8880 Cal Center DrSacramento, CA 95826

  • Office properties
  • 123,120 SF
For Lease
$22.20/SF/YR View listing

Property Details for 8880 Cal Center Dr

Year built
1989
Construction
STEEL FRAME
Lot size
6.00 AC
Property size (Sq ft)
123,120 SF
Zone code
BP
Property type
Office properties
Property subtype
Office buildings
APN
078-0450-021-0000
APU
7804500210000

Description

8880 Cal Center Drive in Sacramento, CA, offers exceptional office space in a four-story, Class A building totaling 120,000 square feet. This meticulously refurbished property boasts excellent freeway visibility and convenient access to Highway 50, as well as proximity to light rail. The building is currently multi-tenant, with 29,153 square feet of vacant space available, divisible into units ranging from a minimum of 1,308 square feet to a maximum contiguous space of 10,769 square feet. Fifteen individual spaces are currently available. Tenants benefit from a generous 4:1,000 parking ratio, ensuring ample parking for employees and visitors. Building amenities include a first-class conference center and a fitness facility, enhancing the tenant experience and providing valuable resources. The property's location in the desirable Highway 50 corridor, combined with its modern amenities and convenient access to public transportation, makes it an ideal location for businesses seeking a high-quality office environment in Sacramento. The building's Class A designation reflects its superior construction, modern design, and high-end finishes. This is a rare opportunity to secure premium office space in a prime Sacramento location. Contact us today to learn more about available spaces and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,346,786
    6.5%
    $17,858,570
    7%
    $16,582,959
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,579,074
    Geo Method
    $17,579,074
  • Alternative Use

    Use
    Valuation
    Residential
    $22,144,628
    Hospitality
    $20,284,360
    Educational
    $16,876,350
    Medical
    $17,456,752
    Retail
    $26,252,100
8880 Cal Center Dr, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5577
Longitude
-121.377
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$162,079
$2,958,353
$10,468,028
$13,426,381
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FAQs

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