Marcus & Millichap Sells Industrial Property At 6401 Stockton Boulevard For $1.6 Million

The property involved in this transaction is an industrial asset located at 6401 Stockton Boulevard and 6050 Elder Creek Road in Sacramento. The sale price was $1,600,000, with the property encompassing a total square footage of 43,996. The price per square foot for this transaction was $36.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,600,000
• Square Footage: 43,996
• Price Per Square Foot: $36
• Market: Sacramento

The deal was facilitated by broker Christopher Hurd of Marcus & Millichap, who arranged the sale of the net-leased property. The buyer, whose identity remains undisclosed, plans to lease the property to a suitable tenant.