Turton Commercial Real Estate is pleased to present 2020 29th Street (herein referenced as “The Property”) for sale as an exceptional multi-tenant office investment in the heart of Midtown Sacramento. The Property is an approximately 6,939 square foot, two-story office building offered for sale at $985,000 —priced well below replacement value at just $141 per square foot. Features of The Property include covered parking, a dense, small office layout attracting demand from a variety of small businesses, proximity to major freeways, and significant upside in rental income. Current tenants range from professional office users to beauty services, and demand for small office space in Midtown is known to be very strong. Existing leases are either on a short term or month-to-month basis, allowing for an investor to drive their “pro-forma” goals from day 1 of close of escrow, or an owner-user to utilize the office to meet their own space needs. The Property features multiple suites with flexible layouts, covered parking, and strong pro-forma financials, with a pro-forma net operating income of $92,141, equating to a pro-forma capitalization rate of 9.35%*. Surrounded by amenities and public transit options, this property is ideal for investors or owner-users seeking a high-yield asset in one of Sacramento’s most dynamic urban submarkets. *Reach out to listing broker to request further information and review pro-forma income projections.