1701 National Drive

Off-Market

1701 National Drive, Sacramento, CA 95834

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 209,993 SF
  • Lot Size 9.14 Acre
  • Parking Spaces Avail. 199
  • Parking Ratio 0.95 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2004

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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Brokers

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Documents

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Sales

  • Purchase Date 08 Dec, 2021
  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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.

  • 2021 Avg. Asking Rent $25.01
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 1,293,000

Sacramento Office Sales Trends

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

  • 2021 Avg. Price per SF $157.34
  • Y-o-Y Avg. PpSF Change -16.78%
  • 2021 Office Sales Volume $289.1M
  • 2021 Number of Transactions 23
View more Sacramento market trends

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood South Natomas
  • Zip Code 95834
  • Market Sacramento

Points of Interest

  • 7th & Richards/Township 9

    3.33 miles

  • Globe

    3.44 miles

  • Arden/Del Paso

    3.56 miles

  • Royal Oaks

    3.91 miles

  • Alkali Flat/La Valentina

    4.12 miles

  • Sacramento Valley Station

    4.14 miles

  • Sacramento Valley Station

    4.16 miles

  • Swanston

    4.18 miles

  • Central Pacific Freight Depot

    4.24 miles

  • 8th & H/County Center

    4.25 miles

  • Electrify America

    0.33 miles

  • Chevron

    0.42 miles

  • Tesla Supercharger

    0.51 miles

  • Shell

    0.52 miles

  • Shell

    0.95 miles

  • planned chevron

    1.04 miles

  • Chevron

    1.39 miles

  • 7-Eleven

    1.39 miles

  • Arco

    1.42 miles

  • Safeway Fuel Station

    1.49 miles

  • Heron Elementary School Parking Lot

    1.73 miles

  • "shorepower" truck parking (reserved)

    2.61 miles

  • controlled/pay truck parking

    2.63 miles

  • Reserved call ahead parking area

    2.70 miles

  • Elkhorn Blvd Park And Ride

    3.67 miles

  • City Lot 297

    4.07 miles

  • Saint Joseph's Jury Parking Lot

    4.15 miles

  • County Public Parking

    4.18 miles

  • Ziggurat Parking

    4.20 miles

  • Old Sacramento Garage

    4.20 miles

  • Tokyo Steak House

    0.22 miles

  • Casa Ramos Mexican Restaurant

    0.28 miles

  • BJ's

    0.30 miles

  • Panera Bread

    0.30 miles

  • Panda Express

    0.30 miles

  • Daikon Korean BBQ

    0.36 miles

  • Buffalo Wild Wings

    0.37 miles

  • McDonald's

    0.42 miles

  • Chili's

    0.43 miles

  • Chipotle

    0.44 miles

  • Target

    0.26 miles

  • TJ Maxx

    0.30 miles

  • Burlington

    0.46 miles

  • Indian Grocery Outlet

    0.54 miles

  • Ross

    0.55 miles

  • Natraj Indian Foods

    0.63 miles

  • Walmart

    0.65 miles

  • Raley's

    1.02 miles

  • Kohl's

    1.05 miles

  • That’s Cheap!

    1.19 miles

  • Sacramento Fire Station Number 18

    1.17 miles

  • Rite Aid

    1.50 miles

  • Well-Care Pharmacy

    1.58 miles

  • CVS Pharmacy

    1.81 miles

  • Sacramento City Fire Station 30

    1.86 miles

  • Sacramento Fire Station Number 15

    2.01 miles

  • Fire Station 43

    2.12 miles

  • CVS Pharmacy

    2.14 miles

  • Sacramento Fire Station #15

    2.22 miles

  • Walgreens

    2.34 miles

Frequently Asked Questions

What is the total square footage of 1701 National Drive?

1701 National Drive totals 209,993 square feet.

When was this property built?

1701 National Drive was built in 2004.

When was 1701 National Drive last sold?

1701 National Drive was last sold on 08 Dec, 2021.

What is the property tax for 1701 National Drive?

The property tax for 1701 National Drive in 2022-2023 was $433,685.

What is the market value for 1701 National Drive?

The market value* for 1701 National Drive in 2022-2023 was $36,900,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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