Midtown Sacramento Law Firm Properties Hit Market for $4.3M with Redevelopment Potential

Investors often like properties with triple-net leases, but one that just hit the market in Midtown Sacramento has something more. While longtime tenant law firm Wilcoxen Callaham LLP just signed an extension through 2031 for 2114 and 2116 K St and 2119 L St., a buyer could explore more options down the road than with a typical leased investment, said listing broker Jon Lang with Turton Commercial Real Estate.

Combined, the three properties have 9,600 square feet of building space and 30 parking stalls, including 20 on the lot at 2119 L.

Wilcoxen Callaham has been a tenant since 1979, Lang said, but if the firm decided to leave after that or the owner decided to go a different direction, the existing buildings could serve office or retail purposes.

In addition to Lang, Ken Turton of Turton Commercial Real Estate is on the listing.