Map of Property

1825 I Street

1825 I St, Sacramento, CA 95811

  • For Sale $1,980,000
  • Property Type Retail
  • Property Size 6,399 SF
  • Lot Size 0.15 Acre
  • Year Built 1950
  • Date Updated Apr 26, 2024
Turton Commercial Real Estate is pleased to present the opportunity to purchase 1825-1827 I Street, a triple net leased investment located in the heart of Midtown, Sacramento. The Property is currently occupied by two long-term tenants, each occupying half of the 3,600 SF retail building and parking lot. The Mill Coffee Roasters & Tea Studio has occupied the building since 2012 and recently extended its lease through December 2029. At Ease Brewing Company, a local microbrewery, has occupied the building since 2017 and has approximately 15 months remaining on its initial term. At Ease has two, five-year options to extend its lease and is likely to exercise the first option given its track record and financial investment into the building.
 
The average rent among both tenants is $2.35 triple net plus an average rent of $480 per month to lease the rear parking
lot for outdoor patio space. The current net operating income is $113,011.00 with both tenants paying their pro-rata share of operating expenses (including property tax increases) in addition to the base rent. The Property is being offered for $1,980,000 which equates to a 5.71% capitalization rate in the first year. Provided that At Ease exercises its first renewal option, the average annual return over the next 6 years is approximately 6.14%.

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Contacts

broker

Jon Lang Is this you?

Turton Commercial Real Estate

(916) 573-3302

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Boulevard Park
  • Zip Code 95811
  • Market Sacramento

Points of Interest

  • 12th & I

    0.52 miles

  • Alkali Flat/La Valentina

    0.62 miles

  • Cathedral Square

    0.64 miles

  • 16th Street

    0.75 miles

  • Archives Plaza

    0.79 miles

  • St. Rose of Lima Park

    0.79 miles

  • 23rd Street

    0.83 miles

  • 8th & H/County Center

    0.84 miles

  • 8th & K

    0.85 miles

  • 13th Street

    0.85 miles

  • Arco

    0.77 miles

  • Shell

    0.77 miles

  • Chevron

    0.89 miles

  • 76

    1.07 miles

  • SMUD

    1.08 miles

  • Arco

    1.14 miles

  • One Stop Gas

    1.26 miles

  • Stop and Shop

    1.28 miles

  • Chevron

    1.32 miles

  • Arco

    1.34 miles

  • Memorial Garage

    0.33 miles

  • East End Garage

    0.34 miles

  • ACE Parking

    0.47 miles

  • Lot D

    0.50 miles

  • Public Parking

    0.54 miles

  • City Hall Parking Garage

    0.64 miles

  • Capitol Garage

    0.69 miles

  • park

    0.80 miles

  • Saint Joseph's Jury Parking Lot

    0.81 miles

  • Sutter Hospital Lot A

    0.86 miles

  • Easy On i

    0.08 miles

  • Nationwide Freezer Meats

    0.09 miles

  • Noah's Bagels

    0.10 miles

  • Domino's

    0.10 miles

  • Kiki's Chicken Place

    0.10 miles

  • Sawasdee Thai Cuisine

    0.11 miles

  • Tropics Ale House Midtown

    0.14 miles

  • The Old Spaghetti Factory

    0.14 miles

  • Azul Mexican Food & Tequila Bar

    0.17 miles

  • The Porch Restaurant and Bar

    0.17 miles

  • Grocery Outlet

    0.39 miles

  • Safeway

    0.78 miles

  • Safeway

    1.00 miles

  • Market 5-ONE-5

    1.03 miles

  • Sacramento Natural Foods Co-op

    1.06 miles

  • Gold Star Mart

    1.09 miles

  • Downtown Commons

    1.11 miles

  • Macy's Downtown Plaza Sacramento

    1.12 miles

  • Asian Food Center

    1.36 miles

  • Target

    1.43 miles

Frequently Asked Questions

What is the lease rate for 1825 I Street?

Rental asking rate at 1825 I Street is $990,000.00/YR.

What is the total square footage of 1825 I Street?

1825 I Street totals 6,399 square feet.

When was this property built?

1825 I Street was built in 1950.

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Contact Listing Broker

broker

Jon Lang Is this you?

Turton Commercial Real Estate

(916) 573-3302