5802-5840 Robertson Ave

Carmichael Commerce Center is an exceptional 32,760 square foot industrial/flex property situated on 1.82 acres in the vibrant Carmichael, CA submarket. The property has been incredibly well maintained and updated over the last 20 years by the current ownership, with nearly all of the major upgrades/capital expenses addressed with no known deferred maintenance issues in the near term. Strategically located at 5802 Robertson Avenue, this versatile property offers an excellent opportunity for both investors and/or owner-users.
For investors, the Carmichael Commerce Center offers a prime opportunity to capitalize on a well-maintained, strategically located property in the growing Carmichael submarket. The flexible space is ideal for a range of industrial and office uses, providing versatility to meet market demands. With the potential to restructure leases to NNN and increase rents to market rates, this property offers a projected 7.45% return starting in year 2. The short-term, month-to-month leases allow for immediate rent adjustments, driving yield growth and enhancing the investment’s overall return. Additionally, with all current leases well below market value, the property offers significant rent growth potential, making it an attractive prospect for investors looking for both stability and upside.
For owner-users, the Carmichael Commerce Center presents an exceptional opportunity to acquire a fully leased property with short-term lease agreements, providing immediate income post-acquisition. Owning this property offers the potential for significant long-term savings, with an estimated $3.3 million in savings over 10 years compared to leasing, factoring in rent, NNN expenses, principal paydown, depreciation, and appreciation. Ownership also provides tax advantages and gives you full control and flexibility to customize the space to meet your business needs. Additionally, securing your operations in this well-maintained property ensures long-term stability in a growing market, while becoming a valued member of the Carmichael business community offers the chance to contribute to local economic development.
Lastly, there is a unique opportunity to condominium-ize the suites and sell individual warehouse/flex condos, which at $250 per square foot, would generate a total resale price of $8,190,000 less the cost of placing a condo map on the property.
Don’t miss this rare opportunity to acquire a prime industrial/flex property in Carmichael. Contact us today to schedule a tour and learn more about how this property can fit your investment goals.