For Sale
$1,545,000

11151 Sun Center DrRancho Cordova, CA 95670

11,109 SF Executive Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 11,109-square-foot executive office building in Rancho Cordova, CA, presents a compelling owner-user investment opportunity. Located at 11151 Sun Center Drive, this fully leased property boasts six well-configured suites, each ideally sized for the current office market and occupied by established tenants. Built in 1981 on a 1.23-acre lot, the building benefits from a prime location on the Sunrise Boulevard corridor, near City Hall and various amenities. The property features ample parking (5.5 stalls per 1,000 sq ft), recently updated with ADA upgrades and a resurfaced lot. The exterior has also been repainted within the last three years. The high visibility of the building, situated on a corridor with over 37,000 daily vehicles, contributes to its strong appeal. With a current NOI of $92,695 and an asking price of $1,545,000, this asset offers stable income and potential for future rent increases. Each suite has its own adjacent entrance, enhancing tenant convenience and privacy. This is a rare opportunity to acquire a high-quality, fully occupied office building in a thriving Sacramento County location. The property's strong tenant base and strategic location make it an ideal investment for owner-users seeking a stable and profitable asset. APN: 072-0480-007-0000.

Highlights

  • Owner-user opportunity.
  • Significant upside potential.
  • Annual rent increases of $0.05/SF.
  • Stable asset in prime Rancho Cordova location.
  • Six well-configured office suites ideal for the market.
  • Small suites occupied by established tenants.

Property Details for 11151 Sun Center Dr

Property type
Office properties
Square Feet
11,109 SF
Year Built
1981
Lot Size (sq. ft)
53,579 SF

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.5960845
Longitude
-121.2694577
11151 Sun Center Dr, Rancho Cordova, California

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11151 Sun Center Dr
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