About 4311 Attawa Ave
An investor/user opportunity to acquire a 15,125 SF multi-tenant mixed-use metal building in Sacramento, California. Built in 1980, this building is zoned C-4 and is occupied by a multitude of office, art/music studios, and a light manufacturing tenant. With an average lease rate of $1.02 Sf and market rents of $1.25 SF, generous income upside is apparent and easily achievable. Acquisition Cap Rate is 4.3 %, and the market Cap Rate is 8.33% conservatively. All tenants are long term but on annual leases, expiring every January of the new calendar year.
Features of 4311 Attawa Ave
| MLS® # | ML81932937 |
|---|---|
| Price | $2,000,000 |
| Square Footage | 15,125 |
| Acres | 0.56 |
| Year Built | 1980 |
| Type | Common Interest |
| Sub-Type | Commercial Property |
| Status | Active |
Community Information
| Address | 4311 Attawa Ave |
|---|---|
| Area | Sacto South Land Park/Greenhaven |
| City | SACRAMENTO |
| County | Sacramento |
| State | CA |
| Zip Code | 95822 |
Amenities
| Utilities | Public Utilities, Master Meter |
|---|---|
| Parking Spaces | 17 |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air Heat, Other |
|---|---|
| Cooling | Central Air Conditioning, Other |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Roof | Metal Roof |
|---|---|
| Foundation | Concrete Slab |
School Information
| Attendance Zone | C.K. MCCLATCHY HIGH SCHOOL, CALIFORNIA MIDDLE SCHOOL, HOLLYWOOD PARK ELEMENTARY SCHOOL |
|---|
Additional Information
| Zoning | C-4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kelly Rivett |
|---|---|
| Office | Cornish & Carey Commercial |
| Office Contact | 916-569-2385 |
Listing Map
Listing Schools/Amenities
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Listing Price, Sale, & Status History
Price Reduced from $2,150,000 to $2,000,000
