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MOTIVATED $193/ ft. KAISER anchor 7880 Alta Valley Dr 31,897 SF 100% Leased Office Building Sacramento, CA 95823 $5,970,000 ($187.16/SF) 6.80% Cap Rate
Investment Highlights
- The vast majority of the current tenant roster has occupied the building for over 20 years.
- Current ownership has invested in a new roof and common area remodels over the past five years. A new monument sign has been designed and bid as well.
- Unparalleled proximity to retail amenities, freeway access, and to the main entrance to one of the regions largest medical centers.
- The current rent roll provides new ownership the opportunity to reposition the building and increase cash flow due to current below market rates.
Executive Summary
It is located adjacent to Kaiser Permanente’s South Sacramento Hospital within the main medical services corridor in the South Sacramento and Elk Grove markets. It features
unbeatable access to Highway 99 and major arterials, plentiful parking, walkable food a shopping amenities, and signage and visibility in a highly trafficked area at the entrance to one of Sacramento’s largest hospitals. call partner Ed Schmidt at 415 673 0218 - very motivated to sell
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Finance and Insurance
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Allstate Insurance operates through a nationwide network of exclusive agents that provide insurance products backed by The Allstate Corporation. The Celebration, Florida office is operated by an independent Allstate agent and serves individuals and small businesses seeking personal and commercial insurance coverage. The agency offers insurance products that include auto, homeowners, renters, condominium, life, and small-business policies. The Allstate Corporation was founded in 1931 and is a publicly traded insurance company listed on the New York Stock Exchange (NYSE: ALL). Headquartered in Northbrook, Illinois, Allstate is one of the largest personal-lines insurance providers in the United States. Its business model combines corporate underwriting and brand oversight with locally operated agency offices that manage customer relationships and policy sales. The Celebration office functions as a customer-facing retail insurance location and operates within professional office space. The agency is locally managed while adhering to Allstate’s national operating standards, compliance requirements, and technological platforms. Allstate Insurance remains publicly held and continues to expand its distribution through exclusive agencies across the United States.
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- Health Care and Social Assistance
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Kaiser Permanente is one of the nation’s largest not-for-profit health plans. At Kaiser Permanente, physicians are responsible for medical decisions. The Permanente Medical Groups, which provide care for Kaiser Permanente members, continuously develop and refine medical practices to help ensure that care is delivered in the most efficient and effective manner possible. Founded in 1945, Kaiser Permanente headquartered in Oakland, California, comprises: Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and its subsidiaries, and The Permanente Medical Groups.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | - | ||
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Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | 117-0330-006 | Improvements Assessment | $4,265,640 |
| Land Assessment | $1,456,560 | Total Assessment | $5,722,200 |
Property Taxes
Presented by
Schmidt Property Group
MOTIVATED $193/ ft. KAISER anchor | 7880 Alta Valley Dr
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