Office in Sacramento, CA - office in Sacramento, CA
Office

Office in Sacramento, CA

1325 j street, sacramento, CA 95814

Price

Price on request

Price/Sq Ft

$2.55

Description

Full Floor Available for Sublease | 20,819 SF Office Space 621 Capitol Mall is a landmark Class A high-rise office building. It is the premier business address in the Sacramento region, three blocks from the State Capitol building. The ground floor level has restaurant and retail space that include Morton’s Steakhouse, Sola Salon, AAA, and U.S. Bank Branch. Other building amenities include electric vehicle charging stations, fitness center with showers and lockers, personal training services, storage space, secured bicycle lockers, complimentary building shuttle and dry-cleaning services. 621 Capitol Mall also has on site ownership, property management, building engineers and 24-hour security. Located in the heart of Downtown Sacramento, the 25-story office building is in close proximity to I-5, the DOCO, Golden 1 Center and the Railyards Development Project.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1325 j street, sacramento, CA 95814

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Sacramento office market showed average asking rents near $25.80/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$25.80/SF/yr
Estimated sale value
$138–$179/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.6%, asking rent held flat).

View the full Sacramento Office market report →

Compare it against other office listings for lease in Sacramento, CA to benchmark pricing and space — view the full market.

Unified Estimate

Medium Confidence
$2.15/SF/mo-$2.63/SF/mo
Mid: $2.29/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q3 '19Q1 '25Q1 '26$0$60$120$180$2400%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,970

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,594,006
Median Income$92k↑ 24%
College Educated30.0%↓ 3.4pp
Median Age37.5 yrs
Median Home Value$534k
Unemployment6.7%↑ 3.1pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Rent vs. Market

$1.9

10.2% below market average

Listed at $1.9/sqft/mo vs. market avg $2.12/sqft/mo

Assumptions
  • Market comparison: office in sacramento, CA

More Office for Lease in Sacramento, CA(5)

Documents

Contact Broker

Listed by

CBRE System Import