Alhambra & L
1218 Alhambra Blvd
East Sacramento
Alhambra & L Land Lease
Region: East Sacramento
Use: Land
Lot Size: .77 acres
Lease or Sale: Lease
Leasable SF: 33,689 SF
Lease Rate: $0.50 / SF / Month
Turton Commercial Real Estate, as exclusive advisor, is pleased to present the opportunity to lease The Alhambra Block, four parcels totaling ± 33,689 SF located adjacent to the Capital City Freeway along East Sacramento’s busiest thoroughfares. The Property is being offered at a lease rate of $.50 per SF per month representing a developer cost of 4.5% on estimated land value of $100/SF. This developer cost is approximately 50% of current land/construction lending rates.
Within blocks of all four major hospitals, the Alhambra Block provides an idea location for multiple development applications including medical, hospitality, multi-family and senior housing.
Suites
Unit: Land Lease
Size: 33,689 SF
Rate: $.50 SF/Month
Lease Type: NNN