2419 K Street
2419 K Street, a 6,500 SF former longtime home of City Bicycle Works, now fully occupied by Trek Bicycle, has been sold. Turton Commercial Real Estate was involved with the recent lease extension with Trek and the subsequent sale to a local investor for $2,000,000. Scott Kingston represented the seller, and Jon Lang represented the buyer in the transaction. – January 2025
Option 1: Investment Sale if Trek Bicycle renews at 2419 K Street. 2419 K Street is a 6,395 SF retail building located in the heart of Midtown and is currently leased to a nationally recognized tenant, Trek Bicycle. The property offers a secure income stream with a proven tenant. The existing lease expires October 31, 2025, with a tenant-held option to renew for an additional five years.
Option 2: Owner/user sale if Trek Bicycle vacates at 2419 K Street. If Trek elects to vacate on October 31, 2025, this turn-key building offers unparalleled potential for an owner-occupant seeking a high-visibility location in Midtown.
Option 3: Retail space available if Trek Bicycle vacates at 2419 K Street. With Trek’s potential departure on October 31, 2025, a remarkable chance emerges to occupy one of Midtown Sacramento’s most coveted retail spaces. This turn-key building is ideally situated in Midtown’s vibrant commercial district, surrounded by thriving businesses, trendy restaurants, and upscale residences. Ample on-site parking further enhances the convenience and appeal of this exceptional property.