1120 N Street, Sacramento, CA

Property Type Office - Government Office
Property Size 451,108 SF
Lot Size 2.2 Acre
Property Tenancy Owner Occupied
LEED Certified Silver
Building Class B
Year Built 1937

Location

Map
Street

City Sacramento, CA
Neighborhood Downtown Sacramento
Zip Code 95814
Market Sacramento

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Sacramento

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Sacramento Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $23.82
2020 Office Vacancy Rate 12.39%
2020 Office Completions (SF) 598,300

Sacramento Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $184.86
Y-o-Y Avg. PpSF Change -22.15%
2020 Office Sales Volume $421.4M
2020 Number of Transactions 23

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Tax

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Frequently Asked Questions

What is the total square footage of 1120 N Street?

1120 N Street totals 451,108 square feet.

When was this property built?

1120 N Street was built in 1937.

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1120 N Street, Sacramento, CA 95814 - Office Space

1120 N Street is located at 1120 N Street in the Downtown Sacramento neighborhood, CA, Sacramento, 95814. The Class B Office building was completed in 1937 and features a total of 451,108 SF.

There are 210 office spaces for lease in the Downtown Sacramento neighborhood, totaling 1,271,259 SF of available office space. The office space availability for the 95814 zip code is 1,400,170 SF, in 226 office spaces. The average asking office rent per SF in Downtown Sacramento is $39.94/SF/YR. For Class A office buildings the average office rate is $55.88/SF/YR, for Class B office buildings the average office rate is $33.64/SF/YR, for Class C office buildings the average office rate is $33/SF/YR.

In Downtown Sacramento, there are 51 class B office buildings. In Downtown Sacramento, there are a total of 27 LEED certified office buildings. At zip code level, there are 77 commercial properties, of which 71 are office buildings over 50,000 square feet.

1120 N Street