Office
Citizens Business Center
2740 Fulton Ave, Sacramento, CA 95821
Listing Price: $3,250,000
Investment Overview
Marcus & Millichap is pleased to present the Citizens Business Center located at 2740 Fulton Avenue, on the major thoroughfare of the Fulton District and a short walk from the famous, original, amenity-rich Town & Country Village shopping center. This 17,945 square foot office building is currently managed by a single operator who oversees 59 executive offices which are currently 88 percent occupied. The asset boasts a staffed reception desk, fiber optic Internet, VoIP telephones as well as conference rooms, kitchen, and break rooms. Also featured is on-site and off-site parking totaling 3.12/1,000 parking ratios as well as a history of renovations and improvements starting in 2014.
Listing Price: $3,250,000
Investment Highlights
- Legacy Executive Suite Building at a Strong 6.76 Cap Rate
- The Commercial Equivalent of an Apartment Building, but at a Much Higher ROI
- Recent Building and Systems Upgrades Consistently Over the Last Several Years
Investment Overview
Marcus & Millichap is pleased to present the Citizens Business Center located at 2740 Fulton Avenue, on the major thoroughfare of the Fulton District and a short walk from the famous, original, amenity-rich Town & Country Village shopping center. This 17,945 square foot office building is currently managed by a single operator who oversees 59 executive offices which are currently 88 percent occupied. The asset boasts a staffed reception desk, fiber optic Internet, VoIP telephones as well as conference rooms, kitchen, and break rooms. Also featured is on-site and off-site parking totaling 3.12/1,000 parking ratios as well as a history of renovations and improvements starting in 2014.
