2919 Prom R&T LLC Acquires Office Building From Glen Yonekura In Sacramento For $6M
3900 Lennane Drive
$6,000,000
$130/SF
Building Size
46,149 SF
Asset Type
Office
Closing
Aug 12, 2025
AI
The office building located at 3900 Lennane Drive in Sacramento has a sale price of $6,000,000 and spans 46,149 square feet. This property has an impressive price per square foot of $130 and is fully leased, including tenants such as Golden Bay Mortgage Group, Exact Staff, and Refined Realty Group. The asset has been renovated since its prior ownership, previously purchased by GPR Ventures for $4.235 million in 2019.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,000,000
- Buyer: 2919 Prom R&T LLC
- Seller: Glen Yonekura - GPR Ventures
- Market: Sacramento
- Sale Date: 08/12/2025
- Brokers: Matt Post, Sammy Cemo, Anthony DeLorenzo & Tony Whittaker - CBRE
- Square Footage: 46,149
- Price Per Square Foot: $130
The transaction involves key representatives from CBRE, including Matt Post, Sammy Cemo, Anthony DeLorenzo, and Tony Whittaker, who facilitated the sale between the buyer, 2919 Prom R&T LLC, and seller, Glen Yonekura of GPR Ventures. Their expertise contributed to the execution of this significant property deal in Sacramento.
Players
Sacramento Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93