DMV Headquarters

Off-Market

2415 1st Avenue, Sacramento, CA 95818

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

  • Property Type Office - Government Office
  • Property Size 518,364 SF
  • Lot Size 13.11 Acre
  • Parking Spaces Avail. 881
  • Parking Ratio 1.70 / 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified Silver
  • Building Class A
  • Year Built 1960

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 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 ®

    87/100 Very Walkable
  • Transit Score ®

    53/100 Good Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Curtis Park
  • Zip Code 95818
  • Market Sacramento

Points of Interest

  • Broadway

    0.38 miles

  • 4th Avenue/Wayne Hultgren

    0.52 miles

  • 23rd Street

    0.67 miles

  • 29th Street

    0.76 miles

  • 16th Street

    0.98 miles

  • City College

    1.08 miles

  • 13th Street

    1.15 miles

  • 39th Street

    1.34 miles

  • Archives Plaza

    1.37 miles

  • 8th & O

    1.55 miles

  • 76

    0.10 miles

  • Arco

    0.25 miles

  • Chevron

    0.44 miles

  • Valero

    0.52 miles

  • One Stop Gas

    0.65 miles

  • Arco

    0.69 miles

  • SMUD

    0.73 miles

  • 76

    0.96 miles

  • Valero

    0.98 miles

  • Shell

    1.18 miles

  • Sacramento Natural Foods Co-op Parking

    0.67 miles

  • park

    0.67 miles

  • Parking D

    0.75 miles

  • Parking E

    0.81 miles

  • North Lot: Student & Visitor Parking

    0.93 miles

  • Student & Visitor Parking

    1.05 miles

  • Sutter Hospital Lot B

    1.17 miles

  • Sutter Hospital Lot A

    1.25 miles

  • East End Garage

    1.26 miles

  • B Lot: Staff Parking

    1.26 miles

  • Vizcaya Sacramento

    0.49 miles

  • Amber House Inn of Midtown

    1.04 miles

  • Motel 6 Sacramento Downtown

    1.06 miles

  • The Fort Sutter Hotel Sacramento

    1.07 miles

  • Red Lion Inn & Suites Sacramento

    1.10 miles

  • Inn Off Capitol Park, Ascend Hotel Collection

    1.16 miles

  • Hotel Med Park, Ascend Hotel Collection

    1.34 miles

  • Residence Inn by Marriott Sacramento Downtown at Capitol Park

    1.36 miles

  • Hyatt Regency Sacramento

    1.49 miles

  • De Ville Motel

    1.49 miles

  • Taco Bell

    0.11 miles

  • Wienerschnitzel

    0.13 miles

  • Los Jarritos

    0.13 miles

  • McDonald's

    0.13 miles

  • New Canton Restaurant

    0.15 miles

  • Dantorelle's

    0.18 miles

  • Green Burrito

    0.19 miles

  • Carl's Jr.

    0.19 miles

  • Giant Pizza

    0.21 miles

  • Dim Sum House

    0.22 miles

  • Sacramento Valley School

    0.27 miles

  • Merryhill School Midtown

    0.35 miles

  • Capitol Heights Academy

    0.64 miles

  • C K McClatchy High School

    0.77 miles

  • McGeorge School of Law

    0.78 miles

  • New Dimension Learning Academy

    0.84 miles

  • California Middle School

    0.87 miles

  • Sacramento High School

    0.89 miles

  • Bret Harte Elementary School

    0.94 miles

  • William Land Elementary School

    1.07 miles

  • Common Grounds Preschool and Daycare

    1.12 miles

  • Playhouse Preschool

    2.24 miles

  • Didion 4th R

    4.96 miles

  • Glory Children's Learning Center, Inc.

    5.13 miles

  • Federal Building Day Care

    5.50 miles

  • Thomas A Edison Elementary School

    5.60 miles

  • Camellia Waldorf School

    6.10 miles

  • KinderCare

    9.17 miles

  • Prestige Preschool Academy

    9.34 miles

  • ARC Childcare

    9.78 miles

Frequently Asked Questions

What is the total square footage of DMV Headquarters?

DMV Headquarters totals 518,364 square feet.

When was this property built?

DMV Headquarters was built in 1960.

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