For Sale Alhambra Boulevard, Sacramento Urban Infill Redevelopment Opportunity Almost an Entire City Block

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Bennett Booth
5 years ago
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, FRIDAY, FEBRUARY 5, 2016 The sale of the former Mary Ann s Bakery site, located between Alhambra Boulevard and 30th Street, C and D Streets, presents a rare opportunity to

1 C STREET C STREET 30TH STREET CHINATOWN ALLEY D STREET D STREET ALHAMBRA BOULEVARD CALL FOR OFFERS - DUE BY 5:00 P.M., FRIDAY, FEBRUARY 5, 2016 The sale of the former Mary Ann s Bakery site, located between Alhambra Boulevard and 30th Street, C and D Streets, presents a rare opportunity to acquire almost a full city block in one of Sacramento s most affluent and desirable neighborhoods. This iconic property is one block from the E Street ramps of the Capital City Freeway (Business 80), McKinley Park (32 Acres) and McKinley Village (a 48 acre, 328 unit, new master-planned development). Its central regional location offers unparalleled access to restaurants, shopping and a myriad of recreational amenities.

u Land Area: 96,000 SF (Includes 3,200 SF of Alley which is not a part of the offering) u Building Area: 56,000 SF Plus 2 Residential Homes of 1,086 SF & 1,160 SF u Zoned: C-2-SP u APNs:

2 u Land Area: 96,000 SF (Includes 3,200 SF of Alley which is not a part of the offering) u Building Area: 56,000 SF Plus 2 Residential Homes of 1,086 SF & 1,160 SF u Zoned: C-2-SP u APNs: , -002, -017, -018, -020, -021 u Easy Access to Major Commute Routes u On the Border of Midtown and East Sacramento u Pedestrian and Bike-friendly Community u Short Drive to Downtown Sacramento u American River Parkway Minutes from the Property u Only a Block from the Planned Pedestrian Tunnel to McKinley Village, a 48 Acre, 328 Unit Neighborhood u A Buyer is responsible for paying any Buyer s broker s fee; Ken Noack and David Brandenburger represent the Seller exclusively 3RD STREET 5TH STREET RIVERSIDE BOULEVARD RICHARDS I STREET CAPITOL MALL 9TH STREET 10TH STREET L STREET BOULEVARD 15TH STREET BROADWAY 12TH STREET 16TH STREET 19TH STREET 21ST STREET J STREET P STREET Q STREET SITE ALHAMBRA BOULEVARD FEE DRIVE STOCKTON BOULEVARD H STREET FOLSOM BOULEVARD

Curtis Park Village 72 Acres 513 Residential Units 180,000

& The Bridge District R STREET CORRIDOR Entertainment &

Center Complex CAPITAL CITY FREEWAY SITE EAST SACRAMENTO

3 Curtis Park Village 72 Acres 513 Residential Units 180,000 SF of Retail 40 Acres 1,000 Residential Units Raley Field & The Bridge District R STREET CORRIDOR Entertainment & Sports Complex Sacramento Railyards 244 Acres 10,000 Housing Units 2.3 Million SF of Commercial MIDTOWN Sacramento Convention Center Complex CAPITAL CITY FREEWAY SITE EAST SACRAMENTO McKinley Park Dog Park McKinley Village 48 Acres 330 Residential Units Sutter Landing Regional Park Skate Park

1-Mile 2-Mile 3-Mile Population: 15,530 59,529

4 McKinley Village Site Plan 30TH STREET D ALHAMBRA BOULEVARD H STREET Demographics (Estimated 2015) 1-Mile 2-Mile 3-Mile Population: 15,530 59, ,816 Average HHI: $69,962 $65,962 $61,696 J STREET

5 SUBJECT PROPERTY Note: Offering does not include alley, but in conversations with the City of Sacramento, they have indicated a willingness to abandon the alley.

Sacramento Renaissance Sacramento is experiencing a major renaissance

6 Billion downtown sports and entertainment complex (Golden One Center),

acres), which will be anchored by a new Kaiser Hospital.

Village (83 acres), McKinley Village (48 acres), the opening of the new

Kaiser Hospital McKinley Park Pond McKinley Park Playground Sutter

city government is pushing a plan to have over 10,000 new residences in

6 Sacramento Renaissance Sacramento is experiencing a major renaissance with the improving economy, development of a $1.6 Billion downtown sports and entertainment complex (Golden One Center), progress on numerous in-fill developments such as the Railyards (246 acres), which will be anchored by a new Kaiser Hospital. Golden One Center Curtis Park Village McKinley Village Curtis Park Village (83 acres), McKinley Village (48 acres), the opening of the new $730 Million Sutter Medical Center and much more. Kaiser Hospital McKinley Park Pond McKinley Park Playground Sutter Medical Center The Sacramento metropolitan area is closing in on a population of 2.5 million people. Sacramento has almost 500,000 residents and over the next ten years, city government is pushing a plan to have over 10,000 new residences in downtown alone. In addition to being a dynamic, culturally diverse and progressive area, Sacramento is also very close to the world-renowned destinations of Napa Valley, Lake Tahoe and San Francisco.

Redevelopment Projects The Metropolitan and Sacramento Commons would be just a short walk from the new $1.

Some believe that if a residential high-rise revolution is on its way, the Sacramento Kings could play a leading role.

on the R Street Corridor in downtown Sacramento.

market-rate apartment units, along with 13,000 square feet of ground-level retail.

the variety and culture Midtown has to offer in restaurants, coffee shops, boutiques, art gallery, museum and theater.

7 Redevelopment Projects The Metropolitan and Sacramento Commons would be just a short walk from the new $1.6 Billion Sacramento Golden One Center. Some believe that if a residential high-rise revolution is on its way, the Sacramento Kings could play a leading role. Sacramento Commons Warehouse Artists Lofts The Metropolitan The $41 Million Warehouse Artist Lofts project was completed in 2015 on the R Street Corridor in downtown Sacramento. Using an existing, historic, six-story brick warehouse as its base, the project will include 86 affordable apartment units and 30 market-rate apartment units, along with 13,000 square feet of ground-level retail. Tapestry Square Tapestry Square is a new single-family community in the heart of Midtown within walking or biking distance of all the variety and culture Midtown has to offer in restaurants, coffee shops, boutiques, art gallery, museum and theater. This could be a great concept for the Mary Ann s Baking Company site. 16 Powerhouse Situated along the 16th Street Corridor, 16 Powerhouse is a sustainable, mixed-use development that will be LEED Platinum certified with 50 luxurious rental apartments and private parking. Four local businesses including Insight Coffee Roasters, Orchid Tai, Sun and Soil Juice and Magpie Cafe, occupy the ground floor.

D STREET D STREET. 980 Ninth Street, Suite 2500, Sacramento, CA 95814

D STREET D STREET. 980 Ninth Street, Suite 2500, Sacramento, CA 95814 Almost an ntire City Block C STREET C STREET 30TH STREET CHINATOWN ALLEY D STREET D STREET ALHAMBRA BOULEVARD The sale of the former Mary Ann s Bakery site, located between Alhambra Boulevard and 30th