3811 Florin Rd
Sacramento, CA 95823

Four building business park, in which one building (Building A) is sold and buildings B, C and D are available for sale for $ 85 per s.f., which is well below replacement cost. This standalone complex of buildings was built in 1961 with a mid-century design theme; sharp clean lines, floor-to-ceiling windows, and geometric shapes with a central atrium connecting the buildings. The building sizes that are part of the offering are as follows: Building B - 5,016 sf; Building C-6,977 sf and Building D - 7,376 sf. All three buildings are available as a portfolio or individually. Each building was divided into commercial condominiums in the 1980’s. Currently, some of the units are rented and the tenants include medical/dental, hair salon, nail salon, printing company, etc. This offering is ready for a hands-on buyer to purchase the property in AS IS condition at a deeply discounted listing price, re-establish the HOA, renovate and then sell each individual condominium unit separately or continue to own the asset and increase the occupancy thereby raising the revenue stream. Each individual condominium is separately metered, which is advantageous for the sale or leasing of the individual units. Additionally, each condominium has its own separate Assessor Parcel Number, making each a legal parcel for sale purposes. The property is in the immediate vicinity of Home Depot, Walmart, FoodMaxx, Goodwill, and 99 Ranch, amongst other retailers and also near Luther Burbank High School. Importantly, this property is in an opportunity zone. As an additional incentive, the seller would consider financing for credit-worthy and qualified buyers.