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10190 Systems Pkwy Sacramento, CA 95827

Sponsored
For Sale
$3,150,000

19,630 SF Flex Building, 100% Leased

Property size:
19,630 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
Exceptional investment opportunity: a 19,630-square-foot flex building located at 10190 Systems Parkway, Sacramento, CA 95827. This single-story, 100% occupied property boasts four loading docks and sits on a 1.47-acre lot. Built in 1988 and extensively renovated in 2020 and 2023, the building features a desirable OIMU zoning designation. Currently housing three tenants, including the State of California (occupying 83% of the space), this stabilized asset offers a strong 5.08% cap rate and a substantial net operating income (NOI) of $160,068. The asking price is $3,150,000, translating to $160.47 per square foot. This property presents a compelling investment opportunity, particularly for those seeking a 1031 exchange. The property's strong tenancy and recent renovations ensure a stable and potentially appreciating asset. The under-market rents provide an opportunity for future income growth.

Property Features for 10190 Systems Pkwy

General Information

Property type
Flex space
Square Feet
19,630 SF
Lot Size
64,033 SF

Building Details

Year Built/Renovated
1988/2020
Buildings
1
Stories
1

HighLights

  • Fully stabilized, 100% occupied building.
  • Strong, long‑term lease with the State of California occupying 83% of the space.
Property Profile Location Intelligence

Current Use by Public Records

New Life Foursquare ... Church New Life Preschool ... Preschool

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.31474742882
Latitude
38.564071791365

FAQs

What type of property is this?
Flex space - 19,630 SF Flex Building, 100% Leased
Where is this flex space located?
The property is located at 10190 Systems Pkwy Sacramento, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Fully stabilized, 100% occupied building.; Strong, long-term lease with the State of California occupying 83% of the space.;
More about this property
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