160 Promenade CirSacramento, CA 95834

  • Office properties
  • 120,031 SF
For Lease

Property Details for 160 Promenade Cir

Year built
2009
Lot size
6.92 AC
Property size (Sq ft)
120,031 SF
Zone code
EC-50-PUD
Property type
Office properties
Property subtype
Office buildings
APN
225-2110-060-0000
APU
22521100600000

Description

Gateway Corporate Center, located at 160 & 180 Promenade Cir, Sacramento, CA 95834, offers exceptional Class A executive office space for lease in Sacramento County. This prestigious property boasts a total of 87,084 square feet, divided into nine suites. Multiple tenancy options are available, with spaces ranging from a minimum of 1,738 square feet to a maximum contiguous space of 18,586 square feet. Currently, there are 53,814 square feet of vacant space ready for immediate occupancy. The building provides plentiful free parking for tenants and their guests, a significant advantage in a busy urban environment. This is an ideal location for businesses seeking modern, efficient, and well-appointed office space in a thriving Sacramento business district. The property's strategic location offers easy access to major transportation routes and amenities. Contact us today to explore the leasing opportunities and discover how Gateway Corporate Center can meet your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,632,242
    6.5%
    $19,968,222
    7%
    $18,541,922
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,138,026
    Geo Method
    $17,138,026
  • Alternative Use

    Use
    Valuation
    Residential
    $24,760,596
    Hospitality
    $22,680,572
    Educational
    $18,869,970
    Medical
    $19,518,938
    Retail
    $29,353,288
160 Promenade Cir, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6366
Longitude
-121.501
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$357,543
$2,426,252
$24,150,986
$26,577,238
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FAQs

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