Listed by GQNorth Real Estate
$1,150,000
Investment or 1031X
Details
APN 277-0092-004/005
Property Type Office, Industrial
Sub Type Executive Office, Warehouse
Square Footage 4,260
Units 2
Cap Rate 6.50%
Tenancy Single
Brand/Tenant Loyal Towing
Lease Type Modified
Lease Term 7
Lease Expiration 05/30/2031
Rent Bumps Yes
Price per SqFt $270
Year Built 1976
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.420
Zoning M1-r
Parking Spaces 10 per 1,000 sq ft
Investment Type Sale/Leaseback
Lease Commencement 03/31/2026
Ground Lease No
Ceiling Height 18
Dock High Doors 2
Sale Condition Sale for leaseback
Office | 6.50% CAP | 4,260 SqFt
Investment highlights
- Unlock the potential of 1336 - 1340 Dixieanne Avenue, where two parcels combine to offer an expansive yard perfect for industrial endeavors. Currently housing a thriving towing company, this property boasts a meticulously maintained 4,260 SF Industrial Building with upgraded features, including a new 220a/200v Single Phase electrical panels. Warehouse with its 18' high ceilings. This is a Well-Maintained Property with Attractive Interior Office Finishes. New LED Lights, new epoxy floors, 3 private offices, 1 Conference Room, 1 extra-large Bonus Room, washer and dryer. Separate secure Storage room, two large ADA restrooms, 1 kitchenette, and a breakroom with Refrigeration, Sauna, large tiled shower, and 5 cable phone lines. Electric fencing and new chain link fencing with plastic privacy slats around the front of the building. Newer Roof in 2025.
- Currently this building is an owner user with a CUP for towing and is looking to sell under the condition of a leaseback. The tenant is a fully operational towing company and has been in business for several years with a stable long term contracts with AAA, California highway patrol, geico insurance, Sacramento police, Sacramento sheriff, code enforcement. Part of the condition is a five / seven year leaseback so he can continue his towing business at this location. If you are interested in the building as in owner user, please call me for details. We will entertain other possibilities with the right conditions.
- 6.5 Cap: The Seller is asking $ 1,150,000 and a lease-back price of $7,500.00 per month for five years, with a five-year option. His annual taxes and insurance are approximately $15,000. Open to negotiations, options, and terms.
Listing Contacts
Listed by GQNorth Real Estate
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