Multi-Tenant Industrial-Flex
1803 Tribute Rd Sacramento, CA 95815
For Sale
$1,775,000
Multi-tenant industrial-flex building with space available in a professionally managed park fronting Tribute Road.
Property Size11,815 SF
Price / SF$150.23
Days on Market113
Property Features for 1803 Tribute Rd
General Information
- Standard status
- Active
- Size
- 11,815 SF
- Property subtype
- Vacant-User
Building Details
- Year Built
- 1975
Listing Agency:
Marcus & Millichap - Sacramento
(916) 724-1326
Listed By:
Edward J. Nelson · License #License(s): CA: 01452610
(916) 724-1326
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento
Investment Insights
Based on property information with market context.
The property is an 11,815-square-foot multi-tenant industrial-flex building within a professionally managed industrial park. The park includes 1803 Tribute Road plus two adjacent buildings at 1805 and 1807 Tribute Road. The building is currently 57.7% leased to DoorDash under a triple-net (NNN) lease, leaving 4,995 square feet vacant and available for potential owner occupancy.
1803 Tribute Road is positioned at the front of the business park, offering the highest visibility from Tribute Road, which can support tenant signage and brand exposure. The site is situated between Highway 160 and Exposition Boulevard in the Point West community, with convenient access to major transportation corridors in the greater Sacramento region.
The remaining vacant area provides flexibility within the existing multi-tenant industrial-flex configuration while maintaining rental income from the current DoorDash tenant.
1803 Tribute Road is positioned at the front of the business park, offering the highest visibility from Tribute Road, which can support tenant signage and brand exposure. The site is situated between Highway 160 and Exposition Boulevard in the Point West community, with convenient access to major transportation corridors in the greater Sacramento region.
The remaining vacant area provides flexibility within the existing multi-tenant industrial-flex configuration while maintaining rental income from the current DoorDash tenant.
Key Highlights
- 11,815 SF multi‑tenant industrial‑flex building built in 1975 on Tribute Road in Sacramento
- Front of a professionally managed industrial park with 1805 and 1807 Tribute Road (3 buildings total)
- 57.7% leased: 6,820 SF to DoorDash under a triple‑net (NNN) lease
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.7k | $18.00 |
| − Vacancy | −$13.8k | −$1.17 |
| EGI | $198.8k | $16.83 |
| − OpEx | −$69.6k | −$5.89 |
| NOI | $129.3k | $10.94 |
11,815 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.85M
$1.62M – $2.15M
NOI $129,250 @ 7.0% cap · market cap 7.28%
Second Best
Warehouse
$1.30M
$1.13M – $1.51M
NOI $90,722 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$3.17M
$2.78M – $3.70M
NOI $222,240 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DashMart
Grocery & Convenience Store
Treasure Bins
Discount Store
Humphry Slocombe ice ...
Grocery & Convenience Store
Melva Menzies Warriner, ...
Law Firm
Similar Off Market Nearby
- The Hidden Table — 1767 Tribute Rd D, Sacramento, CA 95815
- Texas West Caterina & Music — Sacramento, CA 95815
FAQs
What type of property is this?
Flex space - Multi-tenant industrial-flex building with space available in a professionally managed park fronting Tribute Road.
Where is this flex space located?
The property is located at 1803 Tribute Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 11,815 SF multi‑tenant industrial‑flex building built in 1975 on Tribute Road in Sacramento; Front of a professionally managed industrial park with 1805 and 1807 Tribute Road (3 buildings total); 57.7% leased: 6,820 SF to DoorDash under a triple‑net (NNN) lease
