Henderson Enterprises LP Sells Industrial Property At 600-610 Sequoia Pacific Boulevard For $5.8M
600 Sequoia Pacific Boulevard
$5,800,000
$99/SF
Building Size
58,160 SF
Asset Type
MultiFamily
Closing
Oct 9, 2024
AI
The property involved in this transaction is an industrial building located at 600-610 Sequoia Pacific Boulevard in Sacramento, comprising three acres of land. The facility measures 58,160 square feet and was sold for $5.8 million. It features clear heights of 22 feet, eight dock-high doors, two grade-level doors, and includes 6,880 square feet of office space. The property is fully leased to WCP Solutions.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,800,000
- Square Footage: 58,160 SF
- Sale Price Per Square Foot: $100
- Seller: Henderson Enterprises LP
- Brokers: Anthony DeLorenzo, Matt Post, Nick Williams, Sammy Cemo & Todd Sanfilippo - CBRE
- Market: Sacramento
- Acres: 3
The sale was facilitated by CBRE, involving a team of brokers including Anthony DeLorenzo, Matt Post, Nick Williams, Sammy Cemo, and Todd Sanfilippo. They represented the seller, Henderson Enterprises LP, in this transaction, successfully closing the deal with an undisclosed buyer.
Players
Sacramento MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93