900 G St
Sacramento, CA 95814
Office Property For Lease · 4,103 SF

Turton Commercial Real Estate is pleased to present to market a rare stand alone office building located at 900 G Street (the “Property”) in Downtown, Sacramento. The Property is being listed for $950,000. The Property is currently occupied by five tenants who pay a combined total of $4,770 in gross rent, and $1,270 in parking rent, for a total of $6,040 in gross monthly income. The tenants are a combination of legal services and bail bonds. The Property measures at approximately 4,440 square feet of office space, across two floors, and a basement, with access from both G Street, and 9th Street. The Property also features approximately thirteen (13) on-site surface parking stalls accessible from 9th Street. The Property features a mix of private offices, with nice views of the courthouse. The Property is located on the G Street artery running through Downtown Sacramento, and easy walking distance to some of Downtown’s best retailers and restaurants. The Property is well-suited for a trade association, law firm, bailbonds, non-profit, or other business that benefits from being near the Central Business District, Sacramento County Courthouse and the California State Capitol. Proforma values for the building produce a net operating income of $110,000. At a 9% Capitalization Rate, after $60/SF in stabilization costs and capital improvements, the property is worth $950,000. Offices are available for rent with rates ranging from $800-2,500 per month. Stand-alone commercial opportunities in Downtown Sacramento near the California State Capitol are scarce. Developments are replacing underutilized or lower density commercial properties. Higher density projects will be bringing thousands of new residential units in the coming years. There is a small handful of properties in the Central City that are under 10,000 square feet and none that are priced reasonably and walking distance to the Central Business District, Sacramento County Courthouse and the California State Capitol. Take advantage of this incredibly rare opportunity to own 900 G Street!