CA Office of Emergency Services headquarters 630 Sequoia Pacific Blvd

CBRE is pleased to present the unique opportunity to purchase 630 Sequoia Pacific Boulevard within the city of Sacramento. The Property was originally a build-to-suit for the State of California and has been professionally owned and managed since its original construction in 1990. Recent improvements include new flooring, updated and redesigned rest rooms, exterior paint and parking lot sealing and striping.
The Subject is part of a four-building campus fully-occupied by the headquarters of the State of California Governor’s Office of Emergency Services (Cal OES). The Tenant recently extended the lease with a new term that commenced June 1, 2024, and is now approaching its 35th year of occupancy. Ongoing exterior and interior refurbishments have kept the property in first-class condition and aesthetically and functionally relevant.
With no new competitive speculative construction occurring within the submarket and an acquisition price that is significantly below replacement cost, this offering provides an investor the opportunity to achieve a stable, appreciating cash-on-cash return with a very real potential for upside via long-term, valuable lease extensions for a Tenant which will be in this location indefinitely.
The Subject’s location is preferred by public safety agencies, three of whom—the Sacramento County Sheriff’s Department, the California Highway Patrol and the Sacramento Police Department—are headquartered nearby, and offers a compelling geography proximate to all area freeways, Sacramento International Airport and Sacramento’s Central Business District.