7880 Alta Valley Dr - Medical FOR SALE


Sacramento, CA 95823- Parkway
$7,295,000 USD
415-673-0218
7880 Alta Valley Dr, Sacramento, CA for Sale
$7,295,000 USD
Medical - FOR SALE
1/11
null | 5.4% Cap Rate

7880 Alta Valley Dr
Sacramento, CA 95823
Parkway


HIGHLIGHTS

  • The vast majority of the current tenant roster has occupied the building for over 20 years.
  • Unparalleled proximity to retail amenities, freeway access, and to the main entrance to one of the regions largest medical centers.
  • Current ownership has invested in a new roof and common area remodels over the past five years. A new monument sign has been designed and bid as well.
  • The current rent roll provides new ownership the opportunity to reposition the building and increase cash flow due to current below market rates.

OVERVIEW

JLL, as exclusive advisor, is pleased to present the opportunity to acquire 7880 Alta Valley Drive in Sacramento. The 31,897 square foot building is located in Sacramento’s lowest vacancy submarket and is 100% leased, primarily by long term tenants. It offers an investor the ability to enjoy secure cash flow while potentially repositioning the building to maximize future value by increasing rents. It is located adjacent to Kaiser Permanente’s South Sacramento Hospital within the main medical services corridor in the South Sacramento and Elk Grove markets. It features unbeatable access to Highway 99 and major arterials, plentiful parking, walkable food a shopping amenities, and signage and visibility in a highly trafficked area at the entrance to one of Sacramento’s largest hospitals.

FOR SALE DETAILS

PRICE

$7,295,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley Point

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

C2, Sacramento

APN/PARCEL ID

117-0330-006

ASK ABOUT THIS PROPERTY

415-673-0218

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415-673-0218

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