Creative Office
For Sale
Contact for pricing
111 Scripps Dr, Sacramento, CA 95825
Architecturally distinct office property with occupied space and a dedicated area for an owner-user or tenant.
Property Size8,958 SF
Price / SF$290.24
Days on Market107
Property Features for 111 Scripps Dr
General Information
Standard status
Active
Size
8,958 SF
Property subtype
OFFICE
Listing Agency:
Turton Commercial Real Estate - Corporate
(916) 573-3300
Listed By:
Scott Kingston · License #01485640
(916) 573-3309
Source:
Moodyscre
Added: Jun 30
Changed: Oct 6
Last Checked: Oct 12 at 8:32PM
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 - Corporate
Investment Insights
Based on property information with market context.
This office building combines an architecturally distinct workplace with a flexible ownership or occupancy profile. Approximately 3,300 SF is available within the 8,958-square-foot property, providing room for an owner-user or tenant to establish operations in a professionally occupied setting.
The remaining approximately 5,658 SF is leased to Sequel Insurance through November 30, 2032. That occupancy creates a defined lease component alongside the available office area, allowing the property to serve users seeking both dedicated workspace and an established tenancy within the building.
Located in Campus Commons, the property is surrounded by an amenity base described as stronger than typical suburban office settings. The offering is suited to an owner-user or tenant seeking creative office character within an existing professional environment.
The remaining approximately 5,658 SF is leased to Sequel Insurance through November 30, 2032. That occupancy creates a defined lease component alongside the available office area, allowing the property to serve users seeking both dedicated workspace and an established tenancy within the building.
Located in Campus Commons, the property is surrounded by an amenity base described as stronger than typical suburban office settings. The offering is suited to an owner-user or tenant seeking creative office character within an existing professional environment.
Key Highlights
- Approximately 8,958 SF office building
- Approximately 3,300 SF available for an owner‑user or tenant
- Approximately 5,658 SF leased to Sequel Insurance
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
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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?
Office building - Architecturally distinct office property with occupied space and a dedicated area for an owner-user or tenant.
Where is this office building located?
The property is located at 111 Scripps Dr 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: Approximately 8,958 SF office building; Approximately 3,300 SF available for an owner‑user or tenant; Approximately 5,658 SF leased to Sequel Insurance
