300 Harris Ave, Sacramento, CA 95838

The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of North Point Business Park (“The Property”), a five-building office/flex complex located in the Northgate/Natomas industrial submarket of Sacramento, California. Constructed in 1983 and totaling 52,365 square feet, the project is currently 90% leased to multiple tenants on various lease terms allowing immediate upside for a new owner.

The offering is comprised of five (5) separate buildings totaling 52,365 square feet, each situated on its own parcel. This configuration allows for a flexible exit strategy, enabling an investor to sell the buildings individually or as a portfolio. Currently 91% occupied by a diverse mix of tenants. Most leases are on a modified gross basis and short-term in nature, presenting an investor with the opportunity to transition to NNN leases and bring rents to market.

Strategically located in the Natomas/Northgate Industrial submarket, with immediate access to Interstate 80 via Norwood Avenue, the property is just 10 minutes from Downtown Sacramento and 15 minutes from Sacramento International Airport, giving it a competitive advantage due to its central location and ease of access. The Sacramento industrial market remains strong, with a vacancy rate of approximately 5.8% and average asking rents around $0.80/SF NNN. Leasing activity has rebounded significantly, and with no new construction currently underway, the market is well-positioned for continued rent growth and occupancy stability. North Point Business Park is well-aligned with these trends, offering investors a stable income stream and value-add potential in a prime location.

North Point Business Park offers a rare opportunity to acquire a multi-tenant industrial asset in Sacramento with strong fundamentals and significant upside potential. Multiple parcels allow for the opportunity to sell the buildings individually or together, providing flexibility for a variety of investment strategies. With stable in-place income, short-term leases, and below-market rents, the property is well-positioned for value creation through lease restructuring and rent growth. Its central location, strong tenant demand, and alignment with broader market trends make it an ideal acquisition for investors seeking both immediate cash flow and long-term appreciation.