This Office Property is Off-Market.

7275 E. Southgate Drive
Sacramento, CA 95838 ·

39,747 SF · Office For Sale

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Florin Medical Center Square

Price N/A Property Use Type Vacant/Owner-User
Building Size 39,747 SF Cap Rate 13.50%
Property Type Office Year Built 1967
Property Sub-type Office Building Lot Size 3.27 AC
Listing ID: 13508252 Date Created: 07/11/2002 Last Updated: 01/19/2004

Description

Medical office buildings in convenient South area location. Buildings in good condition, with complete build out in vacant spaces. Over thirty (30) individual metered medical office Suites! Way under replacement costs!

South Sacramento off Florin Road (East), just off Highway 99. Large Florin Mall across Street, Sears, Burlington Coat, etc.. Significant asian influence to area and tenancy.

Highlights

  • High cap rate of 13.5% on reasonable projection with 95% occupancy!
  • High cap rate of 8% on current rents! (77% occupancy!)
  • Multi-tenant Medical Buildings at low cost per square foot!

Research

7275 E. Southgate Drive, Sacramento, CA 95838 (Sacramento County)

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