700 L Street, 2nd Floor

Owner-User
700 L Street, Sacramento, CA 95816
Downtown
Use Office /
Lot Size .51 acres
Lease or Sale Lease, Sale,
Building Size ±23,546 SF
Sale Price $1,122,000

2nd floor office condo for sale.

Turton Commercial Real Estate is pleased to bring to market a once in a generation opportunity to own your own real estate mere blocks from the California State Capitol, across the street from Golden 1 Center, Downtown Commons (DOCO), and the region’s best amenities. With the potential for retail and office, the offering stands as one of the most unique and valuable opportunities in the Central Business District. Parking is available at market rates, directly adjacent to the building.

From a purchase standpoint, ownership is offering the shell spaces for $425-$500 per square foot, which is inclusive of a $125 per square foot improvement allowance, to bring the space from shell to a deliverable standard. This approach takes much of the burden of managing construction and timelines, off of the prospective buyer, and focuses their attention on working hand in hand with architects and general contractors to deliver the ideal, custom office or retail space. Additionally, the new owner would be part of the building condominium association which would manage many aspects of the building’s maintenance and relieve an owner from the minutia of that process.

Suites

Suite 2nd Floor Mezzanine
Use Office, Retail,
Size 2,640 SF
Rate $3.75 SF/Month
Lease Type NNN
Suite 1st Floor + 2nd Floor Mezzanine
Use Office, Retail,
Size 9,230 SF
Rate $3.75 SF/Month
Lease Type NNN

Property Details

Location Map

Street View

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