Creative Office Space For
For Sale
Contact for pricing
109 Scripps Drive, Sacramento, CA 95825
Unique creative office space with income potential in Sacramento.
Property Size8,958 SF
Price / SF$290.24
Days on Market147
Property Features for 109 Scripps Drive
General Information
Standard status
Active
Size
8,958 SF
Total Parking Spaces
40
Property subtype
Office
Zoning
OB-PUD
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$178,416
Building Details
Year Built
1973
Buildings
1
Tenancy
Single
Listing Agency:
Turton Commercial Real Estate
Listed By:
Scott Kingston · License #01485640
(916) 573-3309
Source:
Crexi
Added: May 21
Changed: Oct 10
Last Checked: Oct 12 at 8:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turton Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 109 Scripps Drive offers a creative office environment within Campus Commons. The architecturally distinct office space is approximately 3,300 square feet and is located in a building where the majority of the space is already leased. The balance of the building, approximately 5,658 square feet, is leased to Sequel Insurance through November 30, 2032, generating approximately $158,000 in gross annual revenue. This arrangement provides income for an owner/user while allowing a tenant to occupy the available space. The property offers volume, natural light, and character. Companies may find this environment suitable for talent recruitment, culture development, and brand elevation. Positioned adjacent to Rio Del Oro Sports Club and surrounded by retail and dining destinations, including The UV, Pavilions, and Loehmann's Plaza, the location provides a live-work-play dynamic with convenience and accessibility. The property size is 8,958 square feet.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,046
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,440,920
$2.4M
Cap Rate 7%
$1,743,514
$1.7M
Cap Rate 9%
$1,356,067
$1.4M
Market Conditions
NOI Build-Up for 8,958 SF
Gross rent
$193.5K $21.60/SF
− Vacancy
−$30.8K −$3.43/SF
EGI
$162.7K $18.17/SF
− OpEx
−$40.7K −$4.54/SF
NOI
$122.0K $13.62/SF
Area
Sacramento, CA
Vacancy
15.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,440,920
Cap Rate 7%
$1,743,514
Cap Rate 9%
$1,356,067
Alternative Uses
Best Use
Office B
$1.74M
$1.53M – $2.03M
NOI $122,046 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.41M
$2.11M – $2.81M
NOI $168,500 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 95825, CA
36,081
Population
16,803
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
4.7 sq mi
ZIP Area
7,677
Density / Sq Mi
$64,264
Median Household Income
$35,994
Median Earnings
$1,582
Median Rent
$433,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Sacramento, CA
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Frequently Asked Questions
What type of property is this?
Creative space - Unique creative office space with income potential in Sacramento.
Where is this creative space located?
The property is located at 109 Scripps Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 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.
