1801 K St Sacramento, CA 95811
Long-term, fully-leased investment in the heart of Midtown.
Property size:
19,738 SFLot size:
0.31 AcresProperty Features for 1801 K St
General Information
- Size
- 19,738 SF
- Lot size
- 0.31 Acres
Source:
Moodyscre
Listing Agent: Ken Turton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Midtown Investment Opportunity
This property offers the opportunity to own a fully-leased investment in a central Midtown location. The property is offered with income in place, representing a 6.57% capitalization rate on year one net operating income of $256,028, inclusive of proforma property taxes. The tenant has rent escalations of 3% every two years. The property features approximately 11 secured parking spaces, including an electric vehicle charging station. At the last lease renewal, the tenant spent $200,000 on updates to their space to accommodate their occupancy. The property features a new TPO membrane roof, installed in 2023. The property is located near restaurants, cafes, bars and entertainment venues.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.482291
- Latitude
- 38.576455
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Long-term, fully-leased investment in the heart of Midtown.
Where is this office building located?
The property is located at 1801 K St Sacramento, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Fully-leased investment property in a prime midtown location.; - Strong 6.57% capitalization rate on year one net operating income.; - Tenant recently invested $200,000 in space updates, indicating long-term commitment.