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Turnkey Office with Recent CapEx 2101 Arena Blvd 78,400 SF Vacant Office Building Online Auction Sale Sacramento, CA 95834
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Investment Highlights
- Institutional-quality office in the North Natomas submarket, just 6.5 miles north of downtown with direct access to I-5 and I-80.
- 78,400 square feet across two stories with efficient floor plates suitable for single-tenant, multi-tenant, or hybrid layouts.
- Immediate proximity to daily needs retail and national dining, including Safeway, Sprouts, In-N-Out Burger, Dutch Bros, Chipotle, and Starbucks.
- $3 million in recent capital improvements, delivering a turnkey asset ready for immediate use, lease-up, or owner/user occupancy.
- Located in the RP Sports Complex neighborhood, near Sacramento International Airport, and adjacent to the new North State School of Pharmacy.
- 1-mile demographics show population growth with average household incomes of $113,479.
Executive Summary
2101 Arena Boulevard presents investors and owner/users the opportunity to acquire an institutional-quality office asset within California’s capital city, offering flexibility, control, and completed capital improvements. The property totals 78,400 square feet across two stories and has benefited from approximately $3 million in recent capital expenditures, resulting in a modernized building with strong functional and aesthetic appeal. Improvements include a 30-foot-tall lobby with an architectural staircase, refreshed common areas, updated interior finishes, and cohesive design elements throughout.
Flexible suite layouts, prominent building and monument signage, and ample on-site parking support a wide range of occupancy, branding, and operating strategies. Delivered vacant and fully improved, the asset provides a clear and immediate path to execution through owner/user occupancy, leasing, or strategic repositioning.
Located in Sacramento’s North Natomas submarket, the property offers efficient access to the region’s primary employment and transportation nodes. The site is approximately 10 minutes from Downtown Sacramento and Sacramento International Airport, with direct connectivity to Interstates 5 and 80, and is supported by nearby retail and dining amenities.
Sacramento benefits from a diversified economic base anchored by government, healthcare, education, clean technology, real estate, and agriculture. As California’s state capital, the city maintains a significant public-sector presence that contributes to long-term economic stability, while consistent population growth in recent years reinforces underlying demand drivers.
Open House Dates:
• Thursday, 3/5 | 12:00 PM – 2:00 PM PT
• Tuesday, 3/10 | 11:00 AM – 1:00 PM PT
RSVP is required. Please contact:
Jack Blackmon
Newmark
Jack.Blackmon@nmrk.com
916-494-2349
Flexible suite layouts, prominent building and monument signage, and ample on-site parking support a wide range of occupancy, branding, and operating strategies. Delivered vacant and fully improved, the asset provides a clear and immediate path to execution through owner/user occupancy, leasing, or strategic repositioning.
Located in Sacramento’s North Natomas submarket, the property offers efficient access to the region’s primary employment and transportation nodes. The site is approximately 10 minutes from Downtown Sacramento and Sacramento International Airport, with direct connectivity to Interstates 5 and 80, and is supported by nearby retail and dining amenities.
Sacramento benefits from a diversified economic base anchored by government, healthcare, education, clean technology, real estate, and agriculture. As California’s state capital, the city maintains a significant public-sector presence that contributes to long-term economic stability, while consistent population growth in recent years reinforces underlying demand drivers.
Open House Dates:
• Thursday, 3/5 | 12:00 PM – 2:00 PM PT
• Tuesday, 3/10 | 11:00 AM – 1:00 PM PT
RSVP is required. Please contact:
Jack Blackmon
Newmark
Jack.Blackmon@nmrk.com
916-494-2349
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Register to Bid Instructions
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
78,400 SF
Building Class
A
Year Built
2000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
39,200 SF
Slab To Slab
11’
Building FAR
0.34
Lot Size
5.33 AC
Parcel Number
225-0070-093
Zoning
MRD, Sacramento - Commercial
Parking
312 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Featuring two training rooms
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 39,200 SF | Office | Full Build-Out | Now |
| 2nd Floor | 21,661-39,200 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 39,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 21,661-39,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 39,200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Featuring two training rooms
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2nd Floor
| Size | 21,661-39,200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
13,718
125,680
237,182
2020 Population
12,140
121,048
226,639
2029 Population
14,215
128,026
242,060
2024-2029 Projected Population Growth
3.6%
1.9%
2.1%
Daytime Employees
10,519
42,366
124,510
Total Businesses
1,168
4,275
11,616
Average Household Income
$125,495
$123,128
$106,852
Median Household Income
$99,999
$101,893
$86,947
Total Consumer Spending
$178.1M
$1.6B
$2.7B
Median Age
35.6
37.3
37.2
2024 Households
5,083
44,262
82,221
Percent College Degree or Above
29%
23%
17%
Average Home Value
$642,771
$604,652
$551,716
$ values in USD
About the Seller
Read More
Other Properties in the GRACEADA PARTNERS Portfolio
Sale Advisor
Sale Advisor
Jack Blackmon, Director
Jack Blackmon joined Newmark in 2019 and currently serves as a Director in the firm’s Sacramento office. Throughout his career, Blackmon has specialized in Office and Flex product with a focus on leasing, investment sales and owner-user representation.
At Newmark, Blackmon is responsible for property and portfolio exposure and communications with tenants and owner-users both locally and nationally, all while providing superior analytics and guidance to those in the market. Blackmon’s brokerage career began as a leasing and sales specialist at TRI Commercial in Roseville, California. He first became interested in the real estate industry at First American Title Company, where his attention to detail and understanding of the various title processes allowed him to provide exceptional customer service and guidance to his clients. Blackmon is regularly at the forefront of new resources and technologies that provide an edge to his marketing approach for his clientele.
At Newmark, Blackmon is responsible for property and portfolio exposure and communications with tenants and owner-users both locally and nationally, all while providing superior analytics and guidance to those in the market. Blackmon’s brokerage career began as a leasing and sales specialist at TRI Commercial in Roseville, California. He first became interested in the real estate industry at First American Title Company, where his attention to detail and understanding of the various title processes allowed him to provide exceptional customer service and guidance to his clients. Blackmon is regularly at the forefront of new resources and technologies that provide an edge to his marketing approach for his clientele.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Cheri Mascitelli
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Turnkey Office with Recent CapEx | 2101 Arena Blvd
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