Updated Dec 21, 2023
Colliers Brokers Sell 9.14-Acre Industrial Property In Sacramento For $36.9M
1701 National Drive, Sacramento, California 95834, United States
$36,900,000
$179/SF
Building Size
206,000 SF
Asset Type
Industrial
Closing
Dec 30, 2021
About this deal
AI
The industrial property located at 1701 National Dr. in Sacramento has been sold. The property spans across 9.14 acres and consists of approximately 206,000 square feet. The transaction was facilitated by Brad Idleman, Andy Zighelboim, Kevin Moul, and Bob Gilley of Colliers. The sale took place on December 30, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $36,900,000
- Address: 1701 National Dr., Sacramento
- Market: Sacramento
- Acreage: 9.14
The sale price for the property was $36,900,000, leading to a price per square foot of $179. This successful transaction reflects the demand and value of industrial properties in the Sacramento market.
On the Map
$36,900,000
$179/SF
Industrial
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Players
Sacramento Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93