Highlights
• Value-Add Multi-Tenant Industrial Park: Separate parcels provide flexibility for future sales or exit strategies • Short-Term Lease Profile: Weighted Average Lease Term (WALT) of 2.88 years creates opportunities for near-term rental growth and value enhancement • Fully Occupied: 100% leased to a diverse mix of tenants, ensuring stable cash flow
Description
The Moroz Drake Group of Marcus & Millichap has been exclusively engaged to market the sale of North Point Business Park, a five-building office/flex complex located in Sacramento’s highly sought-after Natomas/Northgate industrial submarket. Built in 1983, the property encompasses approximately 52,365 square feet across five separate parcels and is currently about 90–91% occupied by a diverse tenant base.The asset offers significant value-add potential through its predominantly short-term, modified gross leases, creating opportunities to transition tenants to NNN lease structures and increase rents to market levels. The separate parcel configuration also provides investors with flexible exit strategies, including the option to sell individual buildings or the entire portfolio.Ideally positioned with immediate access to Interstate 80, the property is just minutes from Downtown Sacramento and Sacramento International Airport, benefiting from strong regional connectivity. The Sacramento industrial market continues to demonstrate solid fundamentals, supported by low vacancy, healthy leasing activity, limited new supply, and favorable rent growth prospects.
Listing Details
- Cap Rate
- Space Type
industrial
- Sub Category
flex-space
- Date Listed
6/17/2026
- Broker/Agent Co-op
Yes
- Investment Type
Value Add
Property Specifics
- Property Name
North Point Business Park
- No of Buildings
- No of Stories
- Year Built
1983
- Building Size
- Lot Size
[object Object] Ac
- Occupancy