1020 K Street

1000 K is also available for purchase as part of this investment sale.

Turton Commercial Real Estate and Marcus & Millichap are pleased to present the opportunity to purchase 1020 K Street, located in the epicenter of Downtown Sacramento’s K Street Entertainment District and nestled in the heart of the Governmental Affairs District.

1020 K Street, located in a Federal Opportunity Zone is an architecturally unique, ± 12,950 SF two (2) story building, leased to two (2) of Downtown Sacramento’s most popular and successful entertainment tenants, Dive Bar and District 30. There is one (1) vacancy available for an owner/user or investor, the former Pizza Rock space with totals ± 5,600 SF of ground floor space and ± 5,000 SF of lower level space. The Property is being offered at $5,500,000, based on a proforma 7.12% cap rate on a proforma 2022-2023 net operating income of $391,570.50.