For Sale
$3,950,000

2015 J St Sacramento, CA 95811

12,896 SF Office Building, 89% Occupied

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional two-story, 12,896 square foot office building is located in the heart of Midtown Sacramento at 2015 J Street, zip code 95811. The property sits on a 0.3-acre lot and features a C-2-SPD zoning designation. Renovated in 2006, the building boasts a modified lease structure with multiple tenants, currently enjoying 89% occupancy. Individual tenant spaces range from approximately 398 to 3,495 square feet, with 5,277 square feet currently vacant, presenting an owner-user opportunity. The asking price is $3,950,000, translating to $306.30 per square foot. A significant advantage is the secured easement for 32 parking spaces across the street at 2015 K Street, providing a generous parking ratio of 1.7 spaces per 1,000 square feet. Several existing leases are below current market rates, indicating substantial rental growth potential. The building's prime Midtown location offers high visibility and proximity to numerous amenities, including popular restaurants and coffee shops. This presents a compelling investment opportunity with strong upside potential. The property's APN is 007-0016-019-000.

Highlights

  • Prime Midtown Sacramento location at 2015 J Street, near numerous restaurants and cafes.
  • Significant rental upside potential due to below-market lease rates and 5,277 SF of vacant space, ideal for owner-occupancy.
  • Ample parking with a dedicated easement providing 32 spaces (1.7:1,000 ratio).

Property Details for 2015 J St

Property type
Office properties
Square Feet
12,896 SF
Year Renovated
2006
Stories
2
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5767772
Longitude
-121.4789577

FAQs

What type of property is this?
Office property - 12,896 SF Office Building, 89% Occupied
Where is the office property located?
The property is located at 2015 J St Sacramento, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Prime Midtown Sacramento location at 2015 J Street, near numerous restaurants and cafes.; Significant rental upside potential due to below-market lease rates and 5,277 SF of vacant space, ideal for owner-occupancy.; Ample parking with a dedicated easement providing 32 spaces (1.7:1,000 ratio).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2015 J St
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