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30880728
27087345

1803 Tribute Rd, Sacramento, CA 95815

EN
CA CA 01452610
Marcus & Millichap - Sacramento
Listed by Marcus & Millichap - Sacramento
$1,775,000
258 days on market
Updated 44 days ago

Tribute Business Park

Details
APN 277-0320-001
Property Type Industrial
Sub Type Distribution, R&D (+1)
Square Footage 11,815
Net Rentable (SqFt) 11,815
Units 2
Occupancy 58%
Tenancy Multi
Lease Type NNN
Lease Term 6
Lease Expiration 08/21/2026
Remaining Term 0.2
Lease Options Two 3-Year Options
Price per SqFt $150
Broker Co-Op Yes
Class B
Year Built 1975
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.270
Zoning C-2-R-PUD
Investment Type Owner/User
Lease Commencement 09/01/2020
Ground Lease No
Ceiling Height 12'
Loading Docks 3
Ownership Fee Simple

Industrial | 11,815 SqFt

Marketing description

The subject property, located at 1803 Tribute Road, is an 11,815-square-foot multi-tenant industrial-flex building situated in Sacramento, California. Strategically positioned between Highway 160 and Exposition Boulevard, the property lies within the highly accessible Point West community.

1803 Tribute Road is one of three buildings in a professionally managed industrial park, which also includes 1805 and 1807 Tribute Road. Positioned at the front of the business park, 1803 offers the highest visibility from Tribute Road, making it ideal for tenant signage and brand exposure.

The building is currently 57.7% leased (6,820 square feet) to DoorDash, a publicly traded, nationally recognized online food ordering and delivery company. DoorDash occupies the space under a triple-net (NNN) lease, minimizing landlord responsibilities. The remaining 4,995 square feet (42.3%) is vacant, offering a unique opportunity for an owner-user to occupy the available space while benefiting from stable rental income from the existing tenant.

Ideally located near the eastbound on-ramp of Business 80 and Highway 160, the property offers convenient access to the greater Sacramento region. Highway 160 provides a direct route into Downtown Sacramento, while Business 80—also known as the Capitol City Freeway—serves as the business loop for Interstate 80 through Sacramento. This prime location has attracted a number of logistics and warehouse users due to its central proximity and excellent freeway access (see attached aerial photo).

Tribute Road is just a five-minute drive from Downtown Sacramento. As California’s state capital, Sacramento is part of the world’s eighth-largest economy and serves as the economic and governmental hub of a six-county region. The city itself is home to nearly 500,000 residents, with approximately 2.5 million in the surrounding metro area. Sacramento continues to attract individuals and businesses seeking a more affordable live-work environment, with convenient access to San Francisco Bay Area, Napa Valley, and Lake Tahoe.

In summary, 1803 Tribute Road presents an outstanding opportunity for both investors and owner-users, offering:

• A high-visibility location within a professional industrial park

• Stable income from a nationally recognized tenant (DoorDash)

• Vacant space ideal for immediate owner occupancy

• Excellent access to major transportation corridors and urban amenities

Investment highlights

  • Immediate Business 80 (Capital City Freeway) and Highway 160 Access

  • Fully Renovated in 2020

  • Owner User Opportunity with Rental Income from Tenant (Triple-Net Lease with DoorDash)

  • Part of Three Building Industrial Business Park (1803 Tribute is Situated at the Front of the Business Park with the Best Visibility)

Listing Contacts

EN
CA CA 01452610
Marcus & Millichap - Sacramento
Listed by Marcus & Millichap - Sacramento

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Additional Information

Name
Edward Nelson
License
CA 01452610
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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