6290 88Th St Sacramento, CA 95828

This exceptional investment opportunity presents a 19,688 square foot, single-tenant, net-leased industrial R&D building located at 6290 88th Street in Sacramento, CA 95828. The property, built in 2007 and significantly renovated in 2019 and 2020 (with $5 million in tenant improvements), boasts 18-20 foot ceilings and sits on a 1.25-acre lot within the Oates Industrial Compound. Currently occupied by a cannabis nursery, genetics, and research facility, the tenant holds a fully approved permit from the City of Sacramento and the State of California. The lease features a remaining term of over nine years with built-in rent bumps, ensuring a stable and predictable income stream. The property offers a strong 8.00% cap rate and a net operating income (NOI) of $579,945. This stabilized investment presents a compelling opportunity to capitalize on the robust Sacramento industrial market, characterized by historically low vacancy rates and the long-term value of industrial real estate. The property's location at the entrance of the Oates Industrial Compound provides excellent visibility and accessibility. This is a rare opportunity to acquire a high-quality, net-leased industrial property with a long-term, creditworthy tenant and significant upside potential. The property's APN is 062-0160-010.