Lu Ann Henderson

FOR LEASE - M2 Condos Buildings Suite D - Approx.​ 22,000 SF - $1.00 PSF / NNN Suite E - Approx.12,000 SF - $1.00 PSF / NNN Suite G - Approx.​ 5,000 SF - $1.75 PSF / NNN Suite F - Approx.​ 5,000 SF - $1.50 PSF / NNN Existing CUP: Manufacturing Type 7 Existing CUP: Distribution / Delivery Zoning Type: M2-S Parking Ratio: 3 / 1000 Yard Expansion Potential: Yes

5.98% cap rate Only 30% of the 22,320 SF is occupied, with over $20K in revenue, leaving 70% to lease or owner-user.​ Pro forma at 15% cap rate.​ 12.17% cap rate year two.​ The 22,320 SF property sits on 1.4 acres with plenty of shared parking and a small private yard for the 15,458 SF vacant unit.​ The vacant property features barbed wire fencing, a sturdy cinder block building, a split-level warehouse with a pit area, and two rollup doors (drive-in).​ It has enclosed drive-in docks inside the building.​ There is a small private yard on the west side of the building where the property features two drive-up docks.​ There is also ample shared common area parking behind the building, and the hours of the club are 6 pm to 4 am, so the common area parking lot is shared in passing.​ This vacant unit has approximately 3,000 SF of office space: fantastic location, space, and growth potential.​ Invest confidently and unlock the financial rewards of owning a prime industrial property as an owner user or investor.​

It involves subdividing these parcels into 19 lots (18 residential and 1 for a stormwater detention basin) for the development of 18 single-family residences. The new homes would range in size from 1,077 SF to 1,804 SF. Additionally, there are plans to include optional 495 SF accessory dwelling units (ADUs) on 12 of the residential lots. The two existing single-family homes on the site will remain, and a lot line adjustment will be made along with the Tentative Subdivision Map. This means that the project will only utilize approximately 2.2 acres of the total site area. As for the parcels adjacent to our property, there is a proposal to subdividethem into 31 lots.Our property has the capacity to accommodate a maximum of 20 units for single-family homes through the process of subdivision.However, if the intention is to construct an apartment complex rather than single-family homes, it is necessary to engage with the City Planning Department to assess the feasibility and obtain the required approvals.It involves subdividing these parcels into 19 lots (18 residential and 1 for a stormwater detention basin) for the development of 18 single-family residences. The new homes would range in size from 1,077 SF to 1,804 SF. Additionally, there are plans to include optional 495 SF accessory dwelling units (ADUs) on 12 of the residential lots. The two existing single-family homes on the site will remain, and a lot line adjustment will be made along with the Tentative Subdivision Map. This means that the project will only utilize approximately 2.2 acres of the total site area. As for the parcels adjacent to our property, there is a proposal to subdividethem into 31 lots.Our property has the capacity to accommodate a maximum of 20 units for single-family homes through the process of subdivision.However, if the intention is to construct an apartment complex rather than single-family homes, it is necessary to engage with the City Planning Department to assess the feasibility and obtain the required approvals.

I help buyers and sellers make confident decisions with clear guidance, smart pricing strategy, and strong negotiation.

Clients describe me as responsive, trustworthy, and proactive with updates. My focus is protecting you in the details, keeping the process organized, and delivering a smooth path from the first conversation to closing day. I’m a Sacramento Association of REALTORS® Masters Club Life Member and serve the Greater Sacramento area. 

Dan Gossett

Broker of Trimax Realty, Inc. and in the industry for 26years. Residential, Commercial, Loans... we handle it all. it's not all about commissions... it's about the relationship and building together while protecting your interests. Let's talk and see what I can bring to the table for you.

Fred Nabati

Rick Warner is a Vanguard Properties Top Producer, founder of The We Group, Certified Probate and Trust Specialist and Certified Residential Real Estate Divorce Specialist serving Petaluma, Santa Rosa, Novato, Rohnert Park, San Rafael and communities throughout Sonoma and Marin Counties. With more than 22 years of experience, 500+ confirmed transactions totaling more than $351 million in closed sales, and 130+ five-star client reviews, and recognition as a Top 1% REALTOR® since 2014, Rick specializes in probate, trust, and divorce-related real estate while also helping buyers, sellers, investors, and luxury clients achieve successful outcomes through strategic guidance, skilled negotiation, and exceptional service.


Lu Ann Henderson

About Lu Ann Henderson

Contact Agent

Recent property sales & transaction history

3 properties

Sacramento

Properties for sale by listing agent Lu Ann Henderson

$599,000

Similar real estate agents nearby