32,255 SF Value-Add Industrial Investment | I-80/Roseville Road Submarket
Alex Peck and Zack Barnes, Partners at Lee & Associates, recently represented a private investor in the acquisition of 5753 Auburn Blvd in Sacramento, California — a 32,255-square-foot multi-tenant industrial park situated on approximately 2.07 acres in the highly sought-after I-80/Roseville Road submarket.
The property traded at a 7.5% capitalization rate with 100% occupancy at the time of sale.
The industrial park at 5753 Auburn Blvd consists of four single-story buildings containing more than 22 individual small bay units. Suites average approximately 1,400 square feet, making the property ideally suited for the small business tenants and service contractors that drive demand in the Sacramento industrial market.
Key property features include 16-foot clear heights, oversized 10' x 12' metal roll-up doors on every unit, 58 parking spaces, and minimal office buildout at roughly 5% of total square footage. The property was originally constructed in 1976 and has benefited from over $250,000 in recent capital improvements, including new roof coatings.
The site is accessible via Auburn Blvd with direct proximity to Interstate 80, placing tenants within easy reach of Roseville, Downtown Sacramento, and Sacramento International Airport.
This acquisition checked several boxes that our buyer — a private investor — was targeting in the Sacramento market.
Full occupancy with built-in upside. The property was 100% leased at the time of sale, providing immediate cash flow from day one. With in-place rents tracking below current market rates for the submarket, there is meaningful room to grow income as leases roll to market terms. The property's short weighted average lease term allows rents to be adjusted relatively quickly.
Small bay industrial is a supply-constrained asset class. Nearly all new industrial construction in Sacramento focuses on large-format distribution and warehouse projects. That means the supply of small bay buildings like 5753 Auburn Blvd is essentially fixed, while demand from local service businesses, contractors, and small manufacturers continues to grow. For buildings between 4,000 and 50,000 square feet in Sacramento, average asking rents have climbed roughly 51% over the past seven years, and vacancy sits below 3%.
The I-80/Roseville Road submarket is among the tightest in the region. This corridor holds approximately 1.3 million square feet of incubator industrial space and carries one of the lowest vacancy rates in the Sacramento market — well below the metro-wide average of 5.1%. Average asking rents in this submarket also rank among the highest in the region for this product type.
The broader Sacramento industrial market totals approximately 194 million square feet, but the incubator and small bay segment tells a different story from the headline numbers. While the overall market vacancy rate sits around 5.1%, vacancy for smaller industrial properties remains significantly tighter.
Demand from smaller to mid-size users continues to outpace new supply, and owner-user sales activity has remained consistent even as pricing has trended upward. With limited new construction in this segment and strong tenant demand driven by the region's 2.36 million residents and a labor force exceeding 1.1 million, the fundamentals supporting small bay industrial investments in Sacramento remain favorable heading into 2026.
| Property | 5753 Auburn Blvd, Sacramento, CA 95841 |
| Property Type | Multi-Tenant Industrial Park (Small Bay) |
| Building Size | ±32,255 SF across 4 buildings |
| Land Size | ±2.07 Acres (±90,169 SF) |
| Units | 22+ individual bays |
| Occupancy at Sale | 100% |
| Cap Rate | 7.5% |
| Year Built | 1976 |
| Clear Height | 16' |
| Buyer Representation | Alex Peck & Zack Barnes | Lee & Associates |
Whether you're a private investor targeting value-add industrial opportunities or an owner exploring a sale, the Peck CRE Group at Lee & Associates specializes in industrial real estate across the East Bay and Greater Sacramento region.
Industrial Real Estate Specialists | Lee & Associates
Specializing in industrial real estate across the East Bay and Greater Sacramento region, the Peck CRE Group brings deep submarket knowledge, data-driven analysis, and hands-on transaction experience to every deal. We help private investors, owner-users, and tenants identify and secure the right industrial properties across Contra Costa and Solano Counties and beyond.