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918 J St 18,400 SF Office Building Sacramento, CA 95814 $4,500,000 ($244.57/SF) 10% Cap Rate



INVESTMENT HIGHLIGHTS
- Purchase an 18,400 SF luxury office building with premium modern finishes, offering the ability to be one unified headquarters or leased separately.
- Experience open, versatile office layouts for any use, ground-floor storefront retail visibility with floor-to-ceiling glass, and rare on-site parking
- Ideal for professional firms, creative companies, medical/wellness groups, or corporate HQ seeking a prestigious, centrally located building.
- High-traffic corridor with excellent signage potential, perfect for companies seeking a flagship headquarters or visibility-driven retail presence.
- Located in the most desirable zone of the CBD, steps from DOCO, Golden 1 Center, the State Capitol, hotels, tourism, and dense daytime employment.
EXECUTIVE SUMMARY
Discover a rare flagship opportunity in the core of Downtown Sacramento at 918 & 918 ½ J Street. Offered for sale is a beautifully improved, approximately 18,400-square-foot Class A commercial building located on iconic J Street, positioned directly between the State Capitol, Downtown Commons (DOCO), and the expanding entertainment and dining district surrounding Golden 1 Center.
With two separately metered addresses, 918 & 918 ½ J Street, this property offers an extraordinarily flexible layout. Currently operating as a boutique luxury real estate office, the owner/user can occupy the entire building for a signature headquarters, or the property can be leased floor-by-floor or unit-by-unit for multiple revenue streams. The building’s modern design, high-end finishes, and adaptable floor plates make it ideal for office, retail, showroom, medical, creative-use, wellness, and experiential concepts. The property includes an amenity almost unheard of in the downtown core: a private parking garage. All this and more prove this is one of the only turnkey Class A opportunities of this size available downtown.
Positioned in the absolute center of Sacramento’s commercial and entertainment core, this property puts businesses in the middle of everything like being one block from the DOCO (Downtown Commons), two blocks from the Golden 1 Center, and minutes from the State Capitol and major state agencies. 918 & 918 ½ J Street is surrounded by Sacramento’s highest pedestrian and visitor traffic due to its walkability to restaurants, coffee shops, nightlife, hotels, and shopping. Tenants appreciate the easy access to public transit, the St. Rose of Lima Park (9th & K) light rail stop, and major freeways of Interstates 5, 80, and the 50 and 160 Highways. The office is also located in the path of continued downtown development and revitalization, such as the DOCO expansion. Experience the vibrant energy of a corridor that draws in professionals, tourists, event-goers, and local residents daily. This strategic location is perfect for businesses that thrive on high visibility, steady foot traffic, and a prestigious setting.
As downtown Sacramento continues to expand with DOCO, the Convention Center, major hotel developments, and nearby major employers, this asset sits at the center of Sacramento’s long-term economic growth. Whether you're an investor seeking a prime location with income flexibility or a business owner looking for a remarkable downtown headquarters, 918 & 918 ½ J Street delivers both immediate functionality and long-term opportunity.
With two separately metered addresses, 918 & 918 ½ J Street, this property offers an extraordinarily flexible layout. Currently operating as a boutique luxury real estate office, the owner/user can occupy the entire building for a signature headquarters, or the property can be leased floor-by-floor or unit-by-unit for multiple revenue streams. The building’s modern design, high-end finishes, and adaptable floor plates make it ideal for office, retail, showroom, medical, creative-use, wellness, and experiential concepts. The property includes an amenity almost unheard of in the downtown core: a private parking garage. All this and more prove this is one of the only turnkey Class A opportunities of this size available downtown.
Positioned in the absolute center of Sacramento’s commercial and entertainment core, this property puts businesses in the middle of everything like being one block from the DOCO (Downtown Commons), two blocks from the Golden 1 Center, and minutes from the State Capitol and major state agencies. 918 & 918 ½ J Street is surrounded by Sacramento’s highest pedestrian and visitor traffic due to its walkability to restaurants, coffee shops, nightlife, hotels, and shopping. Tenants appreciate the easy access to public transit, the St. Rose of Lima Park (9th & K) light rail stop, and major freeways of Interstates 5, 80, and the 50 and 160 Highways. The office is also located in the path of continued downtown development and revitalization, such as the DOCO expansion. Experience the vibrant energy of a corridor that draws in professionals, tourists, event-goers, and local residents daily. This strategic location is perfect for businesses that thrive on high visibility, steady foot traffic, and a prestigious setting.
As downtown Sacramento continues to expand with DOCO, the Convention Center, major hotel developments, and nearby major employers, this asset sits at the center of Sacramento’s long-term economic growth. Whether you're an investor seeking a prime location with income flexibility or a business owner looking for a remarkable downtown headquarters, 918 & 918 ½ J Street delivers both immediate functionality and long-term opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
18,400 SF
Building Class
C
Year Built/Renovated
1920/2014
Price
$4,500,000
Price Per SF
$244.57
Cap Rate
10%
NOI
$450,000
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
6,400 SF
Building FAR
2.82
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C-3-SPD - General Commercial - Special Planning District
Allowed uses include but not limited to: residential, office, retail
Parking
4 Spaces (0.22 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Oracle Properties
- Real Estate
- -
- -
- -
tbd
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Oracle Properties | Real Estate | - | - | - |
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (98)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
24,059
149,998
358,104
2024 Population
26,383
155,352
367,605
Population Growth '20-'24
9.7%
3.6%
2.7%
2020 Households
11,479
64,564
140,897
2024 Households
13,100
67,617
145,413
Household Growth '20-'24
14.1%
4.7%
3.2%
Average Age
40
39
38
Median Household Income
$60,486
$75,117
$69,612
Daytime Employees
100,041
180,211
285,880
Total Businesses
5,927
17,691
30,183
College Degree + Higher
43%
41%
34%
PROPERTY TAXES
| Parcel Number | 006-0101-010 | Improvements Assessment | $25,500 |
| Land Assessment | $1,173,000 | Total Assessment | $1,198,500 |
PROPERTY TAXES
Parcel Number
006-0101-010
Land Assessment
$1,173,000
Improvements Assessment
$25,500
Total Assessment
$1,198,500
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