701 Howe AveSacramento, CA 95825

Property Details for 701 Howe Ave

Year built

1972

Construction

TILT-UP CONCRETE

Lot size

0.05 AC

Property size (Sq ft)

2,270 SF

Zone code

BP (PC)

Property type

Office properties

Property subtype

Other office properties

APN

294-0290-001-0012

APU

29402900010012

Description

A fully built-out, 2,400-3,958 square foot medical office space is available for lease in Sacramento, CA, at 701 Howe Ave, Suite C-5, 95825. Last renovated in 2019, this space features a large patient lobby, administrative area, multiple doctor offices, several exam rooms (four with sinks), a nurse station, lab, breakroom, and two restrooms (one ADA compliant). High-quality laminate flooring is throughout. Located in an eight-building office park with covered walkways, skylights, and ample parking, the property boasts excellent visibility on Howe Ave, with traffic counts exceeding 45,000 vehicles daily. Exterior and window signage opportunities are available. The location offers convenient access to shopping, restaurants, and residential areas, situated between Arden Way and Fair Oaks Blvd. Additional office space (up to three additional offices) may be available. The quoted full-service rent is $2.25 per square foot, excluding janitorial services. The property is zoned BP (Business Professional) and offers easy access to amenities and public transportation. The minimum leasable space is 2,400 square feet, with a maximum contiguous space of 3,958 square feet. The total building size is 3,958 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $471,018

  6.5%

  $434,786

  7%

  $403,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $324,111

  Geo Method

  $324,111

• Alternative Use

  Use

  Valuation

  Residential

  $539,134

  Hospitality

  $493,844

  Educational

  $410,872

  Medical

  $425,003

  Retail

  $639,135

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5787

Longitude

-121.416

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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