Three-Story Multi-Tenant Office
For Sale
$4,050,000
5025 J Street, Sacramento, CA 95819
Three-story brick office building with small suites, private restrooms, and a vacant ground-floor conference center.
Property Size17,297 SF
Price / SF$234.14
Days on Market49
Property Features for 5025 J Street
General Information
Standard status
Active
Size
17,297 SF
Property subtype
Office
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
CBRE - Sacramento
(916) 446-8200
Listed By:
Patrick Stelmach · License #01964999
(916) 446-8200
Source:
Cbre
Added: Jul 10
Changed: Aug 25
Last Checked: Aug 26 at 5:46AM
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 CBRE - Sacramento
Investment Insights
Based on property information with market context.
The East Jay Building is a distinctive three-story, approximately 17,297-square-foot multi-tenant office property with a brick-and-cream exterior and strong street presence. The building is currently configured as small individual office suites. Several suites include purpose-built medical infrastructure, including private restrooms and individual hand-washing sinks, and some suites have been recently renovated with modern finishes. The ground floor includes a conference center with an expansive window line and is currently vacant.
The property is located on J Street between 50th and 51st Streets in the heart of East Sacramento, offering an infill address within an established urban setting.
Additional on-site parking is provided via tucked-under parking, which may support future reconfiguration of rentable space depending on a buyer’s intended conversion plan.
The property is located on J Street between 50th and 51st Streets in the heart of East Sacramento, offering an infill address within an established urban setting.
Additional on-site parking is provided via tucked-under parking, which may support future reconfiguration of rentable space depending on a buyer’s intended conversion plan.
Key Highlights
- Three‑story, approximately 17,297 SF multi‑tenant office building on J Street between 50th and 51st Streets in East Sacramento
- Brick‑and‑cream exterior with strong street presence; currently configured as small individual office suites
- Tenant mix includes medical and professional offices, with purpose‑built medical infrastructure including private restrooms and individual hand‑washing sinks
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
$266,388
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
6.58%
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%
$5,327,760
$5.3M
Cap Rate 7%
$3,805,543
$3.8M
Cap Rate 9%
$2,959,867
$3.0M
Market Conditions
NOI Build-Up for 17,297 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
$477.4K $27.60/SF
− Vacancy
−$33.4K −$1.93/SF
EGI
$444.0K $25.67/SF
− OpEx
−$177.6K −$10.27/SF
NOI
$266.4K $15.40/SF
Area
Sacramento, CA
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
40.00%
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%
$5,327,760
Cap Rate 7%
$3,805,543
Cap Rate 9%
$2,959,867
Alternative Uses
Best Use
Healthcare Medical
$3.81M
$3.33M – $4.44M
NOI $266,388 @ 7.0% cap · market cap 6.58%
Second Best
Office B
$3.37M
$2.95M – $3.93M
NOI $235,658 @ 7.0% cap · market cap 5.82%
Theoretical Best
Specialty Retail
$4.65M
$4.07M – $5.42M
NOI $325,357 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,679
Businesses Nearby
Explore this area
Business Placement
Demographics for 95819, CA
20,812
Population
8,936
Households
2.3
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
5,781
Density / Sq Mi
$127,500
Median Household Income
$69,922
Median Earnings
$2,007
Median Rent
$716,000
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 - Three-story brick office building with small suites, private restrooms, and a vacant ground-floor conference center.
Where is this office building located?
The property is located at 5025 J Street Sacramento, CA.
What is the asking price?
The asking price for this property is $4,050,000.
What are key features of this property?
This property features: Three‑story, approximately 17,297 SF multi‑tenant office building on J Street between 50th and 51st Streets in East Sacramento; Brick‑and‑cream exterior with strong street presence; currently configured as small individual office suites; Tenant mix includes medical and professional offices, with purpose‑built medical infrastructure including private restrooms and individual hand‑washing sinks
