1616 1630 · buckhorn grill aioli bodega espagnola old soul crepville broderick the rind make fish...
TRANSCRIPT
C R E A T I V E O F F I C E / R E T A I LM I D T O W N , S A C R A M E N T O
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AARON MARCHANDVICE PRESIDENT - LIC. 01711650916.573.3305A [email protected]
SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]
2409 L STREET, STE 200 SACRAMENTO, CA 95816
916.573.3300 TURTONCOM.COM
© 2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and are the property of their respective owners.
Section One: 1616 & 1630 I Street
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1616+1630 I ST2 6,400-26,000 75+
S.F. OF OFFICE RETAIL SPACE AVAILABLEBUILDINGS NEARBY RESTAURANTS & AMENITIES
1616 and 1630 I Street are two exceptionally rare opportunities for a creative office or retail tenant to lease anywhere from +/- 6,400 square
feet up to +/- 26,000 square feet just one (1) block from one of urban Sacramento’s busiest thoroughfares (16th Street) with more than 22,000
cars per day.
The corner building, 1630 I Street, is a striking +/- 6,400 square foot ground floor and mezzanine office building. The property is currently VSP’s
Innovation Lab, has floor to ceiling windows, soaring ceilings, and a mid-century modern design aesthetic. They will be vacating their space at
the end of November 2019.
Immediately next door is 1616 I Street. This property, which is currently a +/- 19,600 square foot parking garage, is being reimagined as
Midtown Sacramento’s next historical and creative office space conversion. The space has tremendous future potential to be transformed
by leveraging the impressive roof truss systems and historical façade along I Street. This renovation opportunity makes this building highly
desirable from a retail or contemporary office perspective.
The properties sit in the middle of numerous infill commercial and mixed-use development projects are well under development along the 16th
Street corridor, including the future redevelopment of the former Clarion Hotel at 16th and H, the four story future project at 1631 K Street, the
remodel of the Memorial Auditorium and Sacramento Convention Center expansion.
The property is located a stone’s throw from countless amenities, including Mikuni, PF Changs, The Mill Coffee, LowBrau, Burgers and Brew,
Starbucks, the Memorial Auditorium, Firestone, Pieology, Squeeze Inn and much more.
This is a truly one of a kind opportunity to lease one or two freestanding office/retail storefront buildings along Midtown’s hottest corridor.
Benefit from great identity, a high level of exposure and a city on the rise. It is easy to imagine transforming these spaces into two of the most
desirable buildings in town.
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PHOTOS - 1630 I STREET
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• 1616 I Street is ± 19,600 rentable square feet
• 1630 I Street is ± 6,400 rentable square feet
• Up to ± 26,000 square feet of contiguous office or retail space
• Modern and historical design aesthetic
• Up to ± 26 parking stalls available
PROPERTY FEATURES
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I S T R E E T
Section One: 1616 & 1630 I Street
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PHOTOS - 1616 I STREET
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Section Two: The Location
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THE EPICENTER75+10 1,000
NEW HOUSING UNITSNEARBY DEVELOPMENTS NEARBY AMENITIES
1616 and 1630 I Streets are ideally located in the epicenter of Sacramento’s urban core. Within 5 minutes of Interstate 5, Interstate 80, and
Highway 50 the property is perfectly situated between every major suburb in Sacramento. Furthermore, the property is located a few blocks
from light rail and one block from public transit. Both buildings area mere 2 – 3 minutes away from special events at Golden 1 Center,
grabbing lunch at some of Sacramento’s finest restaurants or working out at 24 Hour Fitness or Cal Fit. The light rail will also soon connect the
Railyards, The Sacramento Republic FC Soccer Stadium, and (someday soon) Sacramento International Airport.
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MARRSLOW BRAU
BLOCK BUTCHERCOMEDY SPOT
AZULPIZZERIA URBANO
PEET’S COFFEEHEADHUNTERSBADLANDS
FACES
PETE’S RESTAURANTMARIKA CAFE
SUBWAY
JACK’S URBAN EATS
STARBUCKSNOAH’S BAGELS
DOMINO’SJYROS
BUCKHORN GRILLAIOLI BODEGAESPAGNOLAOLD SOUL
CREPVILLEBRODERICKTHE RIND
MAKE FISH POKE
ZOCALO*58 DEGREES
THE PRESS BISTROFIELDWORK BREWINGPUSHKIN’S BAKERY
19J DEVELOPMENT
OLD SOUL COFFEE
ELLIOT BUILDINGMIKUNI
PF CHANGS
STATE CAPITOL
21ST
JST
IST
16th CLARIONDEVELOPMENT
LUCCA
OFFICE MAX
BURGERS& BREW
GOLDFIELDSBEVMO
1631 K DEVELOPMENTCVS
GOLDEN 1 CENTER
BREAD STORE
STREETS OF LONDON
SAWASDEE
SPAGHETTI FACTORY
AVISALLURE SALON
HACKER LAB
ACE HARDWARE
THE MILL
WONDERFUL UNION
MULVANEY’SCHIPOTLEDEVINE
MELTING POTREPUBLIC
MIKE’S BIKES
16TH &DEVELOPMENT
MEMORIAL AUDITORIUMRENOVATION
CONVENTION CENTER EXPANSION
Strong interest in
the area has spurred
the redevlopment of
nearby properties.
The Sacramento grid
is peppered with new
developments.
Section Two: The Location
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MARRS
LOCATION
THE PROPERTY
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Southside Park
State Capitol
Roosevelt Park
Sutter’s Fort
Winn Park
Fremont Park
16TH
P
R
20TH
L
1616 & 1630 I STREET
Golden 1 Center
Not only are the properties close to ground zero of Midtown - the property has direct access to Sacramento’s major thoroughfares, meaning every corner of the city is within easy reach.
NEARBY AMENITIES
POPULAR RESTAURANTS AT / NEAR MARRS (NOT ALL ARE MENTIONED HERE):
58 Degrees & Holding Co.
Ace of Spades
Aioli Bodega Espanola
Amaro Italian Bistro & Bar
Art of Toys
Azul Mexican
Badlands
Bar West
Bento Box
BevMo
Block Butcher Bar
Bottle & Barlow
Broderick Midtown
Buckhorn Grill
Burgers and Brew
Cafe Bernardo
Café Bernardo’s
Cantina Alley
Centro Cocina Mexicana
Chipotle
Cornerstone
Crepeville
Der Biergarten
Dos Coyotes
Eatuscany Cafe
Elixir Bar & Grill
Faces
Federalist Public House
Fieldwork Brewing Co.
FishFace Poke Bar
Fit Eats
Fox & Goose Public House
Ginger Elizabeth Chocolates
Grange
Highwater
Hot Italian
I Love Teriyaki
Identity Coffee
Iron Horse Tavern
Jack’s Urban Eats
Karma Brew
Kru Japanese
Bombay Bar & Grill
Kupros Craft House
Lowbrau
Lucca
Luna’s Cafe & Juice Bar
Mango’s/Burgertown
Make Fish
Mercantile Saloon
Metro Kitchen & Drinkery
Mikuni Sushi
Monkey Bar
Mulvaney’s B&L
N Street Cafe
Nekter
Nido
Nishiki Sushi
Old Soul Coffee
Pachamama Coffee Co-op
Paesano’s
Paragary’s
Pizzeria Urbano
Portofino’s
Press Bistro
Pronto Pizza
Pushkin’s Bakery
Q Street Bar & Grill
R15
Red Rabbit
Rick’s Dessert Diner
Roxie Deli and Barbecue
Saddle Rock
Sakamoto
See’s Candies
Shady Lady
Shoki Ramen House
Skool
Squeeze Inn
Sun & Soil Juice
Tank House BBQ
Tapa the World
Tea Cup Cafe
Temple Coffee
Thai Basil
Thai Canteen
The Bread Store
The Golden Bear
The Mill Coffee House
The Porch
The Press
The Rind
The Waterboy
Tres Hermanas
Uncle Vito’s Pizza
University of Beer
Waffle Square Country Kitchen
Yogurt a GoGo
Zelda’s Pizza
Zocalo
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Section Two: The Location
Truitt Bark Park
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#1 Happiest workers in midsized cities
#1 Most valuable minor league baseball team
#2 Top 10 most fun, affordable U.S. cities
#4 U.S metro clean tech index
#4 Best cities for nerds
#5 Hot startup cities
#10 Best cities for women in the workforce
#10 Best cities for coffee snobs
#10 Lease Stressed-out cities
#14 America’s coolest cities
#16 Best cities for millennials
SACRAMENTO’S CITY RANKINGS
*Based on data from 2012
NUMBER OF EMPLOYEESWITHIN VARYING RADIUS OF THE PROPERTY:
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97,075
131,818
182,867
LARGEST EMPLOYMENT INDUSTRIES WITHIN 1 MILE RADIUS OF THE PROPERTY:
48% Public Admin. & Sales
17% Science & Tech.
4% Information
5% Healthcare & Social
7% Hospitality & Food
19% Other
2011 20172012 2013 2014 2015 2016
$2,000
$1,500
$1,000
$500
AVERAGE MONTHLY RENTAL RATE IN SACRAMENTO:
ANNUAL CONSUMER SPENDING WITHIN A ONE MILE RADIUS OF THE PROPERTY:
Entertainment
Eateries/alc.
Health & ed.
Household
20 40 60 80*Numbers in millions0
Sacramento is the Capitol of California, the fifth largest economy in the world. Being the hub
of California’s governmental structure provides an incredible amount of economic stability
throughout the region. In addition, Sacramento is recognized as an outdoor enthusiast’s dream
city with its remarkably central location to Lake Tahoe, the Sierra’s, Yosemite and the Coast. A
big part of this recognition stems from the cities’ proximity to the American River.
Located only 85 miles east of San Francisco, Sacramento enjoys easy, unfettered access to all
of the entertainment amenities provided by the robust Bay Area as well as the entire Northern
California region, for about 60% of the cost. Ice Blocks is ideally located in the epicenter of
Sacramento’s Urban core. Being on the major city inlet of 16th Street is not only advantageous
for high accessibility and visibility; the avenue marks the boundary between corporate,
powerful Downtown and fun, artsy Midtown. By having one foot in each of these submarkets,
Ice Blocks draws interest and activity from the widest possible swatch of locals and is
becoming a new urban destination.
Section Three: Sacramento
The city’s recent
renaissance is
accelerating,
catapulting in young
professionals from
across the nation.
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SACR AMENTO 140 55100,000+15.3 MILLION 71,335DAYTIME EMPLOYEES DOWNTOWN BARSANNUAL REGIONAL VISITORS RESTAURANTSTOTAL DAYTIME POPULATION
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Section Three: Sacramento
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THISCITY
ROCKSSacramento boasts absolutely no shortage of top-notch
restaurants, sharp local IPAs, hole-in-the-wall hidden gems,
skilled baristas, electronic music street festivals, light-up
party bikes, outstanding produce, and warm people.
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MIDTOWN
Section Four: Midtown
14575,000+40,000+ 58AWESOME BARSSF OF NEW DEVELOPMENT RESTAURANTSDAILY VISITORS
Midtown Sacramento is the perfect fusion of successful locally owned business and organic youth infused goods and services; a healthy dose
of carefully selected national and regional retailers and an eclectic mix of high-end demographic occupations are embedded in a landscape of
unique older buildings and mature trees. Business owners, residents and investors have flocked to the center of Sacramento’s art, music, and
cultural scene to cash in on the fruitful submarket. Many people consider Midtown to be the most centralized area in the city of Sacramento,
with easy access to Downtown, Old Sacramento, West Sacramento and East Sacramento.
The midtown neighborhood has emerged as urban Sacramento’s most popular live, work and play destination. The hubs of this exciting district
are the Elliot Building and the MARRS building. The neighborhood features Sacramento’s most successful restaurants and nightlife venues and
has an eclectic mix of local restaurants, art galleries, coffee houses and boutiques. The Midtown market has high foot traffic both day and
night, and is a hot-spot for those who love to eat and drink, and enjoy many of Midtown’s most popular establishments. While it is an excellent
starting location for the popular Second Saturday festivities, this area is home to many additional noteworthy events such as the Midtown
Farmers’ Market, THIS Sacramento block parties, PARK(ing) Day, and more.
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Section One: The Project
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Midtown is the social
hub of Sacramento.
Sacramentans all
know to come to this
part of town to eat,
drink and have fun.
Section Four: Midtown 1 6 1 61 6 3 0I S T R E E T
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Section Five: Floor Plans
FLOOR PLANS1 6 3 0 I S T R E E T - ± 6 , 4 0 0 S F
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FIRST FLOOR MEZZANINE
OPEN TO BELOW
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Section Five: Floor Plans
FLOOR PLANS1 6 1 6 I S T R E E T - ± 1 9 , 6 0 0 S F
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ALLEY
I STREET
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GROUND FLOOR
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AARON MARCHANDVICE PRESIDENT - LIC. 01711650916.573.3305A [email protected]
SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]
2409 L STREET, STE 200 SACRAMENTO, CA 95816
916.573.3300 TURTONCOM.COM
© 2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and are the property of their respective owners.