129 Otto Cir - Warehouse FOR SALE


Sacramento, CA 95822- Woodbine
$1,150,000 USD
916-704-9341
129 Otto Cir, Sacramento, CA for Sale
$1,150,000 USD
Warehouse - FOR SALE
1/9
null | 6.68% Cap Rate

129 Otto Cir
Sacramento, CA 95822
Woodbine


HIGHLIGHTS

  • Stabilized Industrial Building
  • M-1 Zoning
  • Multiple Roll Up Doors

OVERVIEW

The building consists of +/-6,400 sf of warehouse space and a small office located at the front of the building. The warehouse has 4 separate roll-up doors in use from both of the tenants who operate their auto body repair business. The property sits on +/-0.39 Acres with a majority of the lot being paved concrete. This industrial building is fully occupied with two separate tenants leasing the building who operate their auto body repair business. The tenants have a new 5-year lease which began in September 2024. Both tenants have been previously operating at the property for several years prior to their new lease. The current lease terms began with the tenant paying $1 PSF + $0.28 NNN.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

6.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39

LAND SF

16,988

ZONING

M1 S4

APN/PARCEL ID

036-0192-016

ASK ABOUT THIS PROPERTY

Daniel MuellerCentury 21 Select Real Estate Inc.More Info
916-704-9341

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Daniel MuellerCentury 21 Select Real Estate Inc.More Info
916-704-9341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.