1508 Howe Avenue

Sacramento, CA 95825

Listing ID: 197739

$2,869,000

For Sale

Property Type Retail : Free Standing Building
Lot Size Acres 1.000
Building Sq Ft 4,764
Building Price per Sq Ft $602.23
Land Sq Ft 43,560
Land Price per Sq Ft $65.86

1508 Howe Avenue Sacramento, CA 95825 - main image

Description

Just over 2 million square feet of retail within one mile this building is strategically located in the middle of Sacramento’s strongest retail hubs. Along with the retail is the Point West Office Park, which boasts a daytime population of over 9,500 employees, 30,000+ students from Sacramento State University and 80+ events annually at Cal Expo. The Howe Ave corridor is active 7 days a week.
Fully conditioned 4,764 SF Showroom and 3,011 SF Warehouse
Signage facing Howe Ave available
Large monument sign panel available
Suite 100 (6,716 SF) is leased at $1.59 PSF, NNN through April 2023 equating to $163,596.00, Gross per year.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		22,732	138,987	369,447
Population Median Age		33	37	37
Population by Age	0-9 Yrs	3660 (16%)	18128 (13%)	45064 (12%)
	10-19 Yrs	2217 (9%)	17196 (12%)	44134 (11%)
	20-29 Yrs	5765 (25%)	23998 (17%)	63346 (17%)
	30-39 Yrs	3700 (16%)	19865 (14%)	57469 (15%)
	40-49 Yrs	2472 (10%)	16076 (11%)	43124 (11%)
	50-59 Yrs	1881 (8%)	16016 (11%)	43633 (11%)
	60-69 Yrs	1685 (7%)	14539 (10%)	38948 (10%)
	70+ Yrs	1352 (5%)	13169 (9%)	33730 (9%)

Median HH Income		$35,580	$48,671	$53,579
Total Household Income	< 24K	3607 (37%)	16081 (28%)	37197 (25%)
	25-49K	2795 (29%)	13254 (23%)	32692 (22%)
	50-74K	1451 (15%)	8201 (14%)	24744 (16%)
	75-99K	673 (7%)	5805 (10%)	16769 (11%)
	100-199K	947 (9%)	10120 (17%)	27527 (18%)
	200K+	110 (1%)	3964 (6%)	8987 (6%)

Highest Education Level	No Diploma	2045	11114	32555
	Diploma or GED	3655	19325	53779
	Some College	3205	19510	57891
	Assoc. Degree	1230	7833	21983
	Bachelors Degree	3097	20780	52590
	Higher Degree	1110	13183	32511

Total Housing Units		10,323	61,854	160,110
--Owner-Occupied		1,659	24,215	65,663
--Renter-Occupied		7,924	33,210	82,253
Owner-Occupied Values	< 100K	181	1438	3725
	100-199K	635	3212	9603
	200-299K	589	4873	17368
	300-399K	135	4600	14482
	400-499K	48	2781	6670
	500K+	71	7310	13815

Total Working Age Population		17,737	110,958	297,840
In Work Force		11,791	68,877	185,975
Not In Work Force		5,946	42,081	111,865
Workforce Employed		10,385	61,890	170,087
Workforce Unemployed		1,392	6,929	15,601
Civlian Workforce		11,776	68,819	185,688
Military Workforce		15	58	287

Total Households		9,583	57,424	147,916
Family Households		4,543	30,230	79,557
Non-Family Households		5,040	27,194	68,359
Married Couple		2,270	19,292	50,948
Other Family		2,273	10,938	28,609
Married w/Child		1,266	8,982	22,193
Single Male w/Child		264	1,534	3,894
Single Female w/Child		1,022	4,225	11,014

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Sacramento County	1,223,499	+16	1,418,788	+11	1,572,195	+12	1,758,565

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.