The Cannery

Off-Market

1651 Alhambra Blvd, Sacramento, CA 95816

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 275,363 SF
  • Lot Size 8.76 Acre
  • Parking Spaces Avail. 743
  • Parking Ratio 2.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

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 Date 17 Jul, 2006
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    85/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood East Sacramento
  • Zip Code 95816
  • Market Sacramento

Points of Interest

  • 29th Street

    0.22 miles

  • 39th Street

    0.58 miles

  • 23rd Street

    0.67 miles

  • 48th Street

    1.05 miles

  • Broadway

    1.17 miles

  • 16th Street

    1.28 miles

  • 4th Avenue/Wayne Hultgren

    1.44 miles

  • 13th Street

    1.51 miles

  • Archives Plaza

    1.65 miles

  • 12th & I

    1.71 miles

  • 76

    0.17 miles

  • Stop and Shop

    0.25 miles

  • SMUD

    0.28 miles

  • Chevron

    0.55 miles

  • Arco

    0.63 miles

  • Valero

    0.67 miles

  • Shell

    0.81 miles

  • 76

    0.91 miles

  • Arco

    1.05 miles

  • Chevron

    1.21 miles

  • Sacramento Natural Foods Co-op Parking

    0.33 miles

  • Sutter Hospital Lot B

    0.44 miles

  • Sutter Hospital Lot A

    0.51 miles

  • Lot 1

    0.75 miles

  • Parking Structure 1

    0.79 miles

  • park

    0.83 miles

  • Parking D

    0.99 miles

  • Parking E

    1.05 miles

  • Lot 4

    1.08 miles

  • Lot 14

    1.21 miles

  • Motel 6 Sacramento Downtown

    0.27 miles

  • Red Lion Inn & Suites Sacramento

    0.33 miles

  • The Fort Sutter Hotel Sacramento

    0.47 miles

  • Amber House Inn of Midtown

    0.83 miles

  • Vizcaya Sacramento

    0.89 miles

  • Hotel Med Park, Ascend Hotel Collection

    0.89 miles

  • Courtyard Sacramento Midtown

    1.09 miles

  • De Ville Motel

    1.16 miles

  • Inn Off Capitol Park, Ascend Hotel Collection

    1.28 miles

  • Residence Inn by Marriott Sacramento Downtown at Capitol Park

    1.37 miles

  • Tako Korean BBQ

    0.26 miles

  • Pushkin's Bakery

    0.29 miles

  • IHOP

    0.32 miles

  • A&W

    0.34 miles

  • KFC

    0.34 miles

  • Subway

    0.39 miles

  • Jamba Juice

    0.44 miles

  • Biba

    0.47 miles

  • La Fiesta Taqueria

    0.49 miles

  • McDonald's

    0.50 miles

  • David Lubin Elementary School

    0.53 miles

  • Sacramento High School

    0.56 miles

  • Merryhill School Midtown

    0.59 miles

  • Capitol Heights Academy

    0.66 miles

  • Sutter Middle School

    0.67 miles

  • Saint Francis of Assisi Elementary School

    0.68 miles

  • Sacred Heart Parish School

    0.86 miles

  • New Dimension Learning Academy

    0.94 miles

  • UC Davis School of Medicine

    1.10 miles

  • McGeorge School of Law

    1.10 miles

  • Common Grounds Preschool and Daycare

    0.79 miles

  • Playhouse Preschool

    1.61 miles

  • Glory Children's Learning Center, Inc.

    4.20 miles

  • Federal Building Day Care

    4.57 miles

  • Thomas A Edison Elementary School

    4.67 miles

  • Didion 4th R

    5.89 miles

  • Camellia Waldorf School

    6.97 miles

  • ARC Childcare

    8.86 miles

  • Prestige Preschool Academy

    9.48 miles

  • KinderCare

    9.63 miles

Frequently Asked Questions

What is the total square footage of The Cannery?

The Cannery totals 275,363 square feet.

When was this property built?

The Cannery was built in 1980.

When was The Cannery last sold?

The Cannery was last sold on 17 Jul, 2006.

What is the property tax for The Cannery?

The property tax for The Cannery in 2022-2023 was $502,812.

What is the market value for The Cannery?

The market value* for The Cannery in 2022-2023 was $43,700,009.
*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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