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1767 Tribute RdSacramento, CA 95815

7 Buildings, 121,816 SF, High Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Sacramento industrial portfolio comprises seven recently updated, multi-tenant buildings totaling 121,816 square feet. Located minutes from downtown Sacramento, near the I-80 and CA-160 interchange, this property benefits from excellent freeway access and proximity to retail amenities. The portfolio features 40 units across one-story buildings, boasting 14' to 18' ceiling heights, 41 loading docks, and 375 parking spaces situated on a 7.67-acre lot. Built in 1974, the property has undergone $5.6 million in capital improvements since 2018. Currently 65% occupied, with 25 tenants representing twelve diverse industries, this investment presents a stable cash flow with staggered lease expirations and a 2.3-year weighted average lease term (WALT). The portfolio offers a significant value-add opportunity due to below-market rents and the extremely limited new construction of comparable small-bay industrial space in the Sacramento market and across the Western U.S., creating substantial rent growth potential. The property's institutional ownership history and strategic infill location further enhance its appeal. This is a rare chance to acquire a well-maintained, multi-tenant industrial portfolio in a highly sought-after location with significant upside potential.

Highlights

  • Seven recently updated multi-tenant industrial buildings totaling 121,816 square feet, located minutes from downtown Sacramento.
  • Institutionally owned, with $5.6M in capital improvements since 2018; currently 65% occupied with 25 tenants across 12 industries, offering stable cash flow and staggered lease expirations.
  • Excellent location three miles from downtown Sacramento, with easy freeway access (I-80 and CA-160) and proximity to retail amenities.
  • High rent growth potential due to limited new small-bay industrial construction in Sacramento and the Western U.S.
  • Below-market rents and a 2.3-year weighted average lease term (WALT) present a significant value-add opportunity.

Property Details for 1767 Tribute Rd

Property type
Warehouses, Industrial properties
Square Feet
121,816 SF
Year Built
1974
Buildings
7
Stories
1
Lot Size (sq. ft)
334,105 SF
Units
40

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5963108
Longitude
-121.4487288
1767 Tribute Rd, Sacramento, California

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1767 Tribute Rd
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