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818 19th St 4,410 SF 100% Leased Retail Building Sacramento, CA 95811 $1,250,000 ($283.45/SF) 6.67% Cap Rate



EXECUTIVE SUMMARY
818 19th Street in Sacramento is a fully leased, two-building investment property in the heart of Midtown, o?ered at $1,250,000 with a 6.67% cap rate. Situated on a ±6,400 SF parcel with C-2 zoning, the ±4,948 SF property is 100% occupied by a Salon, At Ease Brewery, and Escape Sacramento. It also has its own parking lot which is very unique to the area. Tenants align perfectly with the neighborhood’s vibrant, walkable atmosphere. Built in 1950, the property combines classic architecture with modern tenant demand, delivering stable monthly gross rent of $9,353.82 ($112,245 annually) and annual net operating income of $83,445. All three leases feature 3% annual rent increases, o?ering built-in income growth and options to renew.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,410 SF
Building Class
B
Year Built
1966
Price
$1,250,000
Price Per SF
$283.45
Cap Rate
6.67%
NOI
$83,375
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.67
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C2
Parking
4 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
51’ on 19th St
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 007-0011-024 | Improvements Assessment | $619,894 |
| Land Assessment | $318,471 | Total Assessment | $938,365 |
PROPERTY TAXES
Parcel Number
007-0011-024
Land Assessment
$318,471
Improvements Assessment
$619,894
Total Assessment
$938,365
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