810 29th St
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810 29th St
3,250 SF 100% Leased Office Building Sacramento, CA 95816 $1,495,000 ($460/SF) 6.50% Cap Rate
Investment Highlights
- Rare Midtown Sacramento Dental/Medical Building with Parking
- Seller Financing Available up to $1.0M at 5% for 2 Years or Bank Financing Available at 4.95%
Executive Summary
Unique Purchase Opportunity - Can be purchased as a cash-flowing investment at a 6.5% Year-1 cap rate OR the entire building (or just 2,500 SF) can be made available for a dentist to purchase the building and also the practice within.
Seller Financing Available up to $1.0M at 5.00% for 2 Years or Bank Financing Available at 4.95%
Seller Financing Available up to $1.0M at 5.00% for 2 Years or Bank Financing Available at 4.95%
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,250 SF
Building Class
B
Year Built/Renovated
1982/2010
Price
$1,495,000
Price Per SF
$460
Cap Rate
6.50%
NOI
$97,175
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,250 SF
Building FAR
0.51
Land Acres
0.15 AC
Zoning
C-2 SPD - Commercial
Parking
7 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Courtyard
- Property Manager on Site
- Security System
- Signage
- Kitchen
- Bicycle Storage
- Reception
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dr. Elizabeth Luong, DMD
- Health Care and Social Assistance
- 2,500 SF
- -
- Triple Net
- May 2029
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dr. Elizabeth Luong, DMD | Health Care and Social Assistance | 2,500 SF | - | Triple Net | May 2029 |
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $935,065 | |
| Land Assessment | $459,328 | Total Assessment | $1,394,393 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$459,328
Improvements Assessment
$935,065
Total Assessment
$1,394,393
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810 29th St
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