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34225427
34225430

3330 Data Drive, Rancho Cordova, CA 95670 For Sale

TB
CA 01927167
Kidder Mathews Sacramento
KS
CA 0936093, CA 00936093
Kidder Mathews Sacramento
Listed by Kidder Mathews Sacramento
$4,000,000
12 days on market
Updated 12 days ago

3330 Data Drive - O/U Sale

Details
APN 072-0690-082
Property Type Office
Sub Type Traditional Office, Medical Office (+1)
Square Footage 32,355
Tenancy Multi
Price per SqFt $124
Year Built 1988
Buildings 1
Stories 1
Acreage 2.920
Zoning OPMU
Parking Spaces 129 spaces
Parking per 1,000 SqFt 3.99
Investment Type Owner/User
Tenant Credit Credit Rated

Owner/User play w/Big Rent

Marketing description

3330 Data Drive is a 32,355 SF building located within an established Rancho Cordova business corridor and presents an outstanding ownership proposition: acquire your own facility, control your real estate costs long-term, and have a creditworthy national tenant offsetting the majority of your debt service from day one.

This building is home to Sedgwick Claims Management Services occupying 21,561 SF, one of the world's largest third-party claims management companies, serving Fortune 500 clients across the globe.

This exceptionally well-maintained office building offers a rare opportunity for an Owner/User to occupy ±11,194 SF while collecting substantial rent from Sedgwick — a nationally recognized tenant that has been committed to the property since October 2011 and has renewed its lease through May 2029 with a 5-year option to renew.

At 75% LTV financing, the numbers tell a compelling story — Sedgwick's monthly rent of $42,475 works significantly in the Owner/User's favor, effectively subsidizing occupancy costs and making ownership highly competitive with leasing comparable space elsewhere in the market.

Investment highlights

  • Excellent freeway access
  • Building has been well maintained
  • Excellent parking
  • Location close to Rancho Cordova City Hall
  • Restrooms have been updated and renovated
  • Located close to restaurants and hotels
  • Perfect location for non-profit, real estate company, public offices, educational use
  • Priced well below replacement cost

Listing Contacts

TB
CA 01927167
Kidder Mathews Sacramento
KS
CA 0936093, CA 00936093
Kidder Mathews Sacramento
Listed by Kidder Mathews Sacramento

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