5530 birdcage st. · 2020. 6. 30. · 5530 birdcage st. c i t r u s h e i g h t s , c a 9 5 6 1 0 w...

5530 BIRDCAGE ST.C I T R U S H E I G H T S , C A 9 5 6 1 0

W W W . A B O R N P O W E R S . C O M

CHANDLER [email protected]# 02081848

All materials and information received or derived from Aborn Powers its directors, officers, agents, advisors, affiliates and/or any third party sources are providedwithout representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicablegovernmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’sintended use or any and all other matters.Neither Aborn Powers its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express orimplied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whetherwritten or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. Aborn Powers will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for atransaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports andconsulting appropriate independent professionals. Aborn Powers makes no warranties and/or representations regarding the veracity, completeness, or relevance ofany financial data or assumptions. Aborn Powers does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptionsregarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rentsand/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate anyapplicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for theproperty.Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or taxattorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether theproperty complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultantsand governmental agencies. All properties and services are marketed by Aborn Powers in compliance with all applicable fair housing and equal opportunity laws.

W W W . A B O R N P O W E R S . C O M OFFICE BUILDING FOR LEASE

CHANDLER [email protected] #02081848

OFFICE BUILDING FOR LEASE

DISCLOSURE



SPACES LEASE RATE SPACE SIZE200 $1.25 SF/month 1,738 SF

210 $1.25 SF/month 790 SF

220 $1.25 SF/month 898 SF

PROPERTY HIGHLIGHTS• Recently remodeled

• Located just North of the corner of Madison Ave and Sunrise Blvd which are two of the main thoroughfares in

the greater Sacramento area and average +/- 40,000 Cars per day, with easy access to HWY 50 and I-80

• Nearby Shops and Restaurants

• Monument Signage Available

• Competitive Lease Rates

Lease Rate $1.25 SF/MONTH

OFFERING SUMMARYBuilding Size: +/- 11,936 SF

Available SF: +/- 790 - 1,738 SF

Year Built: 1983

Renovated: 2020

Zoning: BP P

Submarket: Citrus Heights/Fair Oaks

Parking Type: Surface

Parking Ratio: 4.0


EXECUTIVE SUMMARY




RETAILER MAP

Government26% 16%

Education &Health Services

Professional &Business Services

15% 15%

Leisure & Hospitality10% 6%

Trade, Transportation, &Utilities

Construction

Manufacturing5% 3%

Other & Agriculture Information3% 1%

Financial Activities

2018 EMPLOYMENT DISTRIBUTIONECONOMY

TOTAL EMPLOYMENT

Sacramento's economy has been getting morediversified over time. This area still has a largegovernment sector as Sacramento is thecapitol of California, but more jobs continueto be added outside of this field. Sacramento has also been experiencingeconomic growth that exceeds the nationalGDP growth, hitting 3.1% in 2017, which wasmore than double the national GDP.

EMPLOYERSApple

California Department of Corrections

California State University Sacramento

Environmental Protection Agency

Intel

Kaiser Permanente

Mercy General Hospital

SMUD

Sutter HealthSacramento saw a 3.2% increase inemployment in 2017, followed by a 2.7%increase, which was above the nationalaverage of 1.6% employment increase. In 2018 Sacramento County was growingfaster than the rest of the nation.




SACRAMENTO COUNTY OVERVIEW

0-9 Years13%

18-24 Years9%

10-17 Years11%

25-44 Years28%

45-64 Years25%

65+ Years14%

SPORTS EDUCATION ENTERTAINMENT

QUALITY OF LIFEDEMOGRAPHICS

1.54M 532K 36.5 $73,1422018

Population2018 Median

Household Income2018

Households2018

Median Age

POPULATION BY AGE

Sacramento County currently has a population of 1,540,975 people, and is expected to grow by nearly5% in the next 5 years if it continues to grow at the current rate.Almost 30% of people over 25 years old, who live in Sacramento County, have a bachelor's degree orhigher.The median household income experienced a 5% increase from 2017 to 2018 resulting in a historic highfor Sacramento County at $73,142.

Sacramento has a very diverse community with tonsof options for recreational activities, educationalopportunities, and career paths. Running out ofactivities in Sacramento is almost impossible,whether it's visiting one of the various museums inthe city, enjoying the nightlife in the Midtown area,or going to a King's game, Sacramento's very ownNBA team. Outside of the city, Sacramento also hastons of outdoor activities with its two rivers andmany nature reserves. There are also many collegesin Sacramento County, and many just outside thecounty such as the University of California Davisand the Los Rios Community College system. Thisarea has become more diversified relating to the jobmarket. Since Sacramento is the capitol of California,Government jobs are in no shortage, but as the areahas continued to grow, more businesses flock to thearea, creating more jobs.

Sources: Bureau of Labor Statistics; Bureau of Economic Analysis; United States CensusBureau; Sacramento Business Journal




SACRAMENTO COUNTY OVERVIEW




SUITE 200 PICTURES




SUITE 200 FLOOR PLAN




SUITE 210 PICTURES




SUITE 220 PICTURES

5530 birdcage st. · 2020. 6. 30. · 5530 birdcage st. c i t r u s h e i g h t s , c a 9 5 6 1 0 w...

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