855 University Ave - Office CONDO FOR SALE


Sacramento, CA 95825- Campus Commons
$625,000 USD
916-425-1353
855 University Ave, Sacramento, CA for Sale
$625,000 USD
Office CONDO - FOR SALE
1/7
null | Request Cap Rate

855 University Ave
Sacramento, CA 95825
Campus Commons


HIGHLIGHTS

  • High traffic counts and strong area demographics
  • Conveniently located in the attractive Campus Commons submarket
  • Easy access to Fair Oaks Blvd., Howe Avenue, J Street and Hwy-50
  • Situated in a lush, park-like setting with water feature and mature trees
  • Well-maintained office property with versatile layout
  • Surrounded by a multitude of services, eateries and retail

OVERVIEW

885 University Avenue is located in the scenic and  desirable Campus Commons submarket, which benefits from its proximity to Downtown Sacramento, easy access to major freeways and thoroughfares, and convenient market location.   The building is strategically situated near amenity rich locations such as the Pavilions Shopping Center and Loehmann’s Plaza, and is supported by strong demographics and affluent surrounding neighborhoods.  Just down the road lies The UV, a renovated favorite neighborhood center with 20+ popular stores and restaurants, which has undergone an extensive $15+ million renovation and redevelopment.  The Boulevard, located at the Howe Avenue and Fair Oaks Boulevard Intersection, is a long awaited project by Petrovich Development, consisting of approximately 30,000± square feet of retail space.  There has been tremendous growth and development in close proximity to the building in recent years, with many additional projects on the horizon. This prime location on University Avenue in Campus Commons allows a user the unique opportunity of exposure to one of the busiest intersections in Sacramento, as well as dense daytime and evening population, while offering a peaceful and lush, park-like setting.     885 University Avenue offers a centralized location boasting ideal proximity and easy access to Downtown Sacramento, Midtown Sacramento, and Highway 50.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

885 University Avenue

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

1,474 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

148

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,979 SF

ZONING

OBR, City/Sacramento

APN/PARCEL ID

295-0030-020-0007

ASK ABOUT THIS PROPERTY

Fritz BrownBrown, Stevens, Elmore & SparreMore Info
916-425-1353

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Fritz BrownBrown, Stevens, Elmore & SparreMore Info
916-425-1353

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