417 Broadway - Warehouse FOR SALE


Sacramento, CA 95818- Southside Park
$1,100,000 USD
916-606-8600
417 Broadway, Sacramento, CA for Sale
$1,100,000 USD
Warehouse - FOR SALE
1/9
null | 5.72% Cap Rate

417 Broadway
Sacramento, CA 95818
Southside Park


OVERVIEW

Newmark, as the exclusive advisor, is pleased to present a “Pride of Ownership” modified leased investment located at 417-427 Broadway, situated in one of Sacramento’s most vibrant and electric commercial corridors. Priced at $1,100,000, this opportunity offers a 5.7% Cap Rate and features approximately 80 feet of prime Broadway frontage. The property is anchored by the iconic Jamie’s Broadway Grille, a local culinary staple providing a stable income stream with 4.5 years remaining on the current lease term. The investment is further strengthened by 3.5% annual rent increases and a five-year option to extend at fair market value, ensuring consistent hedge against inflation and long-term appreciation. The asset is perfectly positioned to capitalize on the massive transformation occurring along the Broadway corridor. With numerous mixed-use developments currently underway and the Broadway Complete Streets project nearing its 2026 completion, the area is evolving into a high-density, pedestrian-friendly hub. This property offers an investor the rare chance to acquire a stabilized, income-producing asset with significant “intrinsic value” land upside, located in a federal opportunity zone and just one mile from the central business district and surrounded by the synergy of Sacramento’s

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,632

ZONING

C-4

APN/PARCEL ID

009-0232-016

ASK ABOUT THIS PROPERTY

Kelly RivettNewmarkMore Info
916-606-8600

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Kelly RivettNewmarkMore Info
916-606-8600

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