425 University Avenue

Off-Market

425 University Avenue, Sacramento, CA 95825

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

  • Property Type Office - General Office
  • Property Size 38,000 SF
  • Lot Size 1.74 Acre
  • Parking Spaces Avail. 98
  • Parking Ratio 2.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1977

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 Date 20 Jul, 1995
  • 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.

  • 2022 Avg. Asking Rent $26.58
  • 2022 Office Vacancy Rate 17.65%
  • 2022 Office Completions (SF) 511,350

Sacramento Office Sales Trends

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

  • 2022 Avg. Price per SF $167.08
  • Y-o-Y Avg. PpSF Change 6.19%
  • 2022 Office Sales Volume $208.2M
  • 2022 Number of Transactions 16
View more Sacramento market trends

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Transit Score ®

    37/100 Some Transit
  • Bike Score ®

    85/100 Very Bikeable
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Campus
  • Zip Code 95825
  • Market Sacramento

Points of Interest

  • University/65th Street

    1.31 miles

  • 59th Street

    1.43 miles

  • Power Inn

    1.66 miles

  • 48th Street

    1.87 miles

  • College Greens

    2.06 miles

  • 39th Street

    2.23 miles

  • Watt/Manlove

    2.65 miles

  • Swanston

    2.86 miles

  • 29th Street

    2.90 miles

  • Royal Oaks

    2.98 miles

  • 76

    0.31 miles

  • eVgo

    0.32 miles

  • Shell

    0.43 miles

  • Chevron

    1.08 miles

  • CJ Gas

    1.19 miles

  • Valero

    1.29 miles

  • Chevron

    1.40 miles

  • 76

    1.57 miles

  • Arco

    1.61 miles

  • Chevron

    1.78 miles

  • Lot 2 faculty/staff

    0.51 miles

  • Lot 1C Faculty/Staff

    0.67 miles

  • Parking Structure 5

    0.71 miles

  • Lot 1D Faculty/Staff

    0.75 miles

  • Parking Structure II

    0.76 miles

  • Faculty/Staff Parking Lot 7

    0.82 miles

  • Lot 5

    0.82 miles

  • Faculty/Staff Lot 6

    0.83 miles

  • Parking Structure 1

    0.87 miles

  • Parking Structure III

    0.91 miles

  • Larkspur Landing Sacramento

    0.42 miles

  • Motel 6

    1.14 miles

  • Hampton Inn & Suites Sacramento at CSUS

    1.35 miles

  • Rodeway Inn Sacramento-University Area

    1.36 miles

  • Comfort Inn & Suites Sacramento - University Area

    1.41 miles

  • Lexington Inn & Suites- Sacramento Cal Expo

    1.46 miles

  • Residence Inn Sacramento Cal Expo

    1.66 miles

  • DoubleTree by Hilton Sacramento

    2.29 miles

  • Courtyard Sacramento Midtown

    2.33 miles

  • TownePlace Suites by Marriott Sacramento Cal Expo

    2.40 miles

  • Zocalo

    0.31 miles

  • McDonald's

    0.51 miles

  • Subway

    0.73 miles

  • Burger King

    0.74 miles

  • Saigon Bay Express

    0.78 miles

  • Panera Bread

    0.83 miles

  • CocoNut

    0.83 miles

  • Evan's Kitchen

    0.84 miles

  • Mamma Susanna's

    0.84 miles

  • Blue House Korean BBQ

    1.00 miles

  • California State University - Sacramento

    0.70 miles

  • Caleb Greenwood School

    0.82 miles

  • Sacramento Country Day School

    0.95 miles

  • Saint Francis Catholic High School

    1.00 miles

  • Sacramento Country Day High School

    1.01 miles

  • Saint Mary School

    1.14 miles

  • Phoebe A Hearst Elementary School

    1.18 miles

  • Sierra Oaks Elementary School

    1.28 miles

  • Kit Carson Middle School

    1.33 miles

  • Greer Elementary School

    1.43 miles

  • Playhouse Preschool

    1.68 miles

  • Glory Children's Learning Center, Inc.

    1.97 miles

  • Thomas A Edison Elementary School

    2.23 miles

  • Federal Building Day Care

    2.51 miles

  • Common Grounds Preschool and Daycare

    3.17 miles

  • ARC Childcare

    6.79 miles

  • Didion 4th R

    8.29 miles

  • Camellia Waldorf School

    9.13 miles

  • Little Blossom Montessori School

    9.17 miles

  • Prestige Preschool Academy

    9.30 miles

Frequently Asked Questions

What is the total square footage of 425 University Avenue?

425 University Avenue totals 38,000 square feet.

When was 425 University Avenue last sold?

425 University Avenue was last sold on 20 Jul, 1995.

What is the property tax for 425 University Avenue?

The property tax for 425 University Avenue in 2023-2024 was $53,545.

What is the market value for 425 University Avenue?

The market value* for 425 University Avenue in 2023-2024 was $4,490,532.
*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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