1001 K Street
2nd Floor Condo
Downtown

1001 K Street
Region: Downtown
Use: Office
Lease or Sale: Lease & Sale
Building Size: ±7,755 SF
Sale Price: $2,830,000
Leasable SF: 7,755 SF
Lease Rate: $2.95 / SF / Month
1001 K Street totals 54,000 square feet across five stories, while the available space is a 7,755 rentable square foot full floor office condominium, available for sale or for lease.
Located 2 blocks from the Convention Center which will be fully remodeled in Q1 2021, 3 blocks from the Community Theater which is undergoing a complete renovation and will be complete by the end of 2020, 2 blocks from the State Capitol, 3 blocks from City Hall, 3 blocks to Sacramento’s three largest hotels, 1001 K Street is located at ground zero of Sacramento’s exciting revitalized urban experience. In addition, the building offers direct access to light rail, numerous restaurants and shopping, and is just a short walk to Sacramento’s vibrant Downtown Commons (DoCo) entertainment district and Golden 1 Center.
The Property is being offered at a price of $2,830,000 (approximately $365 per rsf) which represents a 5.75% Capitalization Rate on NOI.
Suites
Unit: 2nd Floor
Size: 7,755 SF
Rate: $2.95 SF/Month
Lease Type: Full Service