Turton Commercial Real Estate is pleased to present 2020 29th Street (herein referenced as “The Property”) for sale as an exceptional multi-tenant office investment in the heart of Midtown Sacramento. The Property is an approximately 6,939 square foot, two-story office building offered for sale at $985,000 — priced well below replacement value at just $141 per square foot, and presents an attractive investment opportunity for an investor or owner-user to occupy the building. The Property is currently generating an approximate net operating income of $70,493, representing an in place 7.16% capitalization rate, with a pro-forma net operating income of $90,680, equating to a pro-forma capitalization rate of 9.21%*.

Features of the Property include covered parking, a dense, small office layout attracting demand from a variety of small businesses, proximity to major freeways, and significant upside in rental income.

*Reach out to listing broker to request further information and to review pro-forma income projections.