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Southport Business Park - Building 3

Off-Market

3620 Ramos Drive, West Sacramento, CA 95691

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 182,226 SF
  • Lot Size 35.96 Acre
  • Parking Spaces Avail. 307
  • Parking Ratio 1.69/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2021

Location

  • City West Sacramento, CA
  • Neighborhood Northwest Village
  • 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 Dec, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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
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 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)
View more West Sacramento market trends

Tax

  • Property Tax in 2021-2022 $97,543
  • Market Value* $8,558,667
  • Assessed Value $8,558,667

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

*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 Southport Business Park - Building 3?

Southport Business Park - Building 3 totals 182,226 square feet.

When was this property built?

Southport Business Park - Building 3 was built in 2021.

When was Southport Business Park - Building 3 last sold?

Southport Business Park - Building 3 was last sold on 02 Dec, 2021.

What is the property tax for Southport Business Park - Building 3?

The property tax for Southport Business Park - Building 3 in 2021-2022 was $97,543.

What is the market value for Southport Business Park - Building 3?

The market value* for Southport Business Park - Building 3 in 2021-2022 was $8,558,667.
*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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