Contacts
Turton Commercial Real Estate
Turton Commercial Real Estate
Property Details
- Property Type Retail
- Property Size 36,771 SF
- Cap Rate % 7
- Year Built 1912
- Year Renovated 2012
- Date Updated Dec 13, 2024
The Crest Theatre complex is comprised of six business addresses and seven tenants located in two buildings collectively referred to as the “Crest” or the “Property”. Located between 1011 – 1023 K Street, the Crest is an architecturally extraordinary 36,771 RSF consisting of seven of Sacramento’s most eclectic and successful retail and office tenants.
The Property is being offered at a price of $21,000,000 based on a 7% capitalization rate on budgeted 2024 Net Operating Income of $1,450,000.
The Property is widely considered to be one of the entertainment pillars of the central business district and a highly reliable investment.
Reach out to the broker for more info on lease terms and amenities
Getting around
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99/100
Walk Score ®
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66/100
Transit Score ®
-
99/100
Bike Score ®
Location
- City Sacramento, CA
- Neighborhood Downtown Sacramento
- Zip Code 95814
- Market Sacramento
Points of Interest
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St. Rose of Lima Park
0.03 miles
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8th & K
0.08 miles
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8th & Capitol
0.16 miles
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7th & Capitol
0.16 miles
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7th & I/County Center
0.23 miles
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8th & H/County Center
0.26 miles
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8th & O
0.29 miles
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Sacramento Valley Station
0.45 miles
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13th Street
0.59 miles
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Alkali Flat/La Valentina
0.61 miles
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ChargePoint
0.17 miles
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EVgo
0.92 miles
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Arco
1.08 miles
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Propel Fuel
1.11 miles
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Valero
1.11 miles
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One Stop Gas
1.19 miles
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Shell
1.27 miles
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Chevron
1.36 miles
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SMUD
1.65 miles
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Rivian
2.81 miles
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Capitol Garage
0.15 miles
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City Hall Parking Garage
0.22 miles
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County Public Parking
0.33 miles
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ACE Parking
0.35 miles
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Lot D
0.36 miles
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Plaza Shopping Garage
0.38 miles
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Saint Joseph's Jury Parking Lot
0.39 miles
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City Lot 297
0.41 miles
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Old Sacramento Garage
0.48 miles
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Public Parking
0.49 miles
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Taco Bell Cantina
0.05 miles
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MidiCi - Wood Fired Pizza
0.07 miles
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Frank Fat's
0.08 miles
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Tiger Bar + Restaurant
0.08 miles
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Blackbird Kitchen + Beer Gallery
0.08 miles
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Teriyaki To Go
0.12 miles
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O Ponto Brazillian Steakhouse
0.12 miles
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El Santo Cantina
0.12 miles
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La Bonne Soupe Cafe
0.15 miles
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Mother
0.16 miles
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Macy's Downtown Plaza Sacramento
0.31 miles
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Downtown Commons
0.31 miles
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Market 5-ONE-5
0.53 miles
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Gold Star Mart
0.64 miles
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Target
0.68 miles
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Grocery Outlet
0.69 miles
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Safeway
0.95 miles
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Raley's
1.04 miles
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Asian Food Center
1.14 miles
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Sacramento Natural Foods Co-op
1.62 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
