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1050 Richards Blvd

1050 Richards Blvd.
Property Area
46,478 ft2
Price
7,700,000
Status
For Sale
Submarket
Railyards
Details

BUILDING SF: 46,478
OFFICE SF: 5,682
GRADE DOORS: 4 – 12’ x 14’
DOCK DOORS: 2 – 9’ x 10’
CLEAR HEIGHT: 28’ – 31’
COLUMN SPACING: 57’ x 50’
ZONING: M-1 Light Industrial
SPRINKLER DENSITY: ESFR
LOT SIZE: 2.68 acres (40% Coverage)
PARKING : 60 Passengers Stalls
FEATURES:
• Additional 0.82 acres available.
• Humidty controlled warehouse.

1050 Richards Blvd is a fully leased “Class A” industrial/flex building located near the heart of downtown Sacramento, California. The property is 100% leased to the State of California, Office of State Publishing (OSP). OSP provides innovative printing and communication solutions through specialized knowledge, statewide perspective, and coordinated public and private partnerships.

OSP has invested ±$3,270,000 in tenant improvements and is considering an additional investment of ±$540,000. The building is located 1/4 mile from OSP Headquarters and other nearby developments include Township 9, the Rail Yards Project, CHP headquarters, and Golden One Arena.

NOI: $497,651
CAP RATE: 6.5%
TOTAL NRA: 46,478
% LEASED: 100%

email: zacsweet@buzzoates.com
cell: 916.717.4768

Location