Class B Office Building For
For Sale
$13,000,000
9750 Business Park Drive, Sacramento, CA 95827
Two-story office building in Sacramento's Highway 50 Corridor East submarket.
Property Size69,407 SF
Lot Size5.25 Acres
Price / SF$187.30
Days on Market197
Property Features for 9750 Business Park Drive
General Information
Standard status
Active
Size
69,407 SF
Lot size
5.25 Acres
Property subtype
Office
Listing Agency:
Newmark | Sacramento
(916) 569-2352
Listed By:
Mike Smith · License #CalDRE #01504428
Source:
Nmrk
Added: Jan 27
Changed: Aug 11
Last Checked: Aug 12 at 4:54AM
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 Newmark | Sacramento
Investment Insights
Based on property information with market context.
The property at 9750 Business Park Drive is a Class B, two-story office building constructed in 1984. The building has a total area of approximately 69,407 square feet and is situated on approximately 5.25 acres. The property is located in the Highway 50 Corridor East submarket of Sacramento and is currently 95% leased to three tenants.
Key Highlights
- 95% leased to three tenants, providing immediate income.
- Located in the desirable Highway 50 Corridor East submarket of Sacramento.
- Class B two‑story office building suitable for various tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$945,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$18,912,300
$18.9M
Cap Rate 7%
$13,508,786
$13.5M
Cap Rate 9%
$10,506,833
$10.5M
Market Conditions
NOI Build-Up for 69,407 SF
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.
Gross rent
$1.50M $21.60/SF
− Vacancy
−$238.4K −$3.43/SF
EGI
$1.26M $18.17/SF
− OpEx
−$315.2K −$4.54/SF
NOI
$945.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$18,912,300
Cap Rate 7%
$13,508,786
Cap Rate 9%
$10,506,833
Alternative Uses
Best Use
Office B
$13.51M
$11.82M – $15.76M
NOI $945,615 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$18.65M
$16.32M – $21.76M
NOI $1,305,546 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 95827, CA
21,566
Population
7,922
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
2,423
Density / Sq Mi
$82,382
Median Household Income
$42,331
Median Earnings
$1,790
Median Rent
$419,500
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in Sacramento's Highway 50 Corridor East submarket.
Where is this office building located?
The property is located at 9750 Business Park Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: 95% leased to three tenants, providing immediate income.; Located in the desirable Highway 50 Corridor East submarket of Sacramento.; Class B two‑story office building suitable for various tenants.
