Downtown Sacramento Mixed-Use
429 J St Sacramento, CA
429 J St, Sacramento, CA, 00000
Contact for pricing
For Sale
Contact for pricing
15,446 SF building with retail, event, and office spaces.
Property Size15,446 SF
Lot Size0.89 Acres
Price / SF$216.88
Days on Market499
Property Features for 429 J St
General Information
- Standard status
- Active
- Size
- 15,446 SF
- Lot size
- 0.89 Acres
- Property subtype
- OFFICE
Listing agency
Colliers | Sacramento
(916) 996-4123
Listed by
Dan Green · License #01260682
(916) 996-4123
Source
Moodyscre
Added: Mar 10, 2025 Updated: Jul 6 at 9:47AM Checked: Jul 21 at 3:53AM
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 Colliers | Sacramento
Investment Insights
Based on property information with market context.
Available for sale is a ±15,446 SF building located in Downtown Sacramento. The building features retail, event center, and creative office spaces. It is situated on a corner location, offering excellent signage opportunities. The property is located across the street from the DOCO and Golden 1 Arena and is within walking distance of numerous restaurants and dining options. Seller financing or a possible rent-to-own opportunity is available.
Key Highlights
- ±15,446 SF building featuring retail, event center and creative office spaces.
- Across the street from the DOCO and Golden 1 Arena.
- Seller financing or possible rent to own opportunity.
Local Financial Insights For Retail
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 | $363.3k | $23.52 |
| − Vacancy | −$21.1k | −$1.36 |
| EGI | $342.2k | $22.16 |
| − OpEx | −$102.7k | −$6.65 |
| NOI | $239.6k | $15.51 |
15,446 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.42M
$2.99M – $3.99M
NOI $239,553 @ 7.0% cap · market cap 7.15%
Second Best
Office B
$3.01M
$2.63M – $3.51M
NOI $210,439 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$4.15M
$3.63M – $4.84M
NOI $290,539 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maxi Payroll
Accounting Firm
Nvisible Payroll
Accounting Firm
Pagoda Events
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 15,446 SF building with retail, event, and office spaces.
Where is this office units located?
The property is located at 429 J St Sacramento, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: ±15,446 SF building featuring retail, event center and creative office spaces.; Across the street from the DOCO and Golden 1 Arena.; Seller financing or possible rent to own opportunity.
