0110-008 | Improvements Assessment | $3,683,569 CAD |
| Land Assessment | $513,955 CAD | Total Assessment | $4,197,525 CAD |
PROPERTY TAXES
Parcel Number
062-0110-008
Land Assessment
$513,955 CAD
Improvements Assessment
$3,683,569 CAD
Total Assessment
$4,197,525 CAD
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5801 88th St
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