1805 Tribute Rd Ste A Sacramento, CA 95815-4303

Property Details for 1805 Tribute Rd Ste A

Lot size

1.98 lot acres

Zone code

C-2-R-PUD

Property type

Industrial properties

APN

277-0320-004-0000

APU

27703200040000

Description

This exceptional 19,481 square-foot multi-tenant industrial flex property in Sacramento, CA, presents a compelling investment opportunity. Located at 1805 Tribute Road, this Class B, stabilized investment boasts a 6.53% cap rate and a strong NOI of $220,352. The property, built in 1979 and renovated in 2021, features 10 loading docks and 16-foot ceilings, spread across a two-story building on a 2.33-acre lot. Currently 100% occupied by nine tenants under triple-net leases, minimizing landlord expenses. The property includes an additional income stream of $800 per month from managing a common area parking parcel. Its prime location offers immediate access to Highway 160 and Business 80 (Capitol City Freeway), providing excellent transportation links throughout the greater Sacramento area. The property is zoned C-2-R-PUD and benefits from its proximity to downtown Sacramento and the thriving Sacramento metropolitan region. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a desirable location with significant growth potential. The asking price is $3,375,000, representing a price per square foot of $173.25. The property consists of one building and features a total of nine units. The APN is 227-0320-002 & 227-0320-004. Ownership is fee simple.