2 0 0 0 IU N I Q U E M I D T O W N A C Q U I S I T I O N O P P O R T U N I T Y

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JOHN MUDGETTSENIOR DIRECTOR - LIC. 01765754916.573.3309SCOT TKINGSTON@TURTONCOM.COM

2409 L STREET, STE 200 SACRAMENTO, CA 95816

916.573.3300 TURTONCOM.COM

© 2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and are the property of their respective owners.

2000 I

RAD NEARBY MURAL BY @HIGHTECH_LOWLIFE

Section One: 2000 I Street

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2000 I ST2 6,400 80 1

S.F. BUILDINGSUITES FT I ST FRONTAGE RAD OPPORTUNITY

Turton Commercial Real Estate is pleased to present to the market 2000 I Street for Sale. The incredibly well located and highly versatile retail/

commercial building presents a unique opportunity in Midtown, Sacramento.

The 6,400SF building is comprised of two suites. 2000 I Street is a +-3,840 square foot suite with a very successful hair salon with term

through March, 31, 2021 and 907 20th Street is a vacant, +-2,560 square foot suite with frontage along 20th Street. The suite was last used as

a sound production and recording studio with significant amount of investment into sound proofing, wiring, acoustics, lighting and power. The

vacant suite is available for lease at $2.25-2.75/SF/NNN with a tenant improvement allowance that varies by tenant credit, proposed use and

economic lease terms. Could be great for recording, sound production, commercial work, podcasting or much more.

907 20th currently has dropped T-Bar ceiling systems and the hair salon has decorated French Quarter styled Tin ceiling tiles reclaimed by a

New Orleans historic property; however, the ceiling systems cover up an impressive roof truss system with huge clearance heights at the apex.

Although both suites are highly stylized, there could be extra impact created by exposing the roof trusses and converting into contemporary

retail space or office. The Subject Property also features an original brick facade and large glass storefronts along one of the most activated and

recognizable block in the city.

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2000 I

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• High End Brick Façade & Architecture

• Great Aluminum Window Systems

• Abundance of Natural Light

• Design Features Throughout

• High Identity Signage

• Soaring Bow-Truss Ceilings

• Walkable Urban Location with Pedestrian Counts

• Add Value Strategy through leasing

• Convert into NNN Retail Investment

• Cool Foam Roof regularly Maintained

• HVAC Systems Regularly Maintained

• Upgraded Electrical System with Three Subpanels

• Conduit Three Wire with Ground Throughout

• 400 Amps with Three Phase Power

PROPERTY HIGHLIGHTS

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1 630

I S T R E E T

Section One: 2000 I Street

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2000 I

MARRSLOW BRAU

BLOCK BUTCHERCOMEDY SPOT

AZULPIZZERIA URBANO

PEET’S COFFEEHEADHUNTERSBADLANDS

FACES

PETE’S RESTAURANTMARIKA CAFE

SUBWAY

JACK’S URBAN EATS

STARBUCKSNOAH’S BAGELS

DOMINO’SJYROS

BUCKHORN GRILLAIOLI BODEGAESPAGNOLAOLD SOUL

CREPVILLEBRODERICKTHE RIND

MAKE FISH POKE

ZOCALO*58 DEGREES

THE PRESS BISTROFIELDWORK BREWINGPUSHKIN’S BAKERY

19J DEVELOPMENT

OLD SOUL COFFEE

ELLIOT BUILDINGMIKUNI

PF CHANGS

STATE CAPITOL

21ST

JST

IST

16th CLARIONDEVELOPMENT

LUCCA

OFFICE MAX

BURGERS& BREW

GOLDFIELDSBEVMO

1631 K DEVELOPMENTCVS

GOLDEN 1 CENTER

BREAD STORE

STREETS OF LONDON

SAWASDEE

SPAGHETTI FACTORY

AVISALLURE SALON

HACKER LAB

ACE HARDWARE

THE MILL

WONDERFUL UNION

MULVANEY’SCHIPOTLEDEVINE

MELTING POTREPUBLIC

MIKE’S BIKES

16TH &DEVELOPMENT

MEMORIAL AUDITORIUMRENOVATION

CONVENTION CENTER EXPANSION

Strong interest in

the area has spurred

the redevlopment of

nearby properties.

The Sacramento grid

is peppered with new

developments.

Section Two: The Location

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MARRS

LOCATION0 6

THE PROPERTY

2000 I

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Section Two: The Location

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THE EPICENTER75+10 1,000

NEW HOUSING UNITSNEARBY DEVELOPMENTS NEARBY AMENITIES

2000 I Street is located a stone’s throw from countless amenities, including the MARRS Building (home to Low Brau, Block Butcher Bar, and

Peet’s Coffee), Pachamama, Tank House, Faces, Depot, Mango’s, Temple Coffee, Flamingo House, Der Bier Garten, and Midtown Cantina Alley.

Furthermore, the Subject Properties can take advantage of a handful of service-based amenities within blocks including Golden 1 Credit Union,

UPS Store, Floppy’s Printing, dry cleaning, and various hair and nail salons.

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2000 I

Southside Park

State Capitol

Roosevelt Park

Sutter’s Fort

Winn Park

Fremont Park

16TH

P

R

20TH

L

SUBJECT PROPERTY

Golden 1 Center

Not only are the properties close to ground zero of Midtown - the property has direct access to Sacramento’s major thoroughfares, meaning every corner of the city is within easy reach.

NEARBY AMENITIES

POPULAR RESTAURANTS AT / NEAR MARRS (NOT ALL ARE MENTIONED HERE):

58 Degrees & Holding Co.

Ace of Spades

Aioli Bodega Espanola

Amaro Italian Bistro & Bar

Art of Toys

Azul Mexican

Badlands

Bar West

Bento Box

BevMo

Block Butcher Bar

Bottle & Barlow

Broderick Midtown

Buckhorn Grill

Burgers and Brew

Cafe Bernardo

Café Bernardo’s

Cantina Alley

Centro Cocina Mexicana

Chipotle

Cornerstone

Crepeville

Der Biergarten

Dos Coyotes

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

Hot Italian

I Love Teriyaki

Identity Coffee

Iron Horse Tavern

Jack’s Urban Eats

Karma Brew

Kru Japanese

Bombay Bar & Grill

Kupros Craft House

Lowbrau

Lucca

Luna’s Cafe & Juice Bar

Mango’s/Burgertown

Make Fish

Mercantile Saloon

Metro Kitchen & Drinkery

Mikuni Sushi

Monkey Bar

Mulvaney’s B&L

N Street Cafe

Nekter

Nido

Nishiki Sushi

Old Soul Coffee

Pachamama Coffee Co-op

Paesano’s

Paragary’s

Pizzeria Urbano

Portofino’s

Press Bistro

Pronto Pizza

Pushkin’s Bakery

Q Street Bar & Grill

R15

Red Rabbit

Rick’s Dessert Diner

Roxie Deli and Barbecue

Saddle Rock

Sakamoto

See’s Candies

Shady Lady

Shoki Ramen House

Skool

Squeeze Inn

Sun & Soil Juice

Tank House BBQ

Tapa the World

Tea Cup Cafe

Temple Coffee

Thai Basil

Thai Canteen

The Bread Store

The Golden Bear

The Mill Coffee House

The Porch

The Press

The Rind

The Waterboy

Tres Hermanas

Uncle Vito’s Pizza

University of Beer

Waffle Square Country Kitchen

Yogurt a GoGo

Zelda’s Pizza

Zocalo

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Section Two: The Location

Truitt Bark Park

2000 I

Section Three: Midtown

Does it get cooler than

Midtown?! Not in the

Sacramento region.

This is the spot.

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MIDTOWN14575,000+40,000+ 58

AWESOME BARSSF OF NEW DEVELOPMENT RESTAURANTSDAILY VISITORS

If you are going to invest into Sacramento. Midtown is where you want to be.

Amazing third wave coffee abounds within every direction of the Subject Property. Pachamama, The Mill, Old Soul at the Weatherstone, Temple

Coffee not to mention Peet’s and Starbucks. All within a block or two.

Midtown is the is the perfect fusion of successful locally owned business; a healthy dose of carefully selected national and regional retailers and

an eclectic mix of high-end demographic occupations are embedded in a landscape of unique older buildings and mature trees.

Moving to Sacramento? Move to Midtown. It’s where people come to meet with friends and make new friends over beer, good food, farmer’s

markets and art events. Midtown is the center of Sacramento’s art, music, and cultural and the most centralized area in the city of Sacramento.

With easy access to Downtown, Old Sacramento, West Sacramento and East Sacramento, the Submarket caters to the daytime workforce as well

as the weekend neighborhoods.

Within Midtown, the Lavender Heights neighborhood has emerged as one of the submarket’s hottest micro-markets. 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.

This whole area boasts high foot traffic both day and night; it’s a hot spot for those who love to eat, drink, and enjoy many of Midtown’s most

popular establishments. While it is an excellent starting location for the popular Second Saturday festivities, the District is home to many additional

noteworthy events such as the Midtown Farmers’ Market, THIS Sacramento block parties, PARK(ing) Day, and much much more.

Large infill housing and mixed-use development projects are sprinkled throughout the grid but concentrated in Midtown, indicating regional growth

and an increased emphasis on inner-city living. Midtown development is abundant and headlined by several high identity projects including 19J,

Sacramento’s highest multifamily tower in several decades. Other notable projects include 17th & K Street (planning), 21st and L street (planning),

16th & H Street (under construction), Clarion Hotel (planning) and 23rd & J Street, among a plethora of smaller projects nearby.

2000 I

Section One: The Project

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Midtown is the social

hub of Sacramento.

Sacramentans all

know to come to this

neighborhood to start

their night out!

2000 ISection Three: Midtown

#1 Happiest workers in midsized cities

#1 Most valuable minor league baseball team

#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 Lease Stressed-out cities

#14 America’s coolest cities

#16 Best cities for millennials

SACRAMENTO’S CITY RANKINGS

*Based on data from 2012

NUMBER OF EMPLOYEESWITHIN VARYING RADIUS OF THE PROPERTY:

1 MILE 2 3

97,075

131,818

182,867

LARGEST EMPLOYMENT INDUSTRIES WITHIN 1 MILE RADIUS OF THE PROPERTY:

48% Public Admin. & Sales

17% Science & Tech.

4% Information

5% Healthcare & Social

7% Hospitality & Food

19% Other

2011 20172012 2013 2014 2015 2016

$2,000

$1,500

$1,000

$500

AVERAGE MONTHLY RENTAL RATE IN SACRAMENTO:

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

Entertainment

Eateries/alc.

Health & ed.

Household

20 40 60 80*Numbers in millions0

Sacramento is the Capitol of California, the fifth largest economy in the world. Being the hub

of California’s governmental structure provides an incredible amount of economic stability

throughout the region. In addition, Sacramento is recognized as an outdoor enthusiast’s dream

city with its remarkably central location to Lake Tahoe, the Sierra’s, Yosemite and the Coast. A

big part of this recognition stems from the cities’ proximity to the American River.

Located only 85 miles east of San Francisco, Sacramento enjoys easy, unfettered access to all

of the entertainment amenities provided by the robust Bay Area as well as the entire Northern

California region, for about 60% of the cost. Ice Blocks is ideally located in the epicenter of

Sacramento’s Urban core. Being on the major city inlet of 16th Street is not only advantageous

for high accessibility and visibility; the avenue marks the boundary between corporate,

powerful Downtown and fun, artsy Midtown. By having one foot in each of these submarkets,

Ice Blocks draws interest and activity from the widest possible swatch of locals and is

becoming a new urban destination.

Section Four: Sacramento

The city’s recent

renaissance is

accelerating,

catapulting in young

professionals from

across the nation.

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SACR AMENTO 140 55100,000+15.3 MILLION 71,335DAYTIME EMPLOYEES DOWNTOWN BARSANNUAL REGIONAL VISITORS RESTAURANTSTOTAL DAYTIME POPULATION

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Section Four: Sacramento

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THISCITY

ROCKSSacramento boasts absolutely no shortage of top-notch

restaurants, sharp local IPAs, hole-in-the-wall hidden gems,

skilled baristas, electronic music street festivals, light-up

party bikes, outstanding produce, and warm people.

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2000 I

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STR ATEGY1 1

3,840 SF SUITE RARE INVESTMENT OPPORTUNITY

The highest and best use for this building in high-end retail or creative office at market retail rents. One block away, retail rents are at $3.00-

3.50/SF/NNN while high end office space is at $2.25-3.00/SF full service gross. The building will command retail rents at or close to the upper

tier of pricing due to location, architecture, design, signage and visibility. The current vacant suite has a very expensive sound production

and recording infrastructure. Significant amount of capital went into building the sound production studio, sound proofing and wiring. Radio

Commercials, Podcasting, Streaming, Studio work, etc. The location of the space in Midtown warrants a wide variety of retail and/or creative

office uses. Potential uses include, but are not limited to soft goods retail, restaurant, taproom, art gallery, architect, engineer, advertising firm

and much more.

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PROPERTY FEATURES

Address: 2000 I Street

Status: Occupied

Size: 3,840 SF

Type: Retail

Use: Hair Salon

Expiration 3/31/2021

Rent: $5,376/month

Lease Type: Modified Gross

Fair Market Rent: $2.75-3.25/SF/NNN

Address 907 20th Street

Status Available

Size 2,560 SF

Type Retail/Office

Previous Use Sound Production and Recording Studio

Rent: $2.25-2.75/SF/NNN

Lease Type: NNN

Total Building SF 6,400 SF

Parking Stalls None On Site

Zoning C-2

12,560 SF SUITE

2000 ISection Five: The Strategy

Section Six: Floor Plans

FLOOR PLANS>

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2000 I

I STREET

20TH

STR

EET

MAVERIQUE

VACANT

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JOHN MUDGETTSENIOR DIRECTOR - LIC. 01765754916.573.3309SCOT TKINGSTON@TURTONCOM.COM

2409 L STREET, STE 200 SACRAMENTO, CA 95816

916.573.3300 TURTONCOM.COM

© 2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and are the property of their respective owners.

2000 I