Two-Story Creative Office and Retail
For Sale
Contact for pricing
920 20th St, Sacramento, CA 95811
Two-floor creative office and retail building with seven on-site parking stalls and an available second-floor space.
Property Size11,281 SF
Price / SF$195.02
Days on Market1185
Property Features for 920 20th St
General Information
Standard status
Active
Size
11,281 SF
Total Parking Spaces
7
Property subtype
OFFICE
Site & Location
Neighborhood
Boulevard Park
Corner Location
Yes
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Turton Commercial Real Estate - Corporate
(916) 573-3300
Listed By:
Scott Kingston · License #01485640
(916) 573-3309
Source:
Moodyscre
Added: Aug 4, 2023
Changed: Oct 26
Last Checked: Oct 30 at 3:55PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two-story creative office and retail building totaling approximately 11,281 SF, with office and retail space distributed across two floors. The first floor is fully leased to three tenants. The second floor, approximately 5,865 SF, is available for an owner/user or investor.
The property is located at the northwest corner of 20th and J Streets in Midtown Sacramento, positioned for visibility in a walkable area. It sits immediately adjacent to Northern California’s largest and most visited farmer’s market.
On-site parking includes seven (7) stalls, a practical amenity for tenants and visitors using the building.
The property is located at the northwest corner of 20th and J Streets in Midtown Sacramento, positioned for visibility in a walkable area. It sits immediately adjacent to Northern California’s largest and most visited farmer’s market.
On-site parking includes seven (7) stalls, a practical amenity for tenants and visitors using the building.
Key Highlights
- Approximately 11,281 SF creative office and retail building across two floors
- First floor is fully leased to three tenants
- Second floor available for an owner/user or investor, approximately 5,865 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,958
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,499,160
$3.5M
Cap Rate 7%
$2,499,400
$2.5M
Cap Rate 9%
$1,943,978
$1.9M
Market Conditions
NOI Build-Up for 11,281 SF
Gross rent
$265.3K $23.52/SF
− Vacancy
−$15.4K −$1.36/SF
EGI
$249.9K $22.16/SF
− OpEx
−$75.0K −$6.65/SF
NOI
$175.0K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,499,160
Cap Rate 7%
$2,499,400
Cap Rate 9%
$1,943,978
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $174,958 @ 7.0% cap · market cap 7.95%
Second Best
Office B
$2.20M
$1.92M – $2.56M
NOI $153,695 @ 7.0% cap · market cap 6.99%
Theoretical Best
Specialty Retail
$3.03M
$2.65M – $3.54M
NOI $212,196 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,430
Businesses Nearby
Explore this area
Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Creative space - Two-floor creative office and retail building with seven on-site parking stalls and an available second-floor space.
Where is this creative space located?
The property is located at 920 20th St Sacramento, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 11,281 SF creative office and retail building across two floors; First floor is fully leased to three tenants; Second floor available for an owner/user or investor, approximately 5,865 SF
