4361 PELL DRIVE, SACRAMENTO, CA (PELL INDUSTRIAL CENTER)
VALUE-ADD AND INFILL INDUSTRIAL
ACQUIRED IN SEPTEMBER 2020

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39,200 SF warehouse on 97,574 SF (2.24 acres) of land; 40% coverage

Located in the attractive Northgate/Natomas submarket of Sacramento, 5 minutes from I-80 and 15 minutes from the Sacramento Airport.

Property is in excellent shape after full renovation (interior and exterior) in 2012, with no current deferred maintenance.

Purchase price was discounted due to vacancy and below-market rents. Property is now fully occupied with four tenants and each lease signed at market rental rates, thus significantly increasing cash flow.

Northgate/Natomas is one of the strongest Sacramento submarkets with its strategic location right next to I-80, thus with the ability to service local as well as state and national businesses.