87 Scripps Drive
Sacramento, CA 95825
- Offering Price
- Net Rentable Area
- Price Per SF
- Cap Rate - Year 1
- Cap Rate - Year 2
Marcus & Millichap is pleased to offer for sale this attractive three-story, elevator-served medical office building located at 87 Scripps Drive in Sacramento, California. 87 Scripps Drive was constructed in 1976. Comprised of 30,900 square feet, property is leased to 18 different tenants with flexible lease expirations.
The subject property is located with convenient access to Highway 50, one of Sacramento’s major throughways. With a prime location, 79% occupancy and attractive upside, the subject property offers investors stable income and makes this an attractive California real estate investment.
- 30,900-Square-Foot, Multi-Tenant, Medical Office Building
- Value Add Opportunity – 79% Occupied with 29% Month-To-Month
- Average Effective Rent of $2.00 / SF in a Market that is $2.40 / SF
- 5% Market Vacancy
- Desirable California Location
Net Rentable Area
Price Per SF
Cap Rate - Year 1
Cap Rate - Year 2
- Item Requires Shipping
- Marcus & Millichap is pleased to offer for sale this attractive three-story, elevator-served medical office building located at 87 Scripps Drive in Sacramento, California.
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