Bradshaw 3

Summary

In May 2024, we acquired Capitol Industrial Center North (9881-9969 Horn Road) and South (9828-9960 Business Park Drive): two multi-building assets consisting of 16 buildings total, 335,701 SF of flex-industrial product spanning 83 units ranging from 1,600-22,000 SF and situated across multiple APN parcels.
 

Property Snapshots

• 1. Horn Road (North)
  • • 221,230 SF
  • • 12 Small Bay Industrial Buildings
  • • 46 Suites
  • • Built in 1986 — $3.9M capital investment since 2020
  • • Unit sizes ranging 1,600 SF to 21,600 SF
  • • 93% leased to 31 tenants
  • • Diverse tenant base

   

• 2. Business Park Drive (South)
  • • • 114,471 SF
    • • 4 Small Bay Industrial Buildings
    • • 37 Suites
    • • Built in 1988 — $3.3M capital investment since 2020
    • • Unit sizes ranging 1,000 SF to
      13,211 SF
    • • 88% leased to 29 tenants
    • • Diverse tenant base

   

Location Overview

• • Strategic location with excellent access to Hwy 50
• • Sacramento is a transportation & distribution hub with nearby airports, ports and major interstates & highways
• • Access to 2.4M people within 30 miles and 12.6M people within 100 miles, drawing from Sacramento, Reno & Bay Area markets
• • Adjacent to existing GPR asset — Bradshaw 2 — acquired in Q3 2017