Downtown Sacramento Mixed-Use
For Sale
Contact for pricing
429 J St, Sacramento, CA
15,446 SF building with retail, event, and office spaces.
Property Size15,446 SF
Lot Size0.89 Acres
Price / SF$216.88
Days on Market591
Property Features for 429 J St
General Information
Standard status
Active
Size
15,446 SF
Lot size
0.89 Acres
Property subtype
OFFICE
Listing Agency:
Colliers | Sacramento
(916) 929-5999
Listed By:
Dan Green · License #01997492
(916) 996-4123
Source:
Moodyscre
Added: Mar 10, 2025
Changed: Oct 13
Last Checked: Oct 20 at 10:29PM
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 Colliers | Sacramento
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for sale is a ±15,446 SF building located in Downtown Sacramento. The building features retail, event center, and creative office spaces. It is situated on a corner location, offering excellent signage opportunities. The property is located across the street from the DOCO and Golden 1 Arena and is within walking distance of numerous restaurants and dining options. Seller financing or a possible rent-to-own opportunity is available.
Key Highlights
- ±15,446 SF building featuring retail, event center and creative office spaces.
- Across the street from the DOCO and Golden 1 Arena.
- Seller financing or possible rent to own opportunity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$239,553
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,791,060
$4.8M
Cap Rate 7%
$3,422,186
$3.4M
Cap Rate 9%
$2,661,700
$2.7M
Market Conditions
NOI Build-Up for 15,446 SF
Gross rent
$363.3K $23.52/SF
− Vacancy
−$21.1K −$1.36/SF
EGI
$342.2K $22.16/SF
− OpEx
−$102.7K −$6.65/SF
NOI
$239.6K $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%
$4,791,060
Cap Rate 7%
$3,422,186
Cap Rate 9%
$2,661,700
Alternative Uses
Best Use
Retail
$3.42M
$2.99M – $3.99M
NOI $239,553 @ 7.0% cap · market cap 7.15%
Second Best
Office B
$3.01M
$2.63M – $3.51M
NOI $210,439 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$4.15M
$3.63M – $4.84M
NOI $290,539 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,044
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Office unit - 15,446 SF building with retail, event, and office spaces.
Where is this office unit located?
The property is located at 429 J St Sacramento, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: ±15,446 SF building featuring retail, event center and creative office spaces.; Across the street from the DOCO and Golden 1 Arena.; Seller financing or possible rent to own opportunity.
