Turton Commercial Real Estate, as exclusive advisor, is pleased to present the opportunity to lease The Alhambra Block (the “Property”), four parcels totaling ± 33,689 square feet located adjacent the Capital City Freeway along East Sacramento’s busiest thoroughfares. The Property is being offered at a lease rate of $.50 per square foot (SF) per month representing a developer cost of 4.5% on estimated land value of $100/SF. This developer cost is approximately 50% of current land/construction lending rates.

Within blocks of all four major hospitals the Alhambra Block provides an ideal location for multiple development applications including medical, hospitality, multi-family and senior housing. The site is further benefitted by immediate egress and ingress to Interstate 50 and 80 and directly adjacent to L Street and 2 blocks south of J Street, the two major east west corridors to Sacramento’s Midtown and Downtown submarkets.

Further benefitted by an idyllic location nestled between a myriad of East Sacramento’s most desirable eateries and cafes and one block from a Safeway grocery, the Alhambra Block is arguably the most desirable development opportunity in the Sacramento Region.