2300N STREET

PRIME MIDTOWN OFFICE SPACE FOR LEASE

2300 N

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.

JON LANGVICE PRESIDENT - LIC. 01934934916.573.3302JONL ANG@TURTONCOM.COM

JACK SCURFIELDDIRECTOR - LIC. 02127988916.573.3316JACKSCURFIELD@TURTONCOM.COM

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Section One: The Property

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THE PROPERTY

E A S I LY A C C E S S I B L E T O M I D T O W N & T H E R S T R E E T C O R R I D O R

2300 N Street (the “Property”) is a free-standing

genuine red brick building located at the corner of

23rd and N Street. The Building is a perfect com-

bination of old and new with a genuine red brick

exterior accented by mint green window frames and

a modern interior with new fixtures and appliances.

The office space features large windows, high

ceilings, and beautiful wooden flooring through-

out. The large private offices and communal areas

provides the perfect slate to build an environment

that shapes positive client experiences and a strong

company brand image.

Your office space is a part of your company’s value

proposition – invest in a space that enhances cus-

tomer satisfaction, communicates company culture

and adds value to your bottom line!

1,800 3,600AVAILABLE SF BUILDING SF

10PARKING STALLS AVAILABLE

2300 N

Address: 2300 N St, Sacramento, CA 95816

Building Size:

Suite 200:

Lease Rate:

± 3,600 SF

± 1,800 SF

$1.85 MG

Availability: August 1, 2021

Parking: 10 stalls available

PROPERTY DETAILS

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Section One: The Property 2300 N

Section Two: Building Location

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The Building is situated along a burgeoning corridor

in Midtown that stands to benefit from the continued

investment into the R Street Corridor, the Handle

District, and Lavender Heights. The corridor is sur-

rounded by Sacramento’s hottest districts and can

benefit from all three’s numerous eateries, watering

holes, art galleries, retailers and office tenants.

These districts are home to some of Sacramento’s

best restaurants, events, and nightlife scene. Major

residential developments are taking place nearby

and retailers, office tenants and residents are mov-

ing to the urban core to take advantage of the exist-

ing live, work, play lifestyle.

Midtown Sacramento is the perfect fusion of

multi-generational locally owned business and or-

ganic youth infused goods and services; a healthy

dose of carefully selected national and regional re-

tailers 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 and East Sacramento.

BUILDING LOCATIONIN THE HEART OF MIDTOWN SACRAMENTO!

2300 N

ALKALI FLAT

P

19th

N

Eviva

Sac Comm. Theatre

CrepevilleBuckhorn Grill

Broderick RoadhouseZocalo

58 DegreesFieldwork Brewing

Pushkin’sBig Stump Brewing

Preethi Indian

Mikuni SushiPublic House

PieologyBurgers & Brew

Bento BoxStation 16

Petra GreekSqueezeburger

2300 N Street

The Press Dev. 21st

KuprosThe Cabin

LowBrauPeet’s Coffee

Nekter Juice BarAzul Mexican

Kin Thai Street EateryTank House BBQ

Tropics Ale HouseKiki’s Chicken Place

Pieces PizzaBombay Bar & Grill

Jack’s Urban EatsWaterboy

JalapenosZelda’s

I love TeriyakiN Street Cafe

Federalist Alaro Craft Brewery

ChipotleMulvaney’s

Old Tavern

Truitt BARK Park

Fremont Park

Capitol Park

Q19 Dev.

20 PQR Dev.

20 PQR Dev.

Conv. Center Dev.Section Two: Building Location

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MARRS

Freemont Market

Temple CoffeeCostanza’s

The Morning ForkWorld Famous HOTBOYS

The Burger PatchFlaming House

Golden BearTres Hermanas

Pizzasaurus RexCantina Alley

Sawasdee ThaiGoldfields

Streets of LondonBevmo

The Press CLubAdamo’s

Tea Cup HouseSubway

The Zebra ClubThe Sandwich Spot

Sac Brew BikeElliot Fouts Gallery

Magpie CafeOrchid Thai

MaydoonKarma Bru

Uncle Vito’sUniversity of BeerIke’s Sandwiches

Naked Lounge

2300 N

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The Property also benefits from proximity to several popular restaurants and bars, with easy access to every corner of the growing city.

POPULAR RESTAURANTS NEAR 2300 N STREET (NOT ALL ARE MENTIONED HERE):

58 Degrees & Holding Co.

Ace of Spades

Aioli Bodega Espanola

Alaro Craft Brewery

Art of Toys

Azul Mexican

Babes Ice Cream & Donuts

Badlands

Bar West

Bento Box

BevMo

Bottle & Barlow

Broderick Midtown

Buckhorn Grill

Burger Patch

Burgers and Brew

Cafe Bernardo

Café Bernardo’s

Camellia Coffee Roasters

Cantina Alley

Centro Cocina Mexicana

Chicago Fire

Chipotle

Coconut on T

Cornerstone

Crepeville

Der Biergarten

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

Ike’s

I Love Teriyaki

Identity Coffee

Iron Horse Tavern

Jack’s Urban Eats

Karma Brew

Kin Thai Street Eatery

Kru Japanese

Bombay Bar & Grill

Kupros Craft House

Lowbrau

Luna’s Cafe & Juice Bar

Maydoon

Mango’s/Burgertown

Make Fish

Mast Coffee

Mercantile Saloon

Mikuni Sushi

Monkey Bar

Mulvaney’s B&L

N Street Cafe

Nekter

New Roma Bakery

Old Soul Coffee

Orphan

Pachamama Coffee Coop

Paesano’s

Paragary’s

Pizzasaurus Rex

Portofino’s

Pushkin’s Bakery

Q Street Bar & Grill

Queen Sheba

R15

Red Rabbit

Rick’s Dessert Diner

Roxie Deli and Barbecue

Ro Sham Beaux

Sandwich Spot

See’s Candies

Shady Lady

Shoki Ramen House

South

Squeeze Burger

Station 16

Tank House BBQ

Tapa the World

Tea Cup Cafe

Temple Coffee

Thai Basil

Thai Canteen

The Golden Bear

The Mill Coffee House

The Porch

The Rind

The Waterboy

Tres Hermanas

Uncle Vito’s Pizza

University of Beer

Yogurtagogo

Zelda’s Pizza

Zocalo

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NEARBY AMENITIES

SOUTHSIDE PARK

STATE CAPITOL

ROOSEVELT PARK

SUTTER’S FORT

WINN PARK

TRUITT BARK PARKFREMONT PARK

16TH

P

R

20TH

L2300 N STREET

GOLDEN 1 CENTER

Section Two: Building Location 2300 N

Sacramento is the Capitol of California, the fifth

largest economy in the world. While perhaps not con-

sidered as prolific as many of the tourism-based cit-

ies in California such as San Francisco, Los Angeles

and San Diego, being the hub of California’s govern-

mental structure provides an incredible amount of

economic stability throughout the region. In addition,

Sacramento is being increasingly recognized as an

outdoor enthusiast’s dream city with its remarkably

central location to Lake Tahoe, the Sierra’s, Yosemite

and the Coast.

In a recent study completed by WalletHub for Na-

tional Nutrition Month, Sacramento was ranked the

5th healthiest city in the United States among 100

large cities (ranking higher than the likes of Denver,

Colorado Springs, San Francisco, Portland, Austin,

San Antonio and Seattle). Forbes magazine ranked

Sacramento as the 10th healthiest city in the United

SACRAMENTO

CALIFORNIA’S FASTEST-GROWING METROPOLITAN AREA

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

States versus all cities. A big part of this recogni-

tion stems from the cities’ proximity to the American

River. Hiking trails and white-water rafting abound

along the American River as well as one of Sacra-

mento’s crown jewels - the 32-mile American River

Bike Trail which runs entirely along the river from

Beal’s State Park to Discovery Park where it conjoins

with the Sacramento River to Old Sacramento on the

riverfront (only 20 blocks from the Subject Property).

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Section Three: Sacramento

THERE’S A REASON EVERYONE IS COMING HERE.

2300 N

#1 Happiest workers in midsized cities

#2 Top 10 most fun, affordable U.S. cities

#2 in the U.S. for net millennial migration

#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 REGION ANNUAL SALARY BREAKDOWN:

Over $100,000 - 17%$75,000 - $100,000 - 11%

$60,000 - $75,000 - 10%$40,000 - $60,000 - 18%

$30,000 - $40,000 - 12%Under $30,000 - 32%

LARGEST EMPLOYMENT INDUSTRIES WITHIN 1 MILE RADIUS OF THE PROPERTY:

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

Entertainment

Eateries/alc.

Transport

Health & ed.

Household

200 400 600 800*Numbers in millions0

*Based on data from Costar 2020

NUMBER OF EMPLOYEESWITHIN VARYING RADIUS OF THE PROPERTY:

1 MILE 2 3

26,455

73,020

145,469

48% Public Admin. & Sales

17% Science & Tech.

4% Information

5% Healthcare & Social

7% Hospitality & Food

19% Other

SACRAMENTO OFFICE VACANCY:

2017 2018 2019 20209%

10%

11%

12%

13%

14%

WALKSCORE:

97BIKE

SCORE:

98TRANSITSCORE:

55

SACRAMENTO DATA BITESSacramento’s relative affordability versus amenities remains one of its biggest draws. Population growth is expected to

average about 1% (20,000 annually for the region) over the next five years and is expected to outpace the national average.

Household growth continues to far outpace the rate of single-family and apartment deliveries. In July 2020 Sacramento was the

most popular migration destination in the U.S, with more than half of home searches from buyers outside of the area (Redfin).

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Section Three: Sacramento

34.3% Of population havea bachelor’s degree

Sources: SmartAsset 2018Emsi 2019

2300 N

Section Four: Floor Plans

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SUITE 2001,800 SF

OFFICE

OFFICE

WORKSPACE

RECEPTION

CONFERENCE

WORKSPACE

WORKSPACE

PRODUCTION

CLOSET

BREAK ROOM

RR

RR OFFICE

FLOOR PLAN

2300 N

STAIRS UP