Listed by Turton Commercial Real Estate
$2,600,000
109 Scripps Drive
Details
APN 295-0370-013
Property Type Office
Sub Type Executive Office, Creative Office
Square Footage 8,958
Net Rentable (SqFt) 3,300
Cap Rate 6.75%
NOI $178,416
Lease Type Modified
Price per SqFt $290
Year Built 1973
Acreage 32234.000
Zoning OB-PUD
Parking Spaces 40 spaces
Parking Per SqFt 4.47
Investment Type Owner/User
Office | 6.75% CAP | 8,958 SqFt
Marketing description
109 Scripps Drive represents one of the only truly creative office environments in Campus Commons. The office space is thoughtfully designed, architecturally distinct, and surrounded by an amenity base that punches far above a typical suburban location.
With approximately 3,300 square feet available, the offering provides a rare opportunity for an owner/user or tenant to establish a presence in a building where the majority of the space is al-ready leased, creating both immediate credibility and built-in income.
The balance of the building (approximately 5,658 square feet) is leased to Sequel Insurance through November 30, 2032, cur-rently generating approximately $158,000 in gross annual revenue. This provides a meaningful income offset for an owner/user while maintaining flexibility for a tenant to step into the available space.
What makes this opportunity stand out isn't just the space, it's the scarcity of product like it. In a market dominated by traditional office, authentic creative space with volume, natural light, and character is incredibly limited. This is the type of environment companies are actively seeking to recruit talent, foster
culture, and elevate their brand.
Positioned immediately adjacent to Rio Del Oro Sports Club and surrounded by some of Sacramento's most established retail and dining destinations-includ-ing The UV, Pavilions, and Loehmann's Plaza the location delivers a true live-work-play dynamic without sacrificing convenience or accessibility.
For an owner/user, it's an opportunity to control your environment while bene-fiting from stable in-place income.
For a tenant, it's a chance to step into a space that simply doesn't exist else-where in this submarket.
Investment highlights
- 40+ restaurants/retailers nearby
Listing Contacts
Listed by Turton Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$178,415.78
$14,867.98/mo
Valuation Metrics
0
DSCR
6.86%
Cap Rate
6.86%
ROI
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