2101 Arena BlvdSacramento, CA 95834

Property Details for 2101 Arena Blvd

Year built

2000

Construction

TILT-UP CONCRETE

Lot size

5.33 AC

Property size (Sq ft)

79,920 SF

Zone code

EC-40-PUD

Property type

Office properties

Property subtype

Office buildings

APN

225-0070-093-0000

APU

22500700930000

Description

This exceptional two-story executive office building, situated on a 5.33-acre lot in Sacramento, CA (95834), presents a unique investment opportunity. Boasting 78,400 square feet of meticulously maintained space, the building was constructed in 1999 and is zoned MRD. The property offers ample parking with 312 spaces available for tenants and visitors. Detailed floor plans are available, showcasing the efficient layout of approximately 37,218 square feet on the first floor and approximately 41,182 square feet on the second floor. The asking rate is $1.75 per square foot. The building benefits from excellent freeway access, making it easily accessible for employees and clients. A significant advantage is the inclusion of new modular furniture systems already in place, reducing upfront tenant improvement costs. Furthermore, the property's location provides convenient access to various retail amenities within walking distance. The building also offers prominent top signage opportunities, enhancing visibility and brand recognition. This property is ideal for a variety of uses and presents a compelling opportunity for investors seeking a well-located, high-quality office building in a thriving Sacramento market. The address is 2101 Arena Blvd.

• CAP approach

  CAP return

  Valuation

  6%

  $14,403,352

  6.5%

  $13,295,402

  7%

  $12,345,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,410,978

  Geo Method

  $11,410,978

• Alternative Use

  Use

  Valuation

  Residential

  $16,486,298

  Hospitality

  $15,101,360

  Educational

  $12,564,155

  Medical

  $12,996,255

  Retail

  $19,544,240

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6471

Longitude

-121.513

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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