3636-3640 American River Dr 117,445 SF 95% Leased Office Building Sacramento, CA 95864 $24,603,000 ($209.49/SF) 7.75% Cap Rate

PRICE REDUCTION: $24,603,000 ($193 per sq. ft. NRA) | 7.75% Year 1 Cap Rate
CBRE, Inc. in concert with Newmark, is pleased to offer a 94% leased Class A suburban office complex that has long demonstrated its attractiveness to top tier tenants despite ambient market conditions that have proven challenging for the majority of its competitive set. The Subject offers a compelling value proposition which has stood it in good stead for decades:
- Institutional ownership which has not stinted relative to care and maintenance of the physical plant and its attendant lush, verdant landscaping.
- A truly extraordinary location which offers instant access to U.S. Highway 50 and thus to all area freeways and interstates.
- The Subject sits in a bucolic suburban setting but is only 15 minutes from Sacramento’s Central Business District, the State Capitol, and both State and Federal Courts.
- Proximity to Sacramento’s best executive housing as well as less expensive accommodations for all income demographics.
- Mere minutes from some of the region’s finest restaurants, shopping and service retail.
- The Complex boasts long-term, committed tenants with de minimis likelihood of tenant relocations thus promising secure and durable income streams well into the future.