- For Sale $6,500,000
- Property Type Retail - Restaurant
- Property Size 29,501 SF
- Lot Size 0.39 Acre
- Cap Rate % 8.09
- Zoning C-3-SPD
- Year Built 1956
- Year Renovated 2008
- Date Updated Mar 7, 2025
Turton Commercial Real Estate and Marcus & Millichap are pleased to present the opportunity to purchase 1000 K Street, located in the epicenter of Downtown Sacramento’s K Street Entertainment District and nestled in the heart of the Governmental Affairs District. 1000 K Street, located in a Federal Opportunity Zone, is an architecturally extraordinary, ± 29,501 SF two (2) story building, 100% leased to four (4) of Downtown Sacramento’s most popular and successful restaurant and entertainment tenants.
The Property is being offered at $6,500,000 based upon a projected 2024 NOI of $726,640.37 (based upon leases in place) with 11.18% projected cap rate. The Property has been, and is, a highly reliable investment
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
99/100 Walker's Paradise
-
Transit Score ®
66/100 Good Transit
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Bike Score ®
97/100 Biker's Paradise
- City Sacramento, CA
- Neighborhood Downtown Sacramento
- Zip Code 95814
- Market Sacramento
Points of Interest
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St. Rose of Lima Park
0.11 miles
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8th & K
0.19 miles
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8th & Capitol
0.24 miles
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7th & Capitol
0.27 miles
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8th & H/County Center
0.30 miles
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7th & I/County Center
0.31 miles
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8th & O
0.34 miles
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13th Street
0.54 miles
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Sacramento Valley Station
0.54 miles
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Alkali Flat/La Valentina
0.56 miles
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ChargePoint
0.05 miles
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EVgo
0.96 miles
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Arco
1.03 miles
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Propel Fuel
1.09 miles
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Valero
1.10 miles
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One Stop Gas
1.14 miles
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Chevron
1.30 miles
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Shell
1.35 miles
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SMUD
1.53 miles
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Rivian
2.72 miles
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Capitol Garage
0.04 miles
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City Hall Parking Garage
0.16 miles
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ACE Parking
0.24 miles
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Lot D
0.26 miles
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County Public Parking
0.37 miles
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Saint Joseph's Jury Parking Lot
0.41 miles
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Memorial Garage
0.41 miles
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Public Parking
0.43 miles
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City Lot 297
0.47 miles
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East End Garage
0.50 miles
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El Santo Cantina
0.01 miles
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O Ponto Brazillian Steakhouse
0.01 miles
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Mother
0.04 miles
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Taco Bell Cantina
0.09 miles
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Blackbird Kitchen + Beer Gallery
0.11 miles
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Teriyaki To Go
0.12 miles
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La Cosecha
0.17 miles
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Frank Fat's
0.17 miles
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Upper Crust Pizza
0.18 miles
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MidiCi - Wood Fired Pizza
0.19 miles
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Macy's Downtown Plaza Sacramento
0.44 miles
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Downtown Commons
0.44 miles
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Market 5-ONE-5
0.53 miles
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Target
0.55 miles
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Grocery Outlet
0.57 miles
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Gold Star Mart
0.64 miles
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Safeway
0.85 miles
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Asian Food Center
1.11 miles
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Raley's
1.17 miles
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Sacramento Natural Foods Co-op
1.50 miles
Frequently Asked Questions
The space currently listed for sale at 1000 K St asks for $6,500,000.
1000 K St totals 29,501 square feet.
1000 K St was built in 1956.
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