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8118 Timberlake Way

13,500 SF 100% Leased Office Building Sacramento, CA 95823 $2,995,000 ($222/SF) 5.66% Cap Rate

Executive Summary

Fully leased 2 tenant medical ofice building. Sutter Health is the anchor Tenant and has occupied the building since 1996; Timberlake Pediatrics has occupied the building since 1998. Well maintained building located in the South Sacramento Medical District near Methodist Hospital & Kaiser Permanente. Visibility from Hwy 99 with good freeway access via Mack Road & Consumnes River Blvd. Sale Price = $2,995,000 ; NOI = $169,588 ; Cap Rate = 5.7%

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,500 SF
Building Class
C
Year Built
1980
Price
$2,995,000
Price Per SF
$222
Cap Rate
5.66%
NOI
$169,588
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,750 SF
Building FAR
0.30
Lot Size
1.03 AC
Zoning
OB R - OB-R-PUD/Medical Bldg./Clinic

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
117-0181-005
Land Assessment
$691,633
Improvements Assessment
$1,298,384
Total Assessment
$1,990,017
  • Listing ID: 34222069

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 8118 Timberlake Way, Sacramento, CA 95823

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