For Sale
$950,000

11170 Sun Center DrRancho Cordova, CA 95670

7-Unit Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This single-story, 7,360 square foot office building in Rancho Cordova, CA, presents a compelling value-add investment opportunity. Located at 11170 Sun Center Drive, this Class C property boasts seven individual units, currently 87.5% occupied, generating a Net Operating Income (NOI) of $10,771. The building, constructed in 1982, sits on a one-acre lot and is zoned MP. With a mix of executive office, medical, and retail tenants, the property offers a diverse revenue stream. The units range in size from approximately 500 to 2,500 square feet, providing flexibility for various business needs. The asking price is $950,000, translating to $161.78 per square foot based on the 6,799 square feet of net rentable space. The property benefits from a convenient location, less than one mile from Sunrise Boulevard and approximately one mile from Highway 50, providing easy access to major transportation routes. The attractive landscaping and ample parking enhance the property's appeal. Current below-market rents offer significant potential for increased income through lease renewals and rent adjustments. This is an ideal opportunity for an owner-user seeking to occupy approximately 1,000 square feet while benefiting from existing rental income. The property's strong location and potential for rental growth make it a promising investment. The property features a gross lease structure and is offered for sale by owner.

Highlights

  • Seven units ranging from 500 to 2,500 square feet.
  • Mix of executive office, medical, and retail spaces available.
  • Ample parking with attractive landscaping.
  • Excellent location near numerous amenities.
  • Located in a clean and safe neighborhood.

Property Details for 11170 Sun Center Dr

Property type
Office properties, Office space
Square Feet
7,360 SF
Class
C
Year Built
1982
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
7

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.596349435128
Longitude
-121.26849455957
11170 Sun Center Dr, Rancho Cordova, California

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11170 Sun Center Dr
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