As exclusive advisors CBRE is pleased to offer for sale a ±90,843 sq. ft. two building office complex located on ±2.18 acres at the corner of 28th & S Streets in Sacramento’s Midtown. The larger building is ±82,643 sq. ft in size while the smaller annex encompasses ±8,200 sq. ft.

The prominent location affords quick and easy access to both Midtown and all parts of the Central Business District. It represents an ideal opportunity for an owner-user to acquire a high-quality new home for their business in the middle of the retail, residential and governmental developments that make Sacramento’s Midtown such a lively, desirable place to be. Alternatively the significant size of the Subject’s parcel, dimensionally a square block proximate to all area freeways and abundant public transit, fairly begs for a developer enthusiastic about adding to Sacramento’s multi-housing inventory at a time of shrinking vacancy rates and rapidly rising rents.

For several years Downtown and Midtown have been experiencing robust growth in the development of residential and mixed-use projects. The hybrid work model set in motion a population shift as highly-paid technology workers and others emigrated from the Greater Bay Area to take advantage of Sacramento’s more relaxed and affordable lifestyle.

The centrally located site is only blocks from the State Capitol, Downtown Commons, Golden 1 Center, the newly expanded Sacramento Convention Center and SAFE Credit Union Performing Arts Center. It is close to every major downtown office building, most State of California office buildings, abundant shopping venues, and a plethora of dining opportunities ranging from fast/casual to white linen tablecloth.

The property is being offered at $8,115,000 which equates to $89 per square foot of net rentable area and $85 per square foot of land. Parking is available both on site as well as within a proximate parking structure shared with the Sacramento Natural Foods Co-op.

Expressions of interest should be directed to Randy Getz or Tony Whittaker whose contact information is set forth in the offering memorandum.