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8118 Timberlake Way

13,500 SF 100% Leased Office Building Sacramento, CA 95823 £2,382,582 (£176/SF) 5.66% Net Initial Yield

Executive Summary

Fully leased 2 tenant medical ofice building. Sutter Health is the anchor Tenant and has occupied the building since 1996; Timberlake Pediatrics has occupied the building since 1998. Well maintained building located in the South Sacramento Medical District near Methodist Hospital & Kaiser Permanente. Visibility from Hwy 99 with good freeway access via Mack Road & Consumnes River Blvd. Sale Price = $2,995,000 ; NOI = $169,588 ; Cap Rate = 5.7%

Attachments

8118 Timberlake Way FNL Flyer 12-12-24

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,500 SF
Building Class
C
Year Built
1980
Price
£2,382,582
Price Per SF
£176
Net Initial Yield
5.66%
NOI
£134,911
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,750 SF
Building FAR
0.30
Lot Size
1.03 AC
Zoning
OB R - OB-R-PUD/Medical Bldg./Clinic
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PROPERTY TAXES

Parcel Number 117-0181-005 Improvements Assessment £1,032,890
Land Assessment £550,208 Total Assessment £1,583,098

PROPERTY TAXES

Parcel Number
117-0181-005
Land Assessment
£550,208
Improvements Assessment
£1,032,890
Total Assessment
£1,583,098
(916) 201-9318

Contact

  • Listing ID: 34222069

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 8118 Timberlake Way, Sacramento, CA 95823

The Office Property at 8118 Timberlake Way, Sacramento, CA 95823 is currently available for sale. Contact TL Commercial for more information.

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© 2024 CoStar Group

8118 Timberlake Way
(916) 201-9318 x

8118 Timberlake Way

Tony Lewis

(916) 201-9318

(916) 201-9318

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