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2424 Arden Way
Sacramento, CA 95825

Building 100 West · Office Property For Sale

Investment Highlights

  • Purchased as a portfolio, the asset lends itself attractive to a value-add cash flow investor per proforma projections
  • Condominiums can be purchased separately by owner / user or investor Buyers

Executive Summary

19,646 sq ft. value-add or owner/user office condominium complex for sale totaling 4 condominium buildings. Condos may be purchased for sale together or separately. Building 100 East is 5,029 sq. ft. and is a 13.9% 2nd generation office condo price at $456,790 (~$90.83 / sq. ft.). Building 100 West is 4,794 sq. ft. and is in cold shell condition office condo price at $392,080 (~81.78/ sq. ft.). Building 400 East is 5,029 sq. ft. and is a 2nd generation office condo price at $439,790 (~87.45 / sq. ft.). Building 400 West is 4,794 sq. ft. and is a 2nd generation office condo price at $432,820 (~$90.28 / sq. ft.). Cap rate is proforma, so please inquire with the Seller's agent to review all due diligence materials. Purchased as a portfolio, the asset lends itself attractive to a value-add cash flow investor per proforma projections. There is a 139,000+ population base within a 3-mile radius of the asset.

PROPERTY FACTS

Property Type
Office
  • Office Medical
Building Class C
Lot Size 4.67 AC
Rentable Building Area 4,901 SF
No. Stories 1
Year Built/Renovated 1971/2006
Tenancy Single
Parking Ratio 2.34/1,000 SF
APN / Parcel ID 285-0040-043

Amenities

  • Bus Line
  • Courtyard

zoning

Zoning Code Business Professional (Business and Professional Office (allows for both general office & medical uses))
Business Professional (Business and Professional Office (allows for both general office & medical uses))
  • Listing ID: 27182931

  • Date on Market: 11/24/2022

  • Last Updated:

  • Address: 2424 Arden Way, Sacramento, CA 95825

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