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715 P Street

Off-Market

715 P Street, Sacramento, CA 95814

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  • Property Type Office - Government Office
  • Property Size 838,000 SF
  • Lot Size 1.21 Acre
  • Property Tenancy Owner Occupied
  • LEED Certified Platinum
  • Building Class A
  • Year Built 2021

Location

  • Walk Score ® Walker's Paradise (92)
  • Transit Score ® Good Transit (65)
  • Bike Score ® Biker's Paradise (98)
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Downtown Sacramento
  • Zip Code 95814
  • Market Sacramento

Points of Interest

8th & O

0.07 miles

8th & Capitol

0.20 miles

7th & Capitol

0.24 miles

Archives Plaza

0.27 miles

St. Rose of Lima Park

0.39 miles

8th & K

0.42 miles

13th Street

0.42 miles

Cathedral Square

0.46 miles

7th & I/County Center

0.56 miles

8th & H/County Center

0.61 miles

eVgo

0.56 miles

Valero

0.80 miles

Arco

0.87 miles

One Stop Gas

0.96 miles

Chevron

1.15 miles

Shell

1.26 miles

Iwatani

1.28 miles

Arco

1.30 miles

Chevron

1.32 miles

Arco

1.34 miles

Capitol Garage

0.39 miles

Plaza Shopping Garage

0.46 miles

Tower Bridge Garage

0.54 miles

City Hall Parking Garage

0.57 miles

Old Sacramento Garage

0.63 miles

ACE Parking

0.64 miles

County Public Parking

0.67 miles

Lot D

0.67 miles

Saint Joseph's Jury Parking Lot

0.74 miles

East End Garage

0.75 miles

Kimpton Sawyer Hotel

0.45 miles

The Citizen Hotel, Autograph Collection

0.47 miles

Holiday Inn Sacramento-Capitol Plaza

0.51 miles

Hyatt Regency Sacramento

0.51 miles

The Exchange Hotel, Curio Collection by Hilton

0.52 miles

Embassy Suites by Hilton Sacramento - Riverfront Promenade

0.52 miles

Sheraton Grand Sacramento Hotel

0.58 miles

Vagabond Inn Executive Old Town

0.60 miles

Inn Off Capitol Park, Ascend Hotel Collection

0.65 miles

HI Sacramento

0.66 miles

Morton's The Steakhouse

0.25 miles

Frank Fat's

0.28 miles

House Kitchen & Bar

0.29 miles

Il Fornaio

0.32 miles

Plant Power Fast Food

0.34 miles

Tiger Bar + Restaurant

0.37 miles

Vallejo's Mexican Restaurant

0.39 miles

Shoki Ramen House

0.39 miles

O Ponto Brazillian Steakhouse

0.41 miles

El Santo Cantina

0.42 miles

Drexel University Sacramento

0.52 miles

Met Sacramento High School

0.53 miles

William Land Elementary School

0.54 miles

Saint John Christian Academy

0.56 miles

William Land Elementary School

0.57 miles

State Capital Center

0.97 miles

Arthur A. Benjamin Health Professions High School

1.07 miles

Leataata Floyd Elementary School

1.08 miles

Washington Elementary School

1.13 miles

Sacramento City College:West Sacramento Center

1.36 miles

Common Grounds Preschool and Daycare

1.26 miles

Playhouse Preschool

3.51 miles

Didion 4th R

5.30 miles

Glory Children's Learning Center, Inc.

5.56 miles

Federal Building Day Care

5.80 miles

Thomas A Edison Elementary School

6.12 miles

Camellia Waldorf School

6.68 miles

ARC Childcare

9.82 miles

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 (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

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

Frequently Asked Questions

What is the total square footage of 715 P Street?

715 P Street totals 838,000 square feet.

When was this property built?

715 P Street was built in 2021.

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