Enterprise Business Park I

Property Type Industrial - Flex - Industrial
Property Size 198,000 SF
Lot Size 9.92 Acre
Parking Spaces Avail. 128
Parking Ratio 0.65/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1977

Location

Map
Street

City West Sacramento, CA
Neighborhood Enterprise
Zip Code 95691
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 02 Oct, 1996
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 West 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

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in West Sacramento Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $22.53
2020 Office Vacancy Rate 5.84%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $90,551
Market Value* $7,945,183
Assessed Value $7,945,183

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*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 Enterprise Business Park I?

Enterprise Business Park I totals 198,000 square feet.

When was this property built?

Enterprise Business Park I was built in 1977.

When was Enterprise Business Park I last sold?

Enterprise Business Park I was last sold on 02 Oct, 1996.

What is the property tax for Enterprise Business Park I?

The property tax for Enterprise Business Park I in 2021-2022 was $90,551.

What is the market value for Enterprise Business Park I?

The market value* for Enterprise Business Park I in 2021-2022 was $7,945,183.
*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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