Listed by Cushman & Wakefield - Sacramento, California
$2,950,000
3043 Gold Canal Dr
Details
APN 072-0470-029
Property Type Office
Sub Type Executive Office, Professional Office
Square Footage 26,569
Tenancy Multi
Lease Type Gross
Price per SqFt $111
Class B
Year Built 2007
Stories 2
Acreage 1.190
Zoning Office Industrial Mixed Use (OIMU), City of Rancho Cordova
Investment Type Owner/User
Office | 26,569 SqFt
Marketing description
3043 Gold Canal Drive presents a rare opportunity to own or lease a high-quality professional office building in one of Sacramento’s most dynamic submarkets. Situated in the heart of Rancho Cordova, this two-story, ±26,569 SF multi-tenant office building offers unmatched flexibility for both investors and owner-users.
Originally developed by an owner/user, the property has been well-maintained and is currently partially leased, providing immediate in-place income with the potential for owner occupancy or further lease-up. This makes it an ideal fit for a business seeking a customizable location or an investor looking for a value-add opportunity. The existing leases can be terminated, if desired.
Positioned within Prospect Park, one of the premier business parks in the region, the property is offered at a price significantly below replacement cost and recent comparable sales. With stable cash flow and upside potential through leasing or rental rate adjustments, this is a compelling acquisition in a market poised for continued growth.
Rancho Cordova is widely recognized as one of the best-run cities in Northern California, known for its business-friendly government, efficient permitting, and ongoing infrastructure investment. The city’s reputation has attracted numerous Fortune 500 companies and major employers, making the Highway 50 Corridor the region’s core employment center. With excellent access to major freeways, public transit, and a wide range of amenities, 3043 Gold Canal Drive is ideally positioned to serve both tenants and owner/users seeking a strategic, growth-oriented location.
Investment highlights
- Situated in the HWY 50 submarket—which is Sacramento’s largest suburban office market—with close proximity to retail amenities and restaurants
- High visibility on Gold Canal Drive with easy access to Hwy 50
- Attractive 2007 construction with mature landscaping
- Zoned OIMU - a flexible zoning which allows for a diverse set of uses
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
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