Lease or Sale: Lease
Leasable SF: 795 SF
Lease Rate: $4.50 / SF / Month
Turton Commercial is pleased to offer for lease a highly-desirable and rare corner retail location at Q19, Sacramento’s most progressive mixed-use residential project.
Located beneath 68 high-end luxury residential units, the retail vacancy is one of, if not the most, high profile retail opportunities in the entire urban core. Situated on the corner of 19th and Q Streets, both one-way streets, the corner location benefits from visibility from over 15,000 cars per day. As with cars traveling on both streets, the building is located on the “driver’s side” of the street thus creating maximum exposure.
The area is also heavily trafficked by pedestrians. The main pedestrian draw is the Truitt “Bark Park”, located caddy-corner to the building, which has established itself as the go-to social epicenter in midtown. Furthermore, the building is situated one block from a Safeway-anchored shopping center and the Ice Blocks, a 200,000-square foot live-work-play project.
Additionally, the retail users at Q19 will benefit greatly from the massive influx of residential units within a three blocks radius of the property. To date, nearly 400 high-end residential units have been completed in the last three years. The notable projects include 20 PQR (36 townhomes) Powerhouse 16 (68 units), Eviva (118 units), and the Ice House (142 units).
The evolution of this area of midtown will be expedited by the completion of over 500 new units in the coming two years, including the Press Building (280 units to be completed in Q1 2020), 15Q (73 units to be completed in Q4 2019), and 17S (160 units to be completed in Q1 2021).
Measuring just under 800 rentable square feet, the space will be delivered to a tenant in “warm shell” condition, including sheet rocked walls, electrical and HVAC stubbed to the interior walls, and a finished ADA-compliant, single occupancy restroom. The vacancy also boasts two “roll up” garage doors on the corner of 19th and Q Streets.
Unit: 1907 Q
Size: 795 SF
Rate: $4.50 SF/Month
Lease Type: NNN
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Use: Retail / Office / Restaurant
Lease or Sales: Lease
Leasable SF: 1,035 - 7,143 SF
Lease Rate: $1.50 - 3.25 SF/Month
Lot Size: 2.56 acres
Lease or Sales: Lease & Sale
Sale Price: $17,000,000