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Office

Citizens Business Center

2740 Fulton Ave, Sacramento, CA 95821

Listing Price: $3,250,000

Cap Rate
6.76%
Gross SF
17,945
Rentable SF
17,945
Price/Gross SF
$181.11
Lot Size
0.68 acres
Year Built
1955

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.

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

Exclusively Listed By

  • Mark Hefner

    Senior Vice President Investments

    (916) 724-1361

    Email Mark

    License(s): CA: 00823945, NV: BS.1000677, OR: 201211829, WA: 24003

    Sacramento

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

Financing By

Office

Citizens Business Center

Listing Price: $3,250,000

Cap Rate
6.76%
Gross SF
17,945
Rentable SF
17,945
Price/Gross SF
$181.11
Lot Size
0.68 acres
Year Built
1955

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.

Exclusively Listed By

  • Mark Hefner

    Senior Vice President Investments

    (916) 724-1361

    Email Mark

    License(s): CA: 00823945, NV: BS.1000677, OR: 201211829, WA: 24003

    Sacramento

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

Financing By

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