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Office For Sale • 45,500 SF
| Both leases include annual rent increases with no rollover until late 2024 |
| Projected cash IRR of 8.78% and leveraged return of 13.66% if held for 10 years then sold |
| Spaces feature customized improvements to accommodate tenants' specialized requirements |
| Both tenants report space utilization has been unaffected by COVID-19 regulations |
| Good access to Highway 50 and public transportation makes the location popular with government agencies and private companies |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| California Dept of Corrections and Rehabilition | 26,565 SF | 8/31/2024 |
| Immuno Concepts Inc | 17,466 SF | 12/31/2024 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Sacramento International | 32 min | - | 23.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 172 |
| Type: | Surface |
| Included in Rent: | Yes |
