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Page 1: 2131 CAPITOL AVENUE, STE 100
Page 2: 2131 CAPITOL AVENUE, STE 100

2131 CAPITOL AVENUE, STE 100 SACRAMENTO, CA 95816

916.573.3300 TURTONCOM.COM

© 2021 The information contained in the Offering memorandum is confidential and is not to be used for any other purpose or made available to other persons without the express written consent of Turton Commercial Real Estate (“TCRE”), Ken Turton or the owner. The material contained herein is based upon information supplied by owner in coordination with information provided by TCRE from sources it deems reasonably reliable. Summaries of documents are not intended to be comprehensive or all-inclusive but rather a general outline of the provisions contained herein and subject to more diligent investigation on the part of the prospective purchaser. No warranty, expressed or implied, is made by owner, TCRE or any other respec-tive affiliates, as to the accuracy or completeness of the information contained herein or any other written or aral communication provided to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communication. Without limiting the general nature of the foregoing, the information shall not be deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business affairs, specific finances or specific condition of the Property since the date of preparation of the information. Prospective purchaser shall make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, inspection and review of the Property, including but not limited to engineering and environmental inspec-tions, to determine the condition of the Property and the existence of any potential hazardous material located at the site.

PATRICK STELMACHSENIOR DIRECTOR - LIC. [email protected]

SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]

0 2

M

Page 3: 2131 CAPITOL AVENUE, STE 100

THE PROPERTYThe Mansion by SKK Developments is changing the

landscape of urban core Sacramento. Prominently

rising on the site of the former Mansion Inn Hotel,

the building is a 5-story, 182,924 SF mixed-use

multifamily community providing 186 residential

apartments. Unveiling in Spring 2022, The Mansion

is offering 3,023 SF of Class A retail space for lease

– one space of 1,505 SF on the corner of 16th and H

Streets, and one space of 1,518 SF on the corner of

15th and H Street (both spaces divisible).

Thoughtfully designed with mid-century ambience,

elevated finishes, and modern amenities, The Man-

sion is contemporary yet classic, vibrant yet serene.

S e c t i o n O n e : T he P r op e r t y

0 3

The Mansion’s exterior design pays homage to the

mid-century modern style of the site’s original

Mansion Inn, through its clean horizontal lines,

vertical rhythms, and material selection.

Retailers can take full advantage of The Manion’s

best-in-class community amenities, featuring two

landscaped courtyards, rooftop deck terrace with

stunning views, and heated swimming pool - take a

break from the workday or host your private event!

On-site amenities and features also include expan-

sive lobby, BBQ, pet spa, bike rooms, package lock-

ers, conference room, and fitness center with TRX

System. Garage and bike parking available.

Situated directly across the street from the his-

toric Governor’s Mansion, Broadway at Music Cir-

cus, and Sacramento Theatre Company, Mansion

Apartments is a vibrant destination and a beacon

of activity for the entire Midtown area. Walkable to

Sacramento’s trendiest restaurants and amenities,

retailers at The Mansion will benefit greatly from

hundreds of residents, daytime office employees,

the State Capitol, nighttime entertainment, and

transient traffic from major hotels within a few

blocks. Be part of the newest development trans-

forming Sacramento’s urban core!

1,505 - 1,518SF RETAIL FOR LEASE

186RESIDENTIAL UNITS

182,924SF MIXED-USE BUILDING

REPRODUCTION OF THIS DRAWING IS EXPRESSLY FORBIDDEN WITHOUT THE SPECIFIC WRITTEN PERMISSION OF C2K ARCHITECTURE INC. THIS DRAWING IS ONLY CONDITIONALLY ISSUED, AND NEITHER RECEIPT OR POSSESSION THEREOF CONFERS OR TRANSFERS ANY RIGHT TO, OR LICENSE TO, USE THE SUBJECT MATTER OF THIS DRAWING OR ANY TECHNICAL INFORMATION SHOWN THEREON, NOR ANY RIGHT TO REPRODUCE THIS DRAWING OR PART THEREOF, WITHOUT THE WRITTEN AUTHORIZATION OF C2K ARCHITECTURE INC.

SHEET TITLE:

SHEET NO.:

CITY STAMP

1645 NW HOYTPORTLAND OREGON 97209503 444 2200

ADDRESS:

OWNER:

PROJECT NO.:

DRAWN:

DATE:

REVISION: DESCRIPTION:

PRELIMINARY, NOT

FOR CONSTRUCTION

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M G.002PROJECT RENDERING

ENTIT

LEM

ENTS

MANSIONINN

700 16TH ST.Sacramento, CA 95814

MANSION APARTMENTSOWNER, LLC

18149

Author

25 OCTOBER 2019ENTITLEMENTS

H STREET UNIT ENTRY PERSPECTIVE

30 OCTOBER 2019ENTITLEMENTS

REPRODUCTION OF THIS DRAWING IS EXPRESSLY FORBIDDEN WITHOUT THE SPECIFIC WRITTEN PERMISSION OF C2K ARCHITECTURE INC. THIS DRAWING IS ONLY CONDITIONALLY ISSUED, AND NEITHER RECEIPT OR POSSESSION THEREOF CONFERS OR TRANSFERS ANY RIGHT TO, OR LICENSE TO, USE THE SUBJECT MATTER OF THIS DRAWING OR ANY TECHNICAL INFORMATION SHOWN THEREON, NOR ANY RIGHT TO REPRODUCE THIS DRAWING OR PART THEREOF, WITHOUT THE WRITTEN AUTHORIZATION OF C2K ARCHITECTURE INC.

SHEET TITLE:

SHEET NO.:

CITY STAMP

1645 NW HOYTPORTLAND OREGON 97209503 444 2200

ADDRESS:

OWNER:

PROJECT NO.:

DRAWN:

DATE:

REVISION: DESCRIPTION:

PRELIMINARY, NOT

FOR CONSTRUCTION

DR19-174

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M G.006MATERIALS / COLOR BOARD

ENTIT

LEM

ENTS

MANSIONINN

700 16TH ST.Sacramento, CA 95814

MANSION APARTMENTSOWNER, LLC

18149

Author

25 OCTOBER 2019ENTITLEMENTS

THIN BRICK - TYPE 1 OF 3 THIN BRICK - TYPE 2 OF 3 THIN BRICK - TYPE 3 OF 3

STUCCO PICKET RAILING BALCONIES POWDER COATED – BLACKWHITE

PACIFIC CLAY - CHARCOAL; TEXTURE: RAKEDPACIFIC CLAY - CHARCOAL; TEXTURE: SMOOTHPACIFIC CLAY - DARK IRON SPOT; TEXTURE: VELOUR

CUSTOM ENTRY DOORTEAK

CANOPY SOFFITSWOOD

GLASS RAILING BALCONIES POWDER COATED – BLACK

H STREET UNIT ENTRY PERSPECTIVELOBBY ENTRY PERSPECTIVE

30 OCTOBER 2019ENTITLEMENTS

UNLIMITEDPOSSIBILITIES

M

REPRODUCTION OF THIS DRAWING IS EXPRESSLY FORBIDDEN WITHOUT THE SPECIFIC WRITTEN PERMISSION OF C2K ARCHITECTURE INC. THIS DRAWING IS ONLY CONDITIONALLY ISSUED, AND NEITHER RECEIPT OR POSSESSION THEREOF CONFERS OR TRANSFERS ANY RIGHT TO, OR LICENSE TO, USE THE SUBJECT MATTER OF THIS DRAWING OR ANY TECHNICAL INFORMATION SHOWN THEREON, NOR ANY RIGHT TO REPRODUCE THIS DRAWING OR PART THEREOF, WITHOUT THE WRITTEN AUTHORIZATION OF C2K ARCHITECTURE INC.

SHEET TITLE:

SHEET NO.:

CITY STAMP

1645 NW HOYTPORTLAND OREGON 97209503 444 2200

ADDRESS:

OWNER:

PROJECT NO.:

DRAWN:

DATE:

REVISION: DESCRIPTION:

PRELIMINARY, NOT

FOR CONSTRUCTION

DR19-174

C:\R

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Loca

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:35:

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M G.001PROJECT RENDERING

ENTIT

LEM

ENTS

MANSIONINN

700 16TH ST.Sacramento, CA 95814

MANSION APARTMENTSOWNER, LLC

18149

Author

25 OCTOBER 2019ENTITLEMENTS

15TH & H STREET CORNER PERSPECTIVE

30 OCTOBER 2019ENTITLEMENTS

Page 4: 2131 CAPITOL AVENUE, STE 100

S e c t i o n O n e : T he P r op e r t y

0 6

S e c t i o n O n e : T he P r op e r t y

Location: 1517 H Street, Sacramento CA 95814

Building Size: Residential Units: 186

- 30 Studios

- 93 One-bedrooms

- 55 Two-bedrooms

- 8 Three-bedrooms

Retail Space: ± 3,023 SF (1,505 - 1,518 SF)

Power: 200 Amp, 3-phase

Hoodshaft: Available

Greasetrap: Available

Gas: Available

Parking: Available

Bike Parking: Available

Metering: Separately Metered

Delivery Date: Spring 2022

Retail Lease Rate: $3.25 per SF NNN

PROPERTY DETAILS

M

Page 5: 2131 CAPITOL AVENUE, STE 100

odeto thepast

BOLD | AUTHENTIC | NOSTALgic

D E S I G N

Page 6: 2131 CAPITOL AVENUE, STE 100

Section Two: The Location

Midtown Sacramento is the perfect fusion of suc-

cessful 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 oc-

cupations 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 desti-

nation. 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.

The property sits in the middle of numerous infill

commercial and mixed-use development projects

are well under development along the 16th Street

corridor.

BUILDING LOCATION

0 9

100+1 6BLOCKS FROM THE CAPITOLBLOCK FROM MEMORIAL AUDITORIUM NEARBY AMENITIES

Mural by Jolene Russell in H16 Next Door

M

Midtown Mural by Shaun Burner and Miguel Perez

Page 7: 2131 CAPITOL AVENUE, STE 100

1 2

MSection Two: The Location

THE MANSION HAS A CENTRAL LOCATION ACROSS THE STREET FROM THE HISTORIC GOVERNOR’S MANSION, BROADWAY AT MUSIC CIRCUS, & SACRAMENTO THEATRE COMPANY

Page 8: 2131 CAPITOL AVENUE, STE 100

ALKALI FLAT

1 3

Section Two: The Location

I

19th

F

Ice Blocks1430 Q

HHS Dept. Building

EvivaSac Comm. Theatre

Conv. Center Dev.

19J

CrepevilleBuckhorn Grill

Broderick RoadhouseZocalo

58 DegreesFieldwork Brewing

Sibling by Pushkin’sBig Stump Brewing

Preethi Indian

Mikuni SushiPieology

Burgers & BrewPF ChangsBento BoxStation 16

Petra GreekSqueezeburger

DeVeres

Sampino’s16th Street Donuts

Taqueria Jalisco

The Eleanor

16th

Old Soul WeatherstoneMoxie

New Roma Bakery

Shine Cafe

Aura Japanese BBQ

The Melting PotChando’s CantinaCapital Hop Shop

Republic Bar & GrillGoodside Coffee

Bear Dive

The MillAt Ease Brewing

LowBrauSleek Wax Bar

Pizzeria UrbanoAzul Mexican

State DGS Tower

Mansion

H

Lavender Courtyard

H16

Tank HouseKiki’s

Old Spaghetti FactoryStarbucks

MGolden 1 Center

DOCOKimpton Sawyer Hotel

State Capitol

BevMo!Target

Goldfield Trading PostCookies

Streets PubLeave Your Mark

CVSSawasdee Thai

Propagate

Broadway atMusic Circus

Governor’s Mansion

Memorial Auditorium

Page 9: 2131 CAPITOL AVENUE, STE 100

Mansion has one of the finest locations in the highly-desirable midtown submarket of Sacramento and is within easy walking distance of virtually every significant landmark in Sacramento’s urban core:

POPULAR RESTAURANTS NEAR MANSION (NOT ALL ARE MENTIONED HERE):

58 Degrees & Holding Co.Ace of SpadesAioli Bodega EspanolaAmaro Italian Bistro & BarArt of ToysAzul MexicanBadlandsBar WestBento BoxBevMoBike DogBottle & BarlowBroderick MidtownBuckhorn GrillBurger PatchBurgers and BrewCafe BernardoCantina AlleyCentro Cocina MexicanaChipotleCornerstone

CrepevilleDarling AviaryDer BiergartenEatuscany CafeElixir Bar & GrillFacesFederalist Public HouseFieldwork Brewing Co.FishFace Poke BarFit EatsFox & Goose Public HouseFrank Fat’sGinger Elizabeth ChocolatesGrangeHighwaterI Love TeriyakiIdentity CoffeeIron Horse TavernJack’s Urban EatsJamie’s Broadway GrillKarma Brew

Kojac KitchenKru JapaneseKupros Craft HouseLowbrauLove ChildLuccaLuna’s Cafe & Juice BarMango’s/BurgertownMake FishMassulo PizzaMercantile SaloonMetro Kitchen & DrinkeryMidiCi Neapolitan PizzaMikuni SushiMonkey BarMorgan’s MillMulvaney’s B&LN Street CafeNekterNidoOld Soul Coffee

Pachamama Coffee CoopPaesano’sParagary’sPizzeria UrbanoPortofino’sPress BistroPronto PizzaPushkin’s BakeryQ Street Bar & GrillR15Red RabbitRick’s Dessert DinerRiverside ClubhouseRoxie Deli and BarbecueRuhstallerSakamotoSauced BBQ & SpiritsSee’s CandiesSelland’sShady LadyShoki Ramen House

Squeeze InnSun & Soil JuiceTank House BBQTapa the WorldTea Cup CafeTemple CoffeeThai BasilThai CanteenThe Golden BearThe Mill Coffee HouseThe PorchThe RindThe WaterboyTres HermanasUncle Vito’s PizzaUniversity of BeerVic’s Ice CreamWaffle Square Country KitchenYogurt a GoGoZelda’s PizzaZocalo

1 5

NEARBY AMENITIES

SOUTHSIDE PARK

STATE CAPITOL

ROOSEVELT PARKSUTTER’S FORT

WINN PARK

TRUITT BARK PARKFREMONT PARK

16TH

P

20TH

L

GOLDEN 1 CENTER Mansion

Section Two: The Location

JOHN MUIR PARK

GRANT PARK

STANFORD PARK

SUTTER’S LANDING

MARSHALL PARK

M

Page 10: 2131 CAPITOL AVENUE, STE 100

thiscity's

radMidtown Sacramento is dense, vibrant,

and open late. As the city’s cultural

epicenter, it attracts art, experiences,

and excitement!

Section Two: The Location

1 8

M

Page 11: 2131 CAPITOL AVENUE, STE 100

While the Golden 1 Center has expedited urban

renovation on the K Street Grid, the renaissance of

Sacramento’s urban sectors surrounding the K Street

Grid has been underway for several years now. Res-

idential migration to the higher density urban cores

is a phenomenon easily recognizable in Tier 1 popu-

lation centers like New York, Chicago, Philadelphia,

and in California, Los Angeles, San Francisco and

San Diego. This same pattern is now beginning in

Tier 2 population centers like Portland, Denver, San

Antonio and Sacramento.

The urban core of Sacramento (Downtown and Mid-

town) is the most desirable business location the

Sacramento region and easily boasts the lowest

combined commercial vacancy rate, hovering be-

tween 5 – 8%. This figure is impressive when factor-

ing in many buildings marketed as “available” that

are functionally obsolete and non-compliant. The ur-

SACRAMENTO

CA L IFORN I A’S FA S T ES T- GROW IN G ME T RO P OL I TA N

215+15.3 MILLION 71,335DAYTIME EMPLOYEESANNUAL REGIONAL VISITORS BARS / RESTAURANTS

ban core is the perfect fusion of multi-generational

locally owned business, organic youth infused retail

and services, a healthy dose of carefully selected

national and regional retailers, the best restaurants

east of the Bay Bridge, an eclectic mix of high-end

demographic occupations all magically embedded in

a landscape of unique older buildings and mature

trees and flora.

1 9

Section Three: Sacramento MTHERE’S A REASON EVERYONE IS

COMING HERE.

Page 12: 2131 CAPITOL AVENUE, STE 100

#1 in the U.S. for net migration

#1 Happiest workers in midsized cities

#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 Least Stressed-out cities

#14 America’s coolest cities

#16 Best cities for millennials

SACRAMENTO’S CITY RANKINGS:

SACRAMENTO DATA BITESUrban Sacramento is the perfect blend of carefully curated local and national retail embedded in a landscape of unique older buildings, mature trees, and a burgeoning mural scene. Business owners, residents, and investors near and far have flocked to the center of Sacramento’s art, music, and cultural scene to cash in on this fruitful submarket. Residential migration to Sacramento has been increasing with over 70,000 relocating in 2019. In July 2020, Sacramento was the most popular migration destination in the U.S, with more than half of home searches coming from buyers outside of the area (Redfin). Attracted by the affordability of real estate, lower cost of living and booming Downtown, many have found that Sacramento is an ideal location to achieve a turnkey live-work-play lifestyle. Sacramento has strong fundamentals for a retailer to tap into and leave their mark.

2 1

Section Three: Sacramento

$1,838 AVERAGE RENT PER MONTH INSACRAMENTO

M

2020 HOUSEHOLD INCOME - ONE MILE RADIUS OF PROPERTY:

Over $150,000 - 13%$125,000 - $150,000 - 5%

$100,000 - $125,000 - 9%$75,000 - $100,000 - 11%

$50,000 - $75,000 - 17%Under $50,000 - 44%

EDUCATION ATTAINMENT WITHIN ONE MILE RADIUS OF THE PROPERTY:

ANNUAL CONSUMER SPENDING WITHIN A ONE MILE RADIUS OF THE PROPERTY:

Entertainment

Eateries/alc.

Transport

Health & ed.

Household

$20 $40 $60 $80*Numbers in millions$0

*Based on data from Costar 2021

POPULATION BY AGE WITHIN ONE MILE OF PROPERTY

<19 20-24 25-34

4K

0.8K

5.7K

7% Associate

WALKSCORE:

93

BIKESCORE:

99

TRANSITSCORE:

62

29% Bachelor

10% Some HS

17% Advanced

12% HS Graduate

25% Some College

35-44

5.2K

45-54

3.1K

55-64

2.8K

65-84

2.8K

85+

.4K

Art - Subtile by Federico Díaz

Page 13: 2131 CAPITOL AVENUE, STE 100

2 3

Section Four: Floor Plans

FLOOR PLANS

M

1 BR - B17105

1 BR - B5104

1 BR - B1-B103

STUDIO -A1-D102

RETAILR101

2 BR - C7-A140

1 BR - B4139

2 BR - C5-A138

FITNESS146

FITNESS146

LOBBY141

LOBBY141

BIKE151

2 BR - C4-B108

STUDIO -A1-A107

1 BR - B1-B109

TRASH164

MAINT168

2 BR - C4-B114

1 BR - B12113

1 BR - B12112

2 BR - C4117

2 BR - C9-A116

STUDIO -A2118

STUDIO -A2119

1 BR - B6126

1 BR - B1125

STUDIO -A1-B124

1 BR - B1123

LOUNGE142

MAIL152

KITCHENETTE148

1 BR LOFT- B15-A

111

2 BR - C10127

STUDIO -A1-B128

1 BR - B1-B129

1 BR - B11130

RETAILR102

CHUTEROOM

160

ELEC173

POOLEQUIPP102

STORAGEP103ELEC

171

H ST

15TH

ST

16TH

ST

REPRODUCTION OF THIS DRAWING IS EXPRESSLY FORBIDDEN WITHOUT THE SPECIFIC WRITTEN PERMISSION OF C2K ARCHITECTURE INC. THIS DRAWING IS ONLY CONDITIONALLY ISSUED, AND NEITHER RECEIPT OR POSSESSION THEREOF CONFERS OR TRANSFERS ANY RIGHT TO, OR LICENSE TO, USE THE SUBJECT MATTER OF THIS DRAWING OR ANY TECHNICAL INFORMATION SHOWN THEREON, NOR ANY RIGHT TO REPRODUCE THIS DRAWING OR PART THEREOF, WITHOUT THE WRITTEN AUTHORIZATION OF C2K ARCHITECTURE INC.

SHEET TITLE:

SHEET NO.:

CITY STAMP

1645 NW HOYTPORTLAND OREGON 97209503 444 2200

ADDRESS:

OWNER:

PROJECT NO.:

DRAWN:

DATE:

REVISION: DESCRIPTION:

PRELIMINARY, NOT

FOR CONSTRUCTION

DR19-174

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LEVEL 1

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MANSIONINN

1517 H ST.Sacramento, CA 95814

MANSION APARTMENTSOWNER, LLC

18149

Author

14 AUGUST 2020BUILDING PERMIT DOCUMENTS

1/16" = 1'-0"X0201 FLOOR PLAN - LEVEL 1

± 1,505 - 1,518 SF HIGHLY VISIBLE CORNER RETAIL SPACE FOR LE ASE

H STREET

15TH

STR

EET

9,825 Cars per Day

8,00

3 Ca

rs p

er D

ay 16

TH STREET22,535 Cars per Day

Page 14: 2131 CAPITOL AVENUE, STE 100

2131 CAPITOL AVENUE, STE 100 SACRAMENTO, CA 95816

916.573.3300 TURTONCOM.COM

© 2021 The information contained in the Offering memorandum is confidential and is not to be used for any other purpose or made available to other persons without the express written consent of Turton Commercial Real Estate (“TCRE”), Ken Turton or the owner. The material contained herein is based upon information supplied by owner in coordination with information provided by TCRE from sources it deems reasonably reliable. Summaries of documents are not intended to be comprehensive or all-inclusive but rather a general outline of the provisions contained herein and subject to more diligent investigation on the part of the prospective purchaser. No warranty, expressed or implied, is made by owner, TCRE or any other respec-tive affiliates, as to the accuracy or completeness of the information contained herein or any other written or aral communication provided to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communication. Without limiting the general nature of the foregoing, the information shall not be deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business affairs, specific finances or specific condition of the Property since the date of preparation of the information. Prospective purchaser shall make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, inspection and review of the Property, including but not limited to engineering and environmental inspec-tions, to determine the condition of the Property and the existence of any potential hazardous material located at the site.

PATRICK STELMACHSENIOR DIRECTOR - LIC. [email protected]

SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]

2 6

M

Page 15: 2131 CAPITOL AVENUE, STE 100