For Sale
$3,290,000

11290 Pt DrRancho Cordova, CA 95742

±22,802 SF Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 22,802 square foot office building, situated on a 1.54-acre lot in Rancho Cordova, California, presents a compelling investment opportunity. The property, located at 11290 Point East Drive, boasts a prime location with partial visibility from Highway 50 and proximity to major hotels, ensuring high visibility and convenient access. Built in 1987, this Class B, two-story building features updated offices and is currently 100% occupied by a single tenant. The permitted zoning is MP (though marketing materials list GC, this discrepancy needs clarification). The asking price is $3,290,000, translating to $144.29 per square foot. The property consists of one building and offers significant potential for future growth and development. The current owner is willing to execute a leaseback agreement, providing a stable income stream for the new owner. This presents a unique opportunity to acquire a well-maintained, fully occupied office building in a desirable location with the added benefit of a potential leaseback arrangement. The Assessor's Parcel Number (APN) is 058-0270-035. Serious inquiries are encouraged.

Highlights

  • 22,802 SF office building on a 1.54-acre lot in Rancho Cordova, CA.
  • Prime location with Highway 50 visibility, near major hotels.
  • Class B, two-story building, built in 1987, currently 100% occupied.
  • Asking price: $3,290,000 ($144.29/SF).
  • Seller offering leaseback option.
  • APN: 058-0270-035.

Property Details for 11290 Pt Dr

Property type
Office properties
Square Feet
22,802 SF
Class
B
Year Built
1987
Buildings
1
Stories
2
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.6090839
Longitude
-121.2659745
11290 Pt Dr, Rancho Cordova, California

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11290 Pt Dr
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