1725 23rd Street

Midtown

1725 23rd Street

Region: Midtown
Use: Office
Lease or Sale: Lease & Sale
Building Size: ±38,400 SF
Sale Price: $9,500,000
Leasable SF: 11,100 - 23,659 SF
Lease Rate: $2.35 / SF / Month

1725 23rd Street is one of Downtown Sacramento’s most distinct and prominent office opportunities for lease along the R Street corridor. The two story, 38,400 SF building boasts timeless architecture, with modern infrastructure and amenities, and stands as the only lease opportunity of its size along R Street. The Property is the ideal canvas for a creative office user, drawing inspiration from the large windows, tall ceilings, and timeless brick exterior to deliver some of the most professional space on the grid, with the added benefit of 59 parking stalls available to this suite, with 18 of them secured.

1725 23rd Street is also for sale. The Property is a truly unique opportunity to acquire a rare midtown owner/user office investment building, well below replacement cost, in a premier location. It is being offered at a price of $9,500,000, or $247 per square foot, with more than $310,000 in gross rental income from the existing tenant scheduled in 2022.

Suites

Unit: Suite 200
Size: 12,559 SF
Rate: $2.35 SF/Month
Lease Type: Full Service

Unit: Suite 100
Size: 11,100 SF
Rate: $2.35 SF/Month
Lease Type: Full Service

Unit: Suite 100 + 200
Size: 23,659 SF
Rate: $2.35 SF/Month
Lease Type: Full Service

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