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Multi-tenant retail mixed use property 2217-2223 10th St 7,644 SF 14% Leased Retail Building Sacramento, CA 95818 $1,950,000 ($255.10/SF) 6.41% Cap Rate
Investment Highlights
- Restaurant on-site
- 2nd Floor Offices
- California State Capitol within 7-8 blocks
- On-site Parking
- Retail Ground Floor
Executive Summary
2217 10th Street is a multi-tenant retail mixed use building located in downtown Sacramento within close proximity to the California state capitol, I-5, highway 80, highway 50 and highway 99 interchanges. The property offers three tenant mix on the ground floor including a restaurant, florist and a retail boutique shop along with three large offices on the second floor. There is off-site parking surrounding the back of the building how long with high visible Frontage along 10th street.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,644 SF
Building Class
C
Year Built/Renovated
1958/2018
Price
$1,950,000
Price Per SF
$255.10
Cap Rate
6.41%
NOI
$125,000
Percent Leased
14%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.92
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
C-2-SPD - General Commercial/Special Planning District
Frontage
75’ on 10th St
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 009-0193-024 | Improvements Assessment | $795,586 |
| Land Assessment | $595,337 | Total Assessment | $1,390,923 |
Property Taxes
Parcel Number
009-0193-024
Land Assessment
$595,337
Improvements Assessment
$795,586
Total Assessment
$1,390,923
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Multi-tenant retail mixed use property | 2217-2223 10th St
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