916-462-6205
2 Scripps Dr, Sacramento, CA for Sale
Medical - FOR SALE
1/14
null | Request Cap Rate

2 Scripps Dr
Sacramento, CA 95825
Campus Commons


HIGHLIGHTS

  • Established Medical Tenancy: 90% of the space is leased to medical and dental tenants.
  • Premier Location: Located in the heart of Scripps Medical Center, near Howe Avenue and Fair Oaks Boulevard.
  • Exceptional Amenity Base: Across from UV Shopping Center and near upscale retail centers like Pavilions and The Boulevard.
  • Affluent Demographics: Surrounding neighborhoods have average household incomes nearing $220,000.
  • Recent Renovations: Includes a full roof replacement and HVAC system upgrades.
  • Multi-Family Development Opportunity: Entitlements in place for a six-story, nine-unit development with rooftop amenities.

OVERVIEW

Palmer Capital is pleased to present the exclusive opportunity to acquire Campus Commons Medical Center, a 35,717 SF medical office building located at 2 Scripps Drive, Sacramento, California. Scripps Drive is a premier location for medical office buildings within the amenity-rich Campus Commons submarket. The property is now 100% leased, providing stable cash flow from a diverse mix of well-established medical and restaurant tenants. Notably, 90% of the space is leased to medical users, highlighted by recent leasing activity with an orthopedic group on the ground floor.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Campus Commons Medical Dental Bldg.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

-

APN/PARCEL ID

295-0384-001

ASK ABOUT THIS PROPERTY

Mark PalmerPalmer Capital, Inc.More Info
916-462-6205

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Mark PalmerPalmer Capital, Inc.More Info
916-462-6205

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