3400 Watt Ave - Office FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$1,100,000 USD
916-431-7926
3400 Watt Ave, Sacramento, CA for Sale
$1,100,000 USD
Office - FOR SALE
1/144
null | 7.7% Cap Rate

3400 Watt Ave
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • Opportunity to increase revenue by leasing up vacant suites
  • 7.7% Cap rate
  • Located on high traffic Watt Ave with 60000–80000 daily vehicle count for strong visibility
  • Easy access to Interstate 80
  • Well-suited for investors or owner-users seeking value-add potential in a central location
  • Surrounded by established amenities including shopping, dining, banking services, and dense residential neighborhoods

OVERVIEW

Jahn-Rich Commercial Real Estate Presents the opportunity to acquire the Watt-Whitney Building at 3400 Watt Ave, Sacramento, CA 95821. This 7859-square-foot, two-story office building offers 6432 rentable square feet on a 0.33-acre lot. Built in 1961, it includes 12 rentable suites, 4 common area bathrooms, and 28 parking spaces. With 65% occupancy, 4181 square feet leased, the 3 vacant suites totaling 2251 square feet provide an opportunity to realize additional revenue by leasing up these units or utilizing them for owner occupancy. The property is zoned SC, Shopping Center, permitting both office and retail uses. The building’s existing below-market leases provide potential for rental rate increases, while its layout and amenities support a range of professional services or retail tenants. Located in the Arden-Arcade area along Watt Avenue, the property benefits from 60000–80000 daily vehicle traffic and proximity to Interstate 80, with downtown Sacramento 7 miles away. Nearby amenities include shopping centers, restaurants, and banking services, enhancing tenant appeal. Public transit options, such as light rail and bus services, are accessible within a short distance. This property suits investors or owner-users seeking stable cash flow with lease-up and value-add potential. Contact listing agent for Offering Memorandum

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Watt-Whitney Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

SC

APN/PARCEL ID

255-0171-018

ASK ABOUT THIS PROPERTY

Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

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Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

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