CBRE is pleased to offer for sale a ±25,600 square foot office/retail building on a prime ±1.04-acre parcel in the heart of Sacramento’s Midtown neighborhood. The property is zoned C-2-SPD and is improved with a single-story building with ±18’ barrel truss roofs that create visually exciting space for future office or retail uses.
The property is offered at $7,900,000 and represents a tremendous owner/user or redevelopment opportunity in Midtown, a much sought-after neighborhood that has spawned many new residential and mixed-use developments over the last five years.
21st at K is one of Midtown’s busiest intersections with ADT of ±16,200 vehicles. The site is only a few blocks from the Capitol, Downtown Commons, and Golden 1 Center which puts it within walking distance of every major downtown office building, most State office buildings, and many shopping and dining venues. Regional Transit has a bus stop (route 62) at 21st and K and other routes can be accessed on both J and L Streets, only one block away to the north and to the south, respectively.
Expressions of interest should be directed to Randy Getz, Executive Vice President, whose contact information can be found in the offering memorandum. All tours will be coordinated by CBRE.