Northpoint Business Center
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Northpoint Business Center
5 Properties Offered at $9,567,922 CAD in Sacramento, CA
Investment Highlights
- Offered at $7,000,000
- This portfolio acquisition allows for lucrative and flexible exit options
- Immediate access to Interstate 80, a major crosscountry thoroughfare running from California to New Jersey
- Northpoint Business Center is located ten minutes from Downtown Sacramento
Executive Summary
Newmark, as exclusive agent, is pleased to present the opportunity to purchase the five-building office/flex complex located in the Northgate/Natomas industrial submarket in Sacramento. Northpoint Business Center, constructed in 1983, is currently 98% leased to multiple tenants. The Property is ideally located just off the Norwood on/off ramp and enjoys immediate access to Interstate 80. Northpoint Business Center generates strong in-place income while offering an investor the opportunity to lease-up vacant space and increase cash flow. The property, which is situated on six separate parcels, consists of 2.78 acres and approximately 53,315 square feet of rentable area. In the event the purchaser is looking to acquire a 100% investment property, the asset is being offered at $7,000,000.
Property Facts
| Price | $9,567,922 CAD | Number of Properties | 5 |
| Price / SF | $180.75 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 52,935 SF |
| Status | Active | Total Land Area | 4.06 AC |
| Price | $9,567,922 CAD |
| Price / SF | $180.75 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 52,935 SF |
| Total Land Area | 4.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 300 Harris Ave, Sacramento, CA 95838 | Flex | 14,860 SF | 1983 | - |
| 3911 Norwood Ave, Sacramento, CA 95838 | Office | 8,000 SF | 1983 | - |
| 3901 Norwood Ave, Sacramento, CA 95838 | Office | 4,875 SF | 1983 | - |
| 310 Harris Ave, Sacramento, CA 95838 | Flex | 13,200 SF | 1983 | - |
| 320 Harris Ave, Sacramento, CA 95838 | Flex | 12,000 SF | 1983 | - |
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Northpoint Business Center
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