Updated Dec 4, 2024
STAG Industrial Inc Acquires Industrial Property In Sacramento For $13.65M
5961 Outfall Circle
$13,650,000
$141/SF
Building Size
96,658 SF
Asset Type
Industrial
Closing
Oct 10, 2023
About this deal
AI
STAG Industrial Inc, a national real estate investment trust (REIT), has acquired 5961 Outfall Circle in South Sacramento. The property, which spans 96,658 square feet, was purchased for $13.65 million. The asset is located in the industrial market of Sacramento.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $13,650,000
- Square Footage: 96,658
- Address: 5961 Outfall Circle
- Market: Sacramento
The buyer of the property is STAG Industrial Inc, represented by Benjamin Butcher. STAG Industrial Inc is a national real estate investment trust specializing in industrial properties. It is the fifth property purchased by STAG Industrial Inc in the Sacramento region since 2020.
The seller of the property is HRC Outfall Circle LLC. No additional information about the seller or their representative is available at this time.
The property is currently leased to Home Depot Pro Institutional and Barnett. The acquisition of 5961 Outfall Circle further expands STAG Industrial Inc's presence in the Sacramento market and strengthens their industrial property portfolio.
On the Map
$13,650,000
$141/SF
Industrial
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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
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93