THESENATORSACRAMENTO

RARE FIRST FLOORRETAIL OPPORTUNITY

THESENATORSACRAMENTO

THESENATORSACRAMENTO

BUILDING HIGHLIGHTS

TENANTS IN THE BUILDING

EXCEPTIONAL CAPITOL-ADJACENT LOCATIONThe Property is located on L Street directly across from the State Capitol’s primary entrance which is heavily used by lobbyists, trade associations and elected officials.

Originally constructed in 1924 as a 400-room hotel, the Property’s Italian Renaissance design was inspired by the Palazzo Farnese in Rome. The Senator features a U-shape design with a dramatic wrap-around colonnade and a soaring interior lobby. Listed on the National Register of Historic Places, the Senator Hotel was the nexus of political and social activity for over 50 years, and even featured its own Hotel Senator Orchestra. In 1984, the Property was reopened as an office building to serve the growing demand from tenants seeking convenient access to the Capitol.

The historic building, grand lobby, private covered patio, and full height windows create an atmosphere that is unmatched in downtown Sacramento.

Due to the proximity to the main entrance to the State Capitol Building,

the Senator has a diverse tenant mix that caters to the political community.

PROPERTY SUMMARYAddress 1123 L Street, Sacramento, California

Total SF 180,121 RSF

Stories Ten stories + lower level

YearBuilt/Renovated 1924/2015-2018

Historical Designation National Registry of Historic Places

Available Space

MAJOR TENANT SUMMARYTENANT INDUSTRY

California Manufacturers and Technology Association Public Policy

Lang, Hansen, O’Malley and Miller Legal Services

School Services of California Education

Metropolitan Water District of Southern California Public Agency

California Association of Realtors Real Estate

The California Channel Telecommunications

±909 - 4,360 sf rsf ground floor retail

SPACEFEATURES

• ±909 - 4,360 rsf retail

• Excellent ground floor visibility

• Ornate 14’ ceilings

• Suite entrance on L Street and through main building lobby

• Full height windows

• Abundant natural light

• Lobby available for tenant events

THESENATORSACRAMENTO

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3,222 RSF

909 RSF 1,138 RSF

*20% LOAD FACTOR *20% LOAD FACTOR

DEMOGRAPHICS THESENATORSACRAMENTO

Average Household Income

1 MILE

3 MILE

5 MILE

Population 1 MILE

3 MILE

5 MILE

23,610

141,858

347,059

Daytime Population 1 MILE

3 MILE

5 MILE

126,734

274,642

508,883

$59,858

$86,859

$72,815 *Prepared by Esri 2019

THESENATORSACRAMENTO

GRAND LOBBY ENTRANCE

Sources: Forbes, Sunset Magazine, Redfin, Indeed, DSP 2017 Annual Report, CA Dept. of Finance

SACRAMENTO BY THE NUMBERS

#5BEST U.S. CITY OF JOB-SEEKERS

#2 METRO AREAFOR BAY AREA INFLOW

CA’S FASTEST GROWING

B I G C I T Y BEST FOODIE

CITY IN US

#15

TO GET COMMERCIAL 5G HIGH-SPEED WIFI ($100M VERIZON PARTNERSHIP)

1st CITYIN THE U.S.

LIGHT RAILS T A T I O N S 8 BIKE SHARE

S T A T I O N S

324 DIRECT ACCESS TO

I-5 / I-80

406 BUSINESSES

HOTEL ROOMS (INCL. NEW $190M KIMPTON SAWYER)

2,6001,662

RESIDENTIAL UNITS UNDER CONSTRUCTION

UNITS PLANNED

17,627

52%PUBLIC SECTOR 48%

PRIVATE SECTOR

99,000DAYTIME EMPLOYEE POPULATION

15% AVG. INCREASE IN DOWNTOWN FOOT TRAFFIC

25 NEW RETAILERSOPENED DOWNTOWN

501,344 POPULATION OF CITY OF SACRAMENTO

UNEMPLOYMENT

RATE 3.9%

34MEDIAN AGE

5,200,000 VISITORSTO OLD SACRAMENTO (UP FROM 4,300,000 IN 2016)

210EVENT DAYS

EVENT ATTENDEES

470,000MUSEUMS

12 7 ACRESOF URBAN PARKS

BUS STOPS

TOP 4 BUSIEST PEDESTRIAN

LOCATIONS 3 MILE RADIUS OF DOWNTOWN SACRAMENTO

140,482 POPULATION

$74,146 AVG HH INCOME

34,836 WITH BACHELOR’S

DEGREE OF HIGHER

38 AVG AGE

TO LIVESUNSE T MAGAZINE ’S GAME CHANGING PLACE #1

SURROUNDING AMENITIES THESENATORSACRAMENTO

THESENATORSACRAMENTO

POPULATION GROWTH

Many of the most competitive cities are tech hubs that have attracted an influx of people moving to the area for jobs, unmatched by the creation of new homes. This

has led to intense competition and rising home prices. In San Francisco, Seattle and Denver, homes have become so expensive that many people are moving

elsewhere in search of more affordable and less competitive housing markets. –Taylor Marr, senior economist at Redfin

The Sacramento MSA is California’s fastest growing large city with an annual population growth rate of approximately 3.7% over the last decade, outpacing the compound annual growth rate of the U.S. of 3.2% over the same period, and is projected to grow by another 14% by 2025.

According to Redfin’s “Compete Score” for cities across the U.S., Sacramento was the fourth most competitive large city for homebuying in the first half of 2018. This score reflects the imbalance between available inventory and demand. Much of Sacramento’s growth and competitiveness has been driven by San Francisco Bay Area residents in search of more affordable homes within easy reach of the Bay Area.

METRO AREA COMPETE SCORES

Redfin - data through 6/30/18

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GOLDEN 1 CENTER & GOLDEN 1 CENTER & DOCO DISTRICTDOCO DISTRICT

THESENATORSACRAMENTO

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