818 K Street
Downtown

818 K Street
Region: Downtown
Use: Retail / Office
Lease or Sale: Lease & Sale
Building Size: ±59,291 SF
Sale Price: $8,000,000
Leasable SF: 9,600 - 58,000 SF
Lease Rate: Negotiable
Turton Commercial Real Estate is pleased to present the opportunity to acquire the 100% fee simple interest in the building located at 818 K Street (the “Subject Property”).
The Subject Property represents one of the most high-profile redevelopment, investment, or owner-user opportunities in the Downtown grid, touted as one of the most robust urban redevelopment markets in the country. The Property is also located in a highly desirable Opportunity Zone. As such, the redevelopment opportunity represents one of the rarest and most sought-after investment opportunities in California and the United States.
The 59,921 SF building is comprised of five floors of approximately 9,200 SF each. Beneath this is a larger, finished subterranean floor with generous 12-foot ceilings. The building features two operable elevators; one of which being the primary elevator with original KRESS shopping center finishes, floor and one services elevator located in the rear portion of the building.
The Subject Property is ideally positioned in the heart of the K Street Entertainment Zone just one block from the pedestrian entrance to the Golden 1 Center, three blocks from the front lawn of the State Capitol, and five blocks to the Convention Center.
Suites
Unit: Min Divisible
Size: 9,600 SF
Rate: Negotiable
Lease Type: Full Service
Unit: Max Contig
Size: 58,000 SF
Rate: Negotiable
Lease Type: Full Service