Turton Commercial Real Estate is pleased to present the opportunity to purchase a three-property portfolio including 2114 K Street, 2116 K Street, and 2119 L Street (collectively the “Property”), which together are offered for sale as a triple net leased investment located in the heart of Midtown, Sacramento. The Property is 100% leased to Wilcoxen Callaham, LLP (“Wilcoxen”), a personal injury and malpractice law firm, which was founded in Sacramento in 1979 and has continuous occupied the Property for over 47 years. Wilcoxen recently extended the lease term for the entire Property through July 31, 2031, thus a new owner will inherit a nearly five-year term at closing. The lease is a traditional “triple net” structure whereby Wilcoxen reimburses the ownership for all operating expenses and nearly all maintenance and repair to the Property in addition to the base rent, janitorial, and utility expenses.

2114 and 2116 K Street are contiguous single-story office buildings that are connected via interior opening and measure 9,600 rentable square feet total. 2114 K Street, which measures 6,400 rentable square feet, was constructed in 1970 and includes a reception area, 12 private offices, medium-sized conference room, open workspace, file storage, and restroom core. 2116 K Street, which measured 3,200 rentable square feet and was constructed in 1954, includes six private offices, large-sized conference room, additional file storage, and restroom core. There are 10 on-site parking stalls located behind the building. 2119 L Street, which is located across the alley from the buildings, is a separate 6,400 square foot parking lot featuring 20 parking stalls, which is also exclusively leased to Wilcoxen.