30 Golden Land CtSacramento, CA 95834
- Healthcare properties
- 9,920 SF
Property Details for 30 Golden Land Ct
- Year built
- 2004
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 9,920 SF
- Zone code
- EC-30-PUD
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 225-1620-032-0000
- APU
- 22516200320000
Description
This exceptional investment opportunity presents a 9,920-square-foot Class A medical office building in Sacramento, California. The property, located at 30 Goldenland Ct, 95834, is fully occupied by DaVita Kidney Care under a Net Lease agreement with over 13 years remaining on the initial term. The lease includes a 10% rent increase every five years and three five-year options to extend, providing significant long-term stability and predictable income growth. The building, constructed in 2004, boasts a strong corporate guarantee from DaVita, a national leader in kidney care with over 3,100 clinics and over $11.6 billion in revenue (2021). The property's current Net Operating Income (NOI) is $188,480, yielding a compelling 5.25% capitalization rate at an asking price of $3,590,000. The flexible EC-30-PUD zoning allows for potential future uses beyond medical, including retail or office. Situated in a rapidly growing submarket of Sacramento, with over 223,000 people within a five-mile radius, this property offers a rare combination of strong tenant occupancy, substantial lease terms, and significant upside potential. The APN is 225-1620-032-0000. This is a stabilized investment with a single tenant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,787,803
- 6.5%
- $1,650,280
- 7%
- $1,532,403
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,416,378
- Geo Method
- $1,416,378
-
Alternative Use
- Use
- Valuation
- Residential
- $2,046,347
- Hospitality
- $1,874,443
- Educational
- $1,559,515
- Medical
- $1,613,149
- Retail
- $2,425,912
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.6509
- Longitude
- -121.504
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].