This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Town & Country West 2917-2999 Fulton Ave

125,600 SF 100% Leased Office Building Sacramento, CA 95821 $19,900,000 ($158/SF) 6.63% Cap Rate

Executive Summary

High visibility and traffic are excellent indicators of a potential lucrative investment. A property situated in a prime location can attract
more tenants and customers, leading to higher rental income and property value. The mix of professional offices and retail spaces can help diversify the tenant base, reducing risk associated with vacancies or economic downturns affecting a specific sector. With over 125,600 gross square feet of building space and nearly 6 acres of land, there many be opportunities for expansion or redevelopment in the future, depending on zoning regulations and market demand. Evaluate the property's potential for generating rental income and its overall return on investment (ROI). Factor in financing costs, property taxes, insurance, and other expenses to determine the property's profitability. Consider your investment goals and long-term strategy for the property. Are you looking for steady rental income, capital appreciation, or a combination of both? Develop a clear investment plan to guide your decision-making process.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $1,505,295 $11.98
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,505,295 $11.98
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $1,505,295
Annual Per SF $11.98
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $1,505,295
Annual Per SF $11.98
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
125,600 SF
Building Class
B
Year Built/Renovated
1951/1970
Price
$19,900,000
Price Per SF
$158
Cap Rate
6.63%
NOI
$1,320,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
62,800 SF
Slab To Slab
12’
Building FAR
0.49
Lot Size
5.86 AC
Opportunity Zone
Yes
Zoning
SPA - Special Planning Area
Parking
150 Spaces (1.19 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Fitness Center
  • Property Manager on Site
  • Signage
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
268-0140-024
Land Assessment
$5,694,723 (2024)
Improvements Assessment
$8,249,262 (2024)
Total Assessment
$13,943,985 (2024)
  • Listing ID: 31353100

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 2917-2999 Fulton Ave, Sacramento, CA 95821

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}