Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 3301 Alta Arden Expressway (the “Property”), a ±8,162 square foot, single story medical office building (MOB) in Sacramento, California. The area surrounding the MOB is densely populated with more than 138,000 residents within 3 miles of the Property. Currently 100% leased by 4 tenants on month to month or short-term leases, the Property is perfectly suited for an owner/user looking to occupy all or a portion of the building. Alternatively, an investor could add value through increasing rents and extending the leases.
3101 Alta Arden is ideally located in the heart of the Arden Arcade medical/dental community, just one block from the 287 bed Kaiser Permanente Sacramento Medical Center and Offices. The Kaiser Medical Center operates 24-hour emergency care services, ambulatory surgery, cardiology, orthopedics, oncology as well as radiology services. The Property benefits from its proximity to the medical center and many tenants providing services ancillary to those offered on the campus.