Se Connecter/S’inscrire
Votre courriel a été envoyé.
2901-2929 K St
Sacramento, CA 95816
Sutter Square Galleria · Bureau Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Premier Midtown Sacramento Location Directly Across From Sutter Medical
- Mixed-Use Asset Featuring Retail, Medical & General Office Space, Office Space, and Parking Garage
- Two Revenue Streams: Parking Revenue and Rental Revenue
- Opportunity to Acquire Iconic Structure on a 2.5 Acre City Block Under Caltrans Ground Lease
- Positioned in a Supply-Constrained, High-Demand Submarket
- Potential for Condo Mapping Conversion
Résumé de l'annonce
Marcus & Millichap is pleased to present this valuation of a unique investment asset on a ground lease located at 2901-2929 K Street in Sacramento, California,
commonly known as Sutter Square Galleria (the “Galleria” or the “Property”). The Property is situated on an entire 2.5-acre city block under a ground lease with the California Department of Transportation (Caltrans). A combination of a three-story mixed-use building, a four-story mixed-use building, and a multilevel parking garage comprises the Sutter Square Galleria. Strategically located in the heart of Midtown Sacramento, directly across from Sutter Medical Center, Sutter Medical Center, the flagship hospital campus of Sutter Health, the largest healthcare provider in Northern California. The Galleria occupies a premier infill, high identity, and location on both sides of Interstate 80. The Property includes nearly 10,000 square feet of retail space and approximately 54,000 square feet of medical and general office space. Currently 67.5 percent leased,
the Property benefits from a diversified tenant mix consisting of retail, medical, finance, and real estate users, with a weighted average lease term (WALT) of 2.2 years. The average suite size of approximately 2,788 square feet positions the Galleria to capture demand from the most active segment of the tenant market. Additionally, the on-site multi-level parking garage represents a highly desirable amenity in this dense urban environment, where parking availability is limited and highly valued. Overall, investors and owner-users have a rare opportunity to control an irreplaceable asset in one of Sacramento’s most vibrant and supplyconstrained submarkets
commonly known as Sutter Square Galleria (the “Galleria” or the “Property”). The Property is situated on an entire 2.5-acre city block under a ground lease with the California Department of Transportation (Caltrans). A combination of a three-story mixed-use building, a four-story mixed-use building, and a multilevel parking garage comprises the Sutter Square Galleria. Strategically located in the heart of Midtown Sacramento, directly across from Sutter Medical Center, Sutter Medical Center, the flagship hospital campus of Sutter Health, the largest healthcare provider in Northern California. The Galleria occupies a premier infill, high identity, and location on both sides of Interstate 80. The Property includes nearly 10,000 square feet of retail space and approximately 54,000 square feet of medical and general office space. Currently 67.5 percent leased,
the Property benefits from a diversified tenant mix consisting of retail, medical, finance, and real estate users, with a weighted average lease term (WALT) of 2.2 years. The average suite size of approximately 2,788 square feet positions the Galleria to capture demand from the most active segment of the tenant market. Additionally, the on-site multi-level parking garage represents a highly desirable amenity in this dense urban environment, where parking availability is limited and highly valued. Overall, investors and owner-users have a rare opportunity to control an irreplaceable asset in one of Sacramento’s most vibrant and supplyconstrained submarkets
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
64 126 pi²
Classe d’immeuble
B
Année de construction
1988
Prix
14 193 194 $ CAD
Prix par pi²
221,33 $ CAD
Taux de capitalisation
8,20%
Revenu net d’exploitation
1 163 259 $ CAD
Pourcentage loué
71%
Location
Multiples
Hauteur du bâtiment
4 étages
Superficie de plancher typique
19 987 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
0,59
Taille du lot
2,50 AC
Zonage
TC B - CORRIDOR DE TRANSPORT/DISTRICT DE PLANIFICATION SPÉCIALE
Stationnement
315 places (3,66 places par 1 000 pi² loué)
Commodités
- Banque
- Restaurant
- Affichage
- Station de recharge de voiture
- Exposition directe à l'ascenseur
- Lumière naturelle
- Service d'alimentation
- Plan ouvert
- Balcon
Impôts fonciers
| Numéro de lot | 007-0117-001 | Évaluation des bâtiments | 7 485 891 $ CAD |
| Évaluation du terrain | 5 229 591 $ CAD | Évaluation totale | 12 715 483 $ CAD |
Impôts fonciers
Numéro de lot
007-0117-001
Évaluation du terrain
5 229 591 $ CAD
Évaluation des bâtiments
7 485 891 $ CAD
Évaluation totale
12 715 483 $ CAD
1 de 53
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
