Two-Building Multi-Tenant Industrial
3523-3537 Kiessig Avenue Sacramento, CA 95823
3523-3537 Kiessig Avenue, Sacramento, CA, 95823
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For Sale
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Two-building industrial complex with 14 units totaling approximately 43,446 SF on 2.17 acres.
Property Size42,876 SF
Lot Size2.17 Acres
Price / SF$109.62
Days on Market87
Property Features for 3523-3537 Kiessig Avenue
General Information
- Standard status
- Active
- Size
- 42,876 SF
- Lot size
- 2.17 Acres
- Property subtype
- Industrial
Listing agency
MacLaughlin & Company
Listed by
MacLaughlin Company · License #00341182
Source
Crexi
Added: Apr 27 Updated: Jul 21 at 4:30PM Checked: Jul 21 at 4:30PM
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 MacLaughlin & Company
Investment Insights
Based on property information with market context.
This two-building, multi-tenant industrial complex is offered for sale and includes 14 units ranging from approximately 1,500 to 5,700 SF, totaling approximately 43,446 SF. The property sits on 2.17 acres and is suited for light manufacturing and service-related business uses.
The complex is located in the South Sacramento Industrial submarket and provides immediate access to Hwy 99, the Business 80 corridor, and Hwy 50.
The configuration supports multiple occupancies within two separate buildings, offering flexibility for tenants needing warehouse and light industrial space within a compact, shared industrial setting.
The complex is located in the South Sacramento Industrial submarket and provides immediate access to Hwy 99, the Business 80 corridor, and Hwy 50.
The configuration supports multiple occupancies within two separate buildings, offering flexibility for tenants needing warehouse and light industrial space within a compact, shared industrial setting.
Key Highlights
- Two‑building, multi‑tenanted industrial complex at 3523‑3437 Kiessig Avenue in Sacramento, CA.
- Total of 14 units with approximately 43,446 SF of industrial space across a two‑building setup.
- Unit sizes range from 1,500 to 5,700 SF, offering flexible space options for tenants.
Local Financial Insights For Industrial
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 | $411.6k | $9.60 |
| − Vacancy | −$24.3k | −$0.57 |
| EGI | $387.3k | $9.03 |
| − OpEx | −$116.2k | −$2.71 |
| NOI | $271.1k | $6.32 |
42,876 SF · lease $9.60/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$8.00M
$7.00M – $9.33M
NOI $559,841 @ 7.0% cap · market cap 11.91%
Second Best
Industrial
$3.87M
$3.39M – $4.52M
NOI $271,127 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$24.36M
$21.31M – $28.42M
NOI $1,705,006 @ 7.0% cap · market cap 36.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Jealousy Catering — 3537 Kiessig Ave # B, Sacramento, CA 95823
FAQs
What type of property is this?
Flex space - Two-building industrial complex with 14 units totaling approximately 43,446 SF on 2.17 acres.
Where is this flex space located?
The property is located at 3523-3537 Kiessig Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Two‑building, multi‑tenanted industrial complex at 3523‑3437 Kiessig Avenue in Sacramento, CA.; Total of 14 units with approximately 43,446 SF of industrial space across a two‑building setup.; Unit sizes range from 1,500 to 5,700 SF, offering flexible space options for tenants.
