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Woodside Office Building | 800 Howe Ave
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Woodside Office Building 800 Howe Ave
25,920 SF 100% Leased Office Building Sacramento, CA 95825 £3,356,370 (£129/SF) 7% Net Initial Yield
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EXECUTIVE SUMMARY
800 Howe Avenue is a 100% leased single-story, ±26,564 SF multi-tenant office building, located in the Campus Commons/Howe Avenue Office Sub-market. The building has maintained excellent occupancy for many years including since the 2020 pandemic. With a current Weighted Average Lease Term (WALT) of over 5 years, and a tenancy that has an average tenant tenure north of 15 years.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
25,920 SF
Building Class
B
Year Built
1977
Price
£3,356,370
Price Per SF
£129
Net Initial Yield
7%
NOI
£234,946
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
25,920 SF
Building FAR
0.22
Lot Size
2.66 AC
Zoning
BP, Sacramento Cnty - Business and Professional Office
Parking
118 Spaces (4.5 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
- Signage
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Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
Parcel Number | 294-0010-012 | Improvements Assessment | £1,407,829 |
Land Assessment | £989,147 | Total Assessment | £2,396,976 |
PROPERTY TAXES
Parcel Number
294-0010-012
Land Assessment
£989,147
Improvements Assessment
£1,407,829
Total Assessment
£2,396,976
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Woodside Office Building | 800 Howe Ave
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