419 J street - LoopNet...DAVID HERRERA Executive Vice President +1 916 563 3032 License #01484908....
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DAVID HERRERA Executive Vice President +1 916 563 3032 License #01484908 [email protected] MATT SARRO Vice President +1 916 563 3026 License #01942991 [email protected] J street 419 ±1,461 SF - ±12,375 SF Restaurant Building For sale OR LEASE DOWNTOWN SACRAMENTO
Transcript of 419 J street - LoopNet...DAVID HERRERA Executive Vice President +1 916 563 3032 License #01484908....
DAVID HERRERAExecutive Vice President
+1 916 563 3032License #01484908
MATT SARROVice President
+1 916 563 3026License #01942991
J street419
±1,461 SF - ±12,375 SF Restaurant BuildingFor sale OR LEASE
DOWNTOWN SACRAMENTO
Propert y Details highligh ts419 J Street is located in Downtown Sacramento on J Street between 3rd & 4th Streets. 419 J Street is a three story restaurant and meeting hall building with ground floor retail facing the courtyard patio. The building offers a highly visible location across the street from the Sawyer Hotel & Golden 1 Center and within close proximity to the California State Capitol and the City freeway, HWY 50 & I-5.
› Existing restaurant 2nd generation › Walk-in cooler and freezer › Hood & ansul system › Elevator › Two full bars › Dining area › Meeting hall › Recently remodeled › Highly visible location
$2.50Asking Lease Rate (PSF NNN)
$5,000,000Asking Price
419 J Street, Sacramento, CAFLOOR PL ANS
FIRST FLOOR - 4,231 SF SECOND FLOOR - 4,139 SF
RETAIL SPACE1,461 SF
RETAIL SPACE1,676 SF
419 J Street, Sacramento, CA
FLOOR PL ANS
THIRD FLOOR - 4,005 SF
+7%average monthly increase
in pedestrian traffic2017 - 2018
+45%average monthly increase in
cyclists2017 - 2018
THRIVING DOWNTOWN
DOWNTOWN DEMOGRAPHICS LIVE + WORK SACRAMENTO
PEDESTRIAN & BICYCLE ACTIVITY
1-mile 2-mile
Source: DSP as of June 2018
Source: Midtown AssociationSource: Colliers Research
Ideally situated along the Sacramento River and mere steps from California’s State Capitol, major commuting corridors and transit connections, downtown Sacramento is Northern California’s hub for culture, entertainment, employment and innovation. The epicenter of Sacramento’s growing list of accolades, there’s no better place to turn dreams into reality than downtown Sacramento. Downtown Sacramento is home to an urban environment where energy and work collide.
Current Population 15,305 43,514
2024 Population Projection 16,834 46,658
Average Age 36 36
Average Household Income $64,163 $71,864
Average Household Size 2 2
Bachelor’s Degree or Higher 28.2% 29.2%
Households 8,980 23,568
Traffic Counts (ADT) 5th Street - 13,527
Traffic Counts (ADT) J Street - 24,931
123Kdaytime employee
population
14%public
employees
4.0%unemployment
rate
86%private
employees
1,522housing units
created in 2015-2018
29total new housing
developments
j street419
DAVID HERRERASenior Vice President
+1 916 563 3032License #01484908
[email protected] street419
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). Real estate officer license corporation identification number 01908588. ©2019. All rights reserved.
MATT SARROVice President
+1 916 563 3026License #01942991
SITE
CALIFORNIA STATE CAPITOL
