3920 Capitol Ave West Sacramento, CA 95691-2190
Property summary
This exceptional 53,386 square foot, multi-tenant industrial property in West Sacramento, CA boasts a 100% occupancy rate and a strong 6.00% cap rate. Situated on a 3.38-acre lot at 3920 W Capitol Ave, 95691, this stabilized investment features one building with seven tenants, each on a triple-net lease, providing a stable and inflation-protected income stream. The property includes 144 parking spaces and benefits from concrete tilt construction, oversized 12' x 14' roll-up doors on every suite (averaging approximately 7,600 square feet), and minimal office buildout. Its prime location offers freeway visibility and immediate access to I-80 and Hwy 50, as well as the Port of West Sacramento. Strong market fundamentals, including a low vacancy rate and significant rent growth projections, support significant upside potential. The property is priced below replacement cost, making it an attractive investment opportunity in a highly sought-after infill location within one of the region's best industrial submarkets. The weighted average lease term remaining is approximately 2.9 years, presenting opportunities for accretive value with upcoming lease renewals at market rates. The West Sacramento submarket is the second largest in the region, with a low vacancy rate for light industrial Class B space. Average asking rates for similar-sized buildings in Sacramento have increased substantially over the past six years, further underscoring the property's value. There is currently no new multi-tenant industrial construction in Sacramento, contributing to the constrained supply in this market segment.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue
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Business To Business Service
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High School
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Association / Organization
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Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
Light Industrial (M-1). The M-1 Zone is intended to accommodate a diverse range of light industrial and workplace uses and protect these areas from incompatible uses. This zone provides for industrial parks, warehouses,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · West Sacramento, CALight Industrial (M-1). The M-1 Zone is intended to accommodate a diverse range of light industrial and workplace uses and protect these areas from incompatible uses. This zone provides for industrial parks, warehouses,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in West Sacramento, CA.
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