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350 University Avenue

Off-Market

350 University Avenue, Sacramento, CA 95825

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  • Property Type Office - General Office
  • Property Size 45,344 Sqft
  • Lot Size 2.53 Acre
  • Parking Spaces Avail. 185
  • Parking Ratio 4.10/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1974

Location

  • City Sacramento, CA
  • Neighborhood Campus
  • Zip Code 95825
  • Market Sacramento

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 13 Jan, 1994
  • 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.

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

Sacramento Office Sales Trends

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

  • 2020 Avg. Price per Sqft $184.86
  • Y-o-Y Avg. PpSF Change -22.15%
  • 2020 Office Sales Volume $421.4M
  • 2020 Number of Transactions 23
View more Sacramento market trends

Tax

  • Property Tax in 2021-2022 $83,944
  • Market Value $6,917,019
  • Assessed Value $6,917,019

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 350 University Avenue?

350 University Avenue totals 45,344 square feet.

When was this property built?

350 University Avenue was built in 1974.

When was 350 University Avenue last sold?

350 University Avenue was last sold on 13 Jan, 1994.

What is the property tax for 350 University Avenue?

The property tax for 350 University Avenue in 2021-2022 was $83,944.

What is the market value for 350 University Avenue?

The market value for 350 University Avenue in 2021-2022 was $6,917,019.

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