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United States Post Office Center - 8.8 Acres 2917-2999 Fulton Ave 125,600 SF 40% Leased Office Building Sacramento, CA 95821 $12,500,000 ($99.52/SF) 7% Cap Rate



Investment Highlights
- Located within the established Arden-Arcade commercial district.
- Convenient access to Interstate 80, Business 80, and Watt Avenue.
- Diverse tenant mix generates consistent activity throughout the center.
- Mixed-use environment supporting retail, office, and service users.
Executive Summary
2917 Fulton Avenue is a portfolio sale with two properties containing retail, office, event space in the United States Postal Service building. Please inquire for further details.
2917 Fulton Avenue presents a unique portfolio acquisition opportunity featuring two commercial properties that include retail, office, and event space within the historic United States Postal Service building in Sacramento. The property offers a diverse occupancy profile and multiple revenue streams, creating flexibility for investors, owner-users, and value-add operators seeking a presence in one of Sacramento's established commercial corridors.
Located along Fulton Avenue in the Arden-Arcade submarket, the asset benefits from strong visibility, convenient regional access, and proximity to major retail, business, and residential districts throughout the Sacramento metropolitan area. The property's scale and mixed-use character provide opportunities for continued leasing activity, tenant diversification, and long-term operational growth.
The portfolio combines functional commercial space with a recognizable landmark setting, offering a distinctive environment for retail, office, entertainment, community, and event-oriented uses. Its central Sacramento location provides convenient access to Interstate 80, Business 80, and surrounding employment and consumer population centers, supporting both tenant demand and visitor accessibility.
The combination of multiple property components, established commercial use, and a well-positioned location creates an opportunity for investors seeking income potential alongside future repositioning and leasing flexibility. Please inquire for additional information regarding property operations, tenancy, and portfolio details.
2917 Fulton Avenue presents a unique portfolio acquisition opportunity featuring two commercial properties that include retail, office, and event space within the historic United States Postal Service building in Sacramento. The property offers a diverse occupancy profile and multiple revenue streams, creating flexibility for investors, owner-users, and value-add operators seeking a presence in one of Sacramento's established commercial corridors.
Located along Fulton Avenue in the Arden-Arcade submarket, the asset benefits from strong visibility, convenient regional access, and proximity to major retail, business, and residential districts throughout the Sacramento metropolitan area. The property's scale and mixed-use character provide opportunities for continued leasing activity, tenant diversification, and long-term operational growth.
The portfolio combines functional commercial space with a recognizable landmark setting, offering a distinctive environment for retail, office, entertainment, community, and event-oriented uses. Its central Sacramento location provides convenient access to Interstate 80, Business 80, and surrounding employment and consumer population centers, supporting both tenant demand and visitor accessibility.
The combination of multiple property components, established commercial use, and a well-positioned location creates an opportunity for investors seeking income potential alongside future repositioning and leasing flexibility. Please inquire for additional information regarding property operations, tenancy, and portfolio details.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
125,600 SF
Building Class
B
Year Built/Renovated
1951/1970
Price
$12,500,000
Price Per SF
$99.52
Cap Rate
7%
NOI
$875,000
Percent Leased
40%
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
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Flexible floor plans can accommodate retail, office, service, educational, healthcare, and specialty commercial users. Spaces may be configured for a variety of operational requirements and occupancy needs, with availability up to 20,000 SF.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 400-20,000 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 400-20,000 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 400-20,000 SF |
| Space Use | Retail |
| Build-Out | - |
| Available | 30 Days |
Flexible floor plans can accommodate retail, office, service, educational, healthcare, and specialty commercial users. Spaces may be configured for a variety of operational requirements and occupancy needs, with availability up to 20,000 SF.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 268-0140-024 | Improvements Assessment | $8,582,531 |
| Land Assessment | $5,924,789 | Total Assessment | $14,507,320 |
Property Taxes
Parcel Number
268-0140-024
Land Assessment
$5,924,789
Improvements Assessment
$8,582,531
Total Assessment
$14,507,320
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