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2245-2251 Florin Rd 75,020 SF 93% Leased Office Building Sacramento, CA 95822 For Sale
EXECUTIVE SUMMARY
This property presents a rare chance to own a stable asset with both financial and community-centric value.
Exceptional Occupancy: The property boasts a robust 93% occupancy rate, underscoring its high demand and established market presence, and providing an investor with immediate, reliable cash flow.
Significant Scale: The building encompasses a substantial 75,020 square feet of space, sitting on a generous 4.43-acre lot. This scale offers a diverse tenant mix and potential for future asset management or development strategies, subject to zoning.
Established Cultural Hub: Known in the community as Florin Square, this property is a beloved center for local business, arts, and culture, housing nearly 100 retailers, non-profits, and service businesses, including the renowned Sojourner Truth African Heritage Museum. This strong community reputation translates directly into tenant stability, high foot traffic, and a unique, defensible market position that surpasses typical commercial offerings.
Exceptional Occupancy: The property boasts a robust 93% occupancy rate, underscoring its high demand and established market presence, and providing an investor with immediate, reliable cash flow.
Significant Scale: The building encompasses a substantial 75,020 square feet of space, sitting on a generous 4.43-acre lot. This scale offers a diverse tenant mix and potential for future asset management or development strategies, subject to zoning.
Established Cultural Hub: Known in the community as Florin Square, this property is a beloved center for local business, arts, and culture, housing nearly 100 retailers, non-profits, and service businesses, including the renowned Sojourner Truth African Heritage Museum. This strong community reputation translates directly into tenant stability, high foot traffic, and a unique, defensible market position that surpasses typical commercial offerings.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
75,020 SF
Building Class
B
Year Built
1965
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
75,020 SF
Slab To Slab
10’
Building FAR
0.39
Lot Size
4.47 AC
Zoning
C-2, Sacramento - Commercial Zoning
Parking
225 Spaces (3 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,756,673 CAD | |
| Land Assessment | $3,451,369 CAD | Total Assessment | $6,208,042 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,451,369 CAD
Improvements Assessment
$2,756,673 CAD
Total Assessment
$6,208,042 CAD
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2245-2251 Florin Rd
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