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Class A Multifamily Apartment Building
For Lease
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621 Capitol Mall, Sacramento, CA 95814

Seven-level open main lobby and 162 units completed in 2021, with ground-floor retail and extensive on-site amenities.

Space SizeContact for details
Property Size7,099 SF
Days on Market864

Property Features for 621 Capitol Mall

General Information

Standard status Active
Size 7,099 SF
Property subtype OFFICE

Additional Details

Business Included No

Amenities

LEED Gold certified
WELL Health Safety certified
electric vehicle charging stations
fitness center
showers
lockers
personal training services
storage space
secured bicycle lockers
complimentary building shuttle service
24/7 on-site security
ground floor retail
dry cleaning services
tenant lounge
conference centers
Listing Agency: CBRE | Sacramento
Listed By: Tony Whittaker · License #01780828
Source: Moodyscre
Added: Mar 27, 2024 Changed: Jul 28 Last Checked: Aug 7 at 9:09AM

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 Frederic is a class A, 162-unit multifamily development completed in 2021, featuring a seven-level open main lobby with clear sightlines throughout. The property includes on-site ownership, a property manager, and building engineers, along with LEED Gold and Well Health safety certification. Residents also have access to an on-site fitness center with showers and lockers, storage space and secured bicycle lockers, and newly introduced tenant lounge and conference areas.

Additional building services include dry cleaning availability, complimentary building shuttle service, and 24/7 on-site security. Parking is provided at a ratio of 2 per 1,000 square feet, including electrical vehicle charging stations. Ground-floor retail offerings include Morton’s Steakhouse, Sala Salon, AAA, U.S. Bank, and Shabu Shack, supporting convenient day-to-day needs directly on the premises along Capitol Mall in Sacramento.

Key Highlights

  • Class A multifamily development: The Frederic, 162 units, completed in 2021
  • Seven‑level open main lobby with clear views to Capitol Mall
  • Ground‑floor retail includes Morton’s Steakhouse, Sala Salon, AAA, U.S. Bank, and Shabu Shack

Property Analytics

Current Use

Paycom Sacramento Accounting Firm CoStar Group Corporate Office California Restaurant Association Association / Organization Jay-Allen Eisen Law ... Law Firm Downey Brand LLP Law Firm

Suggested Use

Top Pick Pet Grooming Service Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,276
Businesses Nearby

Demographics for 95814, CA

12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-level open main lobby and 162 units completed in 2021, with ground-floor retail and extensive on-site amenities.
Where is this apartment building located?
The property is located at 621 Capitol Mall Sacramento, CA.
What are key features of this property?
This property features: Class A multifamily development: The Frederic, 162 units, completed in 2021; Seven‑level open main lobby with clear views to Capitol Mall; Ground‑floor retail includes Morton’s Steakhouse, Sala Salon, AAA, U.S. Bank, and Shabu Shack
(916) 492-6914 Call to check price and availability
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