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Capital City Center

Off-Market

1600 Sacramento Inn Way, Sacramento, CA 95815

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  • Property Type Office - General Office
  • Property Size 54,548 SF
  • Lot Size 2.39 Acre
  • Parking Spaces Avail. 109
  • Parking Ratio 2.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1984

Location

  • City Sacramento, CA
  • Neighborhood Swanston Estates
  • Zip Code 95815
  • 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 Date 27 Dec, 2010
  • 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 (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
View more Sacramento market trends

Tax

  • Property Tax in 2021-2022 $31,222
  • Market Value* $2,722,299
  • Assessed Value $2,722,299

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Capital City Center?

Capital City Center totals 54,548 square feet.

When was this property built?

Capital City Center was built in 1984.

When was Capital City Center last sold?

Capital City Center was last sold on 27 Dec, 2010.

What is the property tax for Capital City Center?

The property tax for Capital City Center in 2021-2022 was $31,222.

What is the market value for Capital City Center?

The market value* for Capital City Center in 2021-2022 was $2,722,299.
*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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