For Sale
$3,150,000

10190 Systems Pkwy Sacramento, CA 95827

19,630 SF Flex Building, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
134
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.

Highlights

  • Fully stabilized, 100% occupied building.
  • Strong, long-term lease with the State of California occupying 83% of the space.

Property Details for 10190 Systems Pkwy

Property type
Industrial properties, Flex space
Square Feet
19,630 SF
Year Built/Renovated
1988/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
64,033 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.564071791365
Longitude
-121.31474742882

FAQs

What type of property is this?
Industrial property - 19,630 SF Flex Building, 100% Leased
Where is the industrial property 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.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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10190 Systems Pkwy
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