2419 K StSacramento, CA 95816
6,395 SF Retail Building, 6.40% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 118
Highlights
- National brand tenant, Trek Bicycle, with lease expiring October 31, 2025, option to renew to October 31, 2030.
- Midtown Sacramento location offering strong rental growth potential.
- Long-term lease providing secure income stream through October 31, 2030 (with option exercised).
- Well-maintained building with excellent visibility and on-site parking.
- Below-market rent: approximately 20% below current market rates.
- If option exercised, rent will be $10,824.32/month with 2% annual increases, yielding a 6.4% capitalization rate at a $2,025,000 purchase price.
Property Details for 2419 K St
- Property type
- Retail properties
- Square Feet
- 6,395 SF
- Year Built/Renovated
- 1948/2019
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.574275
- Longitude
- -121.4740611
Nearby Similar for Sale
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