1931 J st - Retail FOR SALE


Sacramento, CA 95811- Boulevard Park
$2,850,000 USD
916-431-7926
1931 J st, Sacramento, CA for Sale
$2,850,000 USD
Retail - FOR SALE
1/11
null | 6.07% Cap Rate

1931 J st
Sacramento, CA 95811
Boulevard Park


HIGHLIGHTS

  • 100% leased
  • Tenants pay below-market rents without NNN reimbursements, creating value-add opportunity.
  • Located on the intersection of 20th and J street in Midtown Sacramento, which is considered to be one of the best locations in all of Sacramento.
  • Exceptional visibility, vehicle traffic and foot traffic in dynamic arts & entertainment district.
  • Midtown farmers market is located in front of the building, which is the third largest farmers market in the country

OVERVIEW

1931 J Street is a fully occupied, two-story 12,640 SF historic mixed-use investment property positioned on the high-visibility hard corner of 20th & J Streets in the heart of Midtown Sacramento’s premier walkable corridor. Anchored by popular ground-floor retailer Big Brother Comics (5,286 SF), the building is 100% leased to a stable mix of 12 retail and creative office tenants on full-service gross leases, generating $253,752 in annual gross income at significantly below-market rents. Ideally located directly across from the Midtown Farmers Market and surrounded by Sacramento’s top restaurants, bars, and entertainment venues, this irreplaceable asset offers investors immediate cash flow with substantial upside in one of Northern California’s strongest and most vibrant submarkets.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-2-SPD

APN/PARCEL ID

007-0014-018-0000

ASK ABOUT THIS PROPERTY

Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.