Leased Conventional Restaurant
For Sale
$1,100,000
417-427 Broadway, Sacramento, CA 95818
Modified lease structure provides scheduled rent increases and a future extension option.
Property SizeContact for details
Days on Market205
Property Features for 417-427 Broadway
General Information
Standard status
Active
Property subtype
General Commercial
Amenities
3
C-4
Parking.
31 Parking Spaces. On Street.
Building Details
Year Built
1937
Listing Agency:
Cornish & Carey Commercial
(916) 569-2385
Listed By:
Kelly Rivett · License #01249433
(916) 569-2385
Source:
Xome
Added: Feb 6
Changed: Aug 29
Last Checked: Aug 29 at 2:35PM
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 Cornish & Carey Commercial
Investment Insights
Based on property information with market context.
Built in 1937, this conventional restaurant property spans 417-427 Broadway and includes approximately 80 feet of Broadway frontage. The asset is occupied by Jamie’s Broadway Grille under a modified lease with 4.5 years remaining, 3.5% annual rent increases, and a five-year extension option at fair market value. The property is identified with C-4 zoning and includes 31 on-street parking spaces.
The property is positioned along Broadway in Sacramento, within a corridor experiencing mixed-use development and the Broadway Complete Streets project, targeted for completion in 2026. It is also located within a federal opportunity zone. The reported cap rate is 5.7%.
The property is positioned along Broadway in Sacramento, within a corridor experiencing mixed-use development and the Broadway Complete Streets project, targeted for completion in 2026. It is also located within a federal opportunity zone. The reported cap rate is 5.7%.
Key Highlights
- Approximately 80 feet of Broadway frontage
- Jamie’s Broadway Grille occupies the property under a modified lease
- 4.5 years remaining on the current lease term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
StorQuest Self Storage
Shops & Services
2,622 visits/mo
0.1 miles
X Tires And Auto Service Llc
Shops & Services
988 visits/mo
0.1 miles
Demographics for 95818, CA
22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Modified lease structure provides scheduled rent increases and a future extension option.
Where is this conventional restaurant located?
The property is located at 417-427 Broadway Sacramento, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 80 feet of Broadway frontage; Jamie’s Broadway Grille occupies the property under a modified lease; 4.5 years remaining on the current lease term
