Government Office Built to Suite

1300 U St, Sacramento, CA 95818, USA

OPEN FOR INVESTMENT

$ 27,850,000

Investment Details

About the Property

This property has been several years in the making. We recently signed a government contract to lease this building making this a tremendous investment opportunity. Single story 47,514 SF stand-alone office building located in Sacramento, California. This timeless architecture with modern amenities sits on 76,000 SF of land parceled with C-2 zoning.


Value-Add Opportunity

- Customized rehab for state tenant to occupy 100% of the building.

- Looking to source 1 million of remaining common share equity.

- Purchase price represents a 20% discount to replacement cost.

- Only leasing opportunity in its size with 81 onsite parking stalls.


Location

- Beautiful Southside Park neighborhood of Sacramento.

- Numerous walkable amenities, including the Capital Building and R-Street Corridor.

- Located right off Highway 50, Business 80, and only three blocks from the Sacramento Regional Transit Light Rail Station.

- Sacramento is considered California’s fastest growing metropolitan area.


Capital Raise

- We will be raising $800k over the next 3 months to complete the unit upgrades.

- Minimum Investment $25k-$99k for silent partners, $100k for Executive Partners.


We'd love to share more about this opportunity with you. Call Bob Clippinger at bob@cip-inc.com or call 949-363-7676.

Investment Stats

Pending

Return on Investment

Pending

Annual Return on Investment

3X

Annual Rate of Return

$100K

Minimum Down

Property Details

Property Type

Mixed-Use

# of Units

Target Hold Time

10 Years+

Total Square Footage

47,500

Target Cash Investment

Status

OPEN FOR INVESTMENT

Property Location

1300 U St, Sacramento, CA 95818, USA