11185 International Dr - Office FOR SALE


Rancho Cordova, CA 95670
$8,950,000 USD
916-642-3914
11185 International Dr, Rancho Cordova, CA for Sale
$8,950,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

11185 International Dr
Rancho Cordova, CA 95670


HIGHLIGHTS

  • EXCEPTIONAL LOW-RISE OWNER/USER OFFICE OPPORTUNITY
  • Ownership Advantage: As opposed to leasing, a purchase provides protection against future rental market uncertainty and rate hikes.
  • Strategic Access: Located just 2 minutes from Highway 50, the property is conveniently close to downtown and the airport.
  • This institutional-quality property is well-maintained, making it ideal for a long-term investment.

OVERVIEW

Investment Highlights Ownership Advantage An acquisition would provide an attractive lease-saving trade-off, saving as much as $44,046/month. As opposed to leasing, a purchase provides protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits and after-tax equity accumulation. Exceptional Low-Rise Owner/User Office Opportunity This modern 2-story office building spans ±76,754 SF and features a ±5.5:1,000 parking ratio, located in Rancho Cordova. It is currently one of only two office buildings for sale in the Sacramento region with such a high parking ratio, making it ideal for accommodating a 30k-80k SF occupier. The property is easily configurable for 1-2 tenants, providing potential income opportunities for an owner/user. Additionally, the building offers an ideal high-image headquarters location on a large corner lot, with excellent street visibility and a prominent building signature opportunity. The asset is institutional-quality and has been exceedingly well-maintained. Amenity-Rich Office Location The property is centrally located in Sacramento's Highway 50 Corridor, just 2 minutes from Highway 50. It offers a short commute to both downtown Sacramento and Folsom and is only 25 miles from Sacramento International Airport. The location is surrounded by entry and executive-level residential housing options, retail amenities, hotels, and public transportation. Rancho Cordova is an emerging urban center and one of the largest employment hubs in the Sacramento region, with a continually expanding workforce of over 65,000. Additionally, there are 70,109 residents within a 3-mile radius, with an average household income of $72,381. The population within 1 mile of the property is projected to grow by 6.86% over the next five years.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg C

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

427

LAND DETAILS

LAND ACRES

7.25 AC

LAND SF

315,810 SF

ZONING

OPMU

APN/PARCEL ID

072-0680-064

ASK ABOUT THIS PROPERTY

Matt PostCBRE, Inc.More Info
916-642-3914

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Matt PostCBRE, Inc.More Info
916-642-3914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.