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Executive Summary

Palmer Capital, Inc. is pleased to present the opportunity to acquire 10481 Armstrong Avenue, a mission-critical building within an established government and corporate campus setting in Sacramento's Highway 50 Corridor. Strategically located in Mather, California, the property offers a well-maintained two-story office building leased long-term to the investment-grade County of Sacramento through July 2034. The building is currently occupied by two Sacramento County divisions, Code Enforcement and Department of Finance, both of which benefit from the building's proximity to key regional infrastructure.
Offering Highlights:
• CREDIT RATED TENANCY: 100% leased by Sacramento County's Code Enforcement and Department of Finance, bringing long-term security to the property. Both divisions have been in the building since 2023 with lease terms extending through July 2034.
o MOODY'S: A1
o STANDARD & POOR'S (S&P): AA
• CODE ENFORCEMENT: Government agency enforcing building, zoning, and property maintenance codes in Sacramento County.
• DEPARTMENT OF FINANCE: The subject property is home to two key divisions: Consolidated Utilities Billing & Services (CUBS), which handles billing and payment collection for utility services, and Revenue Recovery, responsible for managing and collecting County debts, including fines and fees, focusing on delinquent payment collections and ensuring compliance with County financial obligations.
• STRATEGIC LOCATION: Ideally located off major roadways, offering easy access to the surrounding area and transportation infrastructure via Highway 50 and Mather Field Road.
• ABOVE MARKET PARKING: Significant surface parking with a ratio of 6.06 spaces per 1,000 SF.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
42,414 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
21,207 SF
Building FAR
0.27
Lot Size
3.59 AC
Zoning
SPA (MFSPA) - Special Planning Area
Parking
257 Spaces (6.06 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Sacramento County was incorporated in 1850 as one of California's original counties, emerging during the state's gold rush-era population growth. Sacramento County manages a broad set of public services through departments and offices covering health services, human assistance, elections, transportation, utilities, environmental management, parks, public safety, and general administration. Sacramento County provides resident-facing online services for voter registration and election information, utility billing, property and parcel information, and service requests.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration - - Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
067-0010-055
Land Assessment
$1,355,186 CAD
Improvements Assessment
$3,347,935 CAD
Total Assessment
$4,703,121 CAD
  • Listing ID: 39400167

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 10481 Armstrong Ave, Mather, CA 95655

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