109 Scripps Dr Sacramento, CA 95825
Unique creative office space with income potential in Sacramento.
Property Features for 109 Scripps Dr
General Information
- Standard status
- Active
- Size
- 8,958 SF
- Property subtype
- Office
Building Details
- Year Built
- 1973
Listing office Turton Commercial Real Estate (916) 474-5024
Listing date May 21, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Rare creative office space with volume, natural light, and character.
- Approximately 3,300 square feet available.
- Existing lease to Sequel Insurance generating approximately $158,000 in gross annual revenue through November 30, 2032.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.5k | $21.60 |
| − Vacancy | −$30.8k | −$3.43 |
| EGI | $162.7k | $18.17 |
| − OpEx | −$40.7k | −$4.54 |
| NOI | $122.0k | $13.62 |