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Office

3350 Watt Ave

3350 Watt Ave, Sacramento, CA 95821

Listing Price: $2,068,800

Cap Rate
5.00%
Gross SF
13,792
Rentable SF
13,792
Price/Gross SF
$150.00
Lot Size
0.95 acres
Year Built
1973

Investment Overview

3350 Watt Ave is a stunning office investment opportunity located in the thriving city of Sacramento, California.  The property is located just east of Sacramento in the beautiful Arden-Arcade section of the city. 3350 Watt Ave provides 13,792 square feet of office space on a 41,578 square foot lot. Located near Interstate 80 and public transit, this property offers convenient access from the surrounding area. Sacramento is the sixth-largest city in California and the 35th largest city in the United States. Sacramento has also been described as one of the top rental markets not only in California but across the nation and was ranked #1 Hottest Housing Market of 2021 by Realtor.com. This has mostly been driven by transplants from the San Francisco Bay Area to the region in combination with strong job growth in the area. With Future job growth over the next ten years predicted to be 34.8%, 3350 Watt Ave offers investors an excellent opportunity to capitalize on strong job growth and the increasing need for office space in the area.

Investment Highlights

  • Tremendous Value-Add Opportunity - Owner-User or Traditional Investor has the opportunity to achieve rental premiums through renovations and additions
  • Core Arden-Arcade Neighborhood Location - Offers a well-located asset on Watt Ave and Whitney Ave
  • Convenient Access to Transportation Corridors Including Interstate 80 and Public Transit

Exclusively Listed By

Listing Price: $2,068,800

Cap Rate
5.00%
Gross SF
13,792
Rentable SF
13,792
Price/Gross SF
$150.00
Lot Size
0.95 acres
Year Built
1973

Investment Highlights

  • Tremendous Value-Add Opportunity - Owner-User or Traditional Investor has the opportunity to achieve rental premiums through renovations and additions
  • Core Arden-Arcade Neighborhood Location - Offers a well-located asset on Watt Ave and Whitney Ave
  • Convenient Access to Transportation Corridors Including Interstate 80 and Public Transit

Investment Overview

3350 Watt Ave is a stunning office investment opportunity located in the thriving city of Sacramento, California.  The property is located just east of Sacramento in the beautiful Arden-Arcade section of the city. 3350 Watt Ave provides 13,792 square feet of office space on a 41,578 square foot lot. Located near Interstate 80 and public transit, this property offers convenient access from the surrounding area. Sacramento is the sixth-largest city in California and the 35th largest city in the United States. Sacramento has also been described as one of the top rental markets not only in California but across the nation and was ranked #1 Hottest Housing Market of 2021 by Realtor.com. This has mostly been driven by transplants from the San Francisco Bay Area to the region in combination with strong job growth in the area. With Future job growth over the next ten years predicted to be 34.8%, 3350 Watt Ave offers investors an excellent opportunity to capitalize on strong job growth and the increasing need for office space in the area.

Exclusively Listed By

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