8118 Timberlake Way
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8118 Timberlake Way
13,500 SF 100% Leased Office Building Sacramento, CA 95823 $4,313,758 CAD ($320 CAD/SF) 5.66% Cap Rate
Executive Summary
Fully leased 2 tenant medical ofice building. Sutter Health is the anchor Tenant and has occupied the building since 1996; Timberlake Pediatrics has occupied the building since 1998. Well maintained building located in the South Sacramento Medical District near Methodist Hospital & Kaiser Permanente. Visibility from Hwy 99 with good freeway access via Mack Road & Consumnes River Blvd. Sale Price = $2,995,000 ; NOI = $169,588 ; Cap Rate = 5.7%
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,500 SF
Building Class
C
Year Built
1980
Price
$4,313,758 CAD
Price Per SF
$320 CAD
Cap Rate
5.66%
NOI
$244,261 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,750 SF
Building FAR
0.30
Lot Size
1.03 AC
Zoning
OB R - OB-R-PUD/Medical Bldg./Clinic
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PROPERTY TAXES
| Parcel Number | 117-0181-005 | Improvements Assessment | $1,847,912 CAD |
| Land Assessment | $984,360 CAD | Total Assessment | $2,832,272 CAD |
PROPERTY TAXES
Parcel Number
117-0181-005
Land Assessment
$984,360 CAD
Improvements Assessment
$1,847,912 CAD
Total Assessment
$2,832,272 CAD
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TL Commercial
8118 Timberlake Way
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