1125 I SACRAMENTO, CA F O R SALE. Ken Turton Senior Vice-President Lic
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1 F O R SALE 1125 I StREET SACRAMENTO, CA FOR MORE INFORMATION CONTACT: Ken Turton Senior Vice-President Lic ken.turton@cbre.com Tony Whittaker Office Properties Lic tony.whittaker@cbre.com CB Richard Ellis, Inc. Broker Lic
2 A V A I L A B L E ±6,600sf 1125 I STREET SACRAMENTO, CA General Description 1125 I Street ( Subject Property ) is a ±6,600sf mixed use property located in the heart of Downtown Sacramento s Central Business District within walking distance to the State Capitol. Over the past decade, Downtown and Midtown Sacramento has experienced a surge of new development projects attracting more tenants, businesses and residents into the area. Subject Property has excellent corner exposure being located at the 12th and I Street intersection. Approximately 23,000 commuters pass by Subject Property when entering Downtown from HWY 160 or leaving Downtown via I street to access I-5, HWY 50 or HWY 80. The Subject Property was built in approximately Construction material is primarily concrete block and wood frame over a concrete spread foundation with extensive first and second floor window lines. Being located within Sacramento s Arts and Entertainment District the Subject Property s mixed use capabilities are not impacted by City of Sacramento s retail and restaurant parking requirements. Typically City of Sacramento will require 1 dedicated parking stall for every 300 square feet of retail space or 1 dedicated parking stall for every three dining tents within a restaurant. These standards are difficult to meet in Downtown Sacramento. The building s location within it s parcel allows an owner user very generous parking ratios. The buildings location within the Central Business District exempts Landlord from potentially needing to lease offsite parking - an expensive reality for Downtown Sacramento. Subject Property is a excellent Mixed Use opportunity for any retail, office or hybrid user needing ±2,200 to ±6,600 square feet in a prominent, high exposure location. Subject Property has approximately 9 onsite parking stalls, a light rail/ public transit stop directly across the street, a surface parking lot directly across the street and metered/non-metered street parking to accommodate all commuting methods. Private 2nd floor balcony with views of The Cathedral Building, Elks Tower and Downtown Sacramento Skylight. FOR MORE INFORMATION PLEASE CONTACT Ken Turton Senior Vice-President Lic ken.turton@cbre.com Tony Whittaker Office Properties Lic tony.whittaker@cbre.com
3 Extensive storefront glass P r o p e r t y Description Property Address: 1125 I Street, Sacramento, California Assessor s Parcel Number: Price: Gross Building Size: Lot Size: Zoning: $1,095, or approximately $ per square foot ±6,600 Square Feet ±7,480 Square Feet C2 General Commercial Year Built: Approximately 1965 Construction: Building Description: Concrete, Wood Frame Two Story, Class B Mixed Use building with excellent exposure, extensive window lines, two stairways, built on a concrete spread foundation. CB Richard Ellis 555 Capitol Mall Suite 100 Sacramento, CA CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
4 A V A I L A B L E ±6,600sf 1125 I STREET SACRAMENTO, CA Downtown Area Amenities Proximity to the State Capitol and the Central Business District: The Subject Property is within easy walking distance to the State Capitol. It is located only three blocks from the north end of the State Capitol Park, as well as centrally located in the Downtown Central Business District, making the location highly desirable to various associations, lobbyists, law firms, corporations and any other businesses looking to be near the State Capitol, providing any owner of the Subject Property with significantly greater disposition alternatives should the day come when they no longer need to use it themselves. Downtown Sacramento Major Venues Map FOR MORE INFORMATION PLEASE CONTACT Ken Turton Senior Vice-President Lic ken.turton@cbre.com Tony Whittaker Office Properties Lic tony.whittaker@cbre.com
5 Proximity to Other Major Venues: The Subject Property is surrounded by other major venues such as the following: City Hall at 915 I Street The County Courthouse at th Street The Federal Courthouse at 501 I Street The Convention Center at 1400 J Street The Community Theater at 1301 I Street The Memorial Auditorium at 1515 J Street Accessibility: The Subject Property is located at the north west corner of 12 th and I Street. I Street is currently one of the highest traffic count streets in Downtown Sacramento and provides an average daily traffic count of approximately ±15,688 per day. 12 th Street has the light rail, which provides an additional transportation means for employees at this office location. The Subject Property is also surrounded by a myriad of freeways, including I-5, I-80, Highway 50, Highway 160, Highway 99 and Business 80. CB Richard Ellis 555 Capitol Mall Suite 100 Sacramento, CA CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
6 Amenities Aerial FOR MORE INFORMATION PLEASE CONTACT Ken Turton Senior Vice-President Lic Tony Whittaker Office Properties Lic
7 Features 15ft high ceilings within ground floor retail space Decorative Stone Pillars CB Richard Ellis 555 Capitol Mall Suite 100 Sacramento, CA CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
8 Parcel Map 1125 I Street CB Richard Ellis 555 Capitol Mall Suite 100 Sacramento, CA CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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