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Kaiser Permanente Point West Medical Offices

Off-Market

1650 Response Road, Sacramento, CA 95815

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  • Property Type Office - Medical Office
  • Property Size 226,731 Sqft
  • Lot Size 15.73 Acre
  • Parking Spaces Avail. 770
  • Parking Ratio 3.40/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1997

Location

  • City Sacramento, CA
  • Neighborhood Point West
  • 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 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 $849,176
  • Market Value $76,043,407
  • Assessed Value $76,043,407

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

Frequently Asked Questions

What is the total square footage of Kaiser Permanente Point West Medical Offices?

Kaiser Permanente Point West Medical Offices totals 226,731 square feet.

When was this property built?

Kaiser Permanente Point West Medical Offices was built in 1997.

What is the property tax for Kaiser Permanente Point West Medical Offices?

The property tax for Kaiser Permanente Point West Medical Offices in 2021-2022 was $849,176.

What is the market value for Kaiser Permanente Point West Medical Offices?

The market value for Kaiser Permanente Point West Medical Offices in 2021-2022 was $76,043,407.

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