Sacramento Industrial R&D
For Sale
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6290 88th St, Sacramento, CA 95828
19,688 SF industrial R&D building in Sacramento, CA.
Property Size19,688 SF
Price / SF$368.19
Days on Market636
Property Features for 6290 88th St
General Information
Standard status
Active
Size
19,688 SF
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$579,945
Building Details
Year Built
2007
Year Renovated
2019
Buildings
1
Tenancy
Single
Listing Agency:
Kidder Mathews Sacramento
(916) 751-3609
Listed By:
Jay Richter · License #CA 01305696
Source:
Crexi
Added: Nov 11, 2024
Changed: Aug 8
Last Checked: May 13 at 8:02PM
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 Kidder Mathews Sacramento
Investment Insights
Based on property information with market context.
The property is an approximately 19,688 square foot industrial R&D building. A tenant has invested $5 million in the building (2019/2020). The property is a cannabis nursery, genetics, and research facility fully approved by the City of Sacramento and the State of California. The tenant is in its 6th year of occupancy with 9+ years of lease term remaining. It is located at the entrance of Oates Industrial Compound.
Key Highlights
- Cannabis Nursery, Genetics, and Research facility fully approved by the City of Sacramento and the State of California.
- Significant Tenant Investment of $5 Million (2019/2020).
- Tenant in its 6th year of occupancy with 9+ years of lease term remaining.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 95828, CA
63,116
Population
18,603
Households
3.4
Avg Household Size
36
Median Age
17%
College-Educated
77%
High-School Grad
12.4 sq mi
ZIP Area
5,090
Density / Sq Mi
$77,524
Median Household Income
$39,136
Median Earnings
$1,709
Median Rent
$377,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - 19,688 SF industrial R&D building in Sacramento, CA.
Where is this cannabis property located?
The property is located at 6290 88th St Sacramento, CA.
What is the asking price?
The asking price for this property is $7,249,000.
What are key features of this property?
This property features: Cannabis Nursery, Genetics, and Research facility fully approved by the City of Sacramento and the State of California.; Significant Tenant Investment of $5 Million (2019/2020).; Tenant in its 6th year of occupancy with 9+ years of lease term remaining.
