Flex Space with Two Roll-Up
3215 Prospect Park Dr Rancho Cordova, CA 95670
For Sale
Contact for pricing
Flex space offering 14–16' clear height, 9' office grid, insulated roof deck, and 8x10 roll-up loading.
Property Size105,000 SF
Price / SF$75.99
Days on Market785
Property Features for 3215 Prospect Park Dr
General Information
- Standard status
- Active
- Size
- 105,000 SF
- Property subtype
- OFFICE
Listing Agency:
Cushman & Wakefield | Sacramento
(916) 288-4801
Listed By:
Ron Thomas
(916) 288-4801
Source:
Moodyscre
Added: May 30, 2024
Changed: Jul 23
Last Checked: Jul 23 at 12:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Sacramento
Investment Insights
Based on property information with market context.
This flex space includes a high-clearance warehouse environment with 14'–16' clear height that is stated as adequate for life science uses, along with a 9' office ceiling grid height. The building features an insulated roof deck and sprinkler density of 0.210 GPM PSF over 1,500 SF. Interior improvements include a full commercial kitchen and multi-stall restrooms totaling eight (8) and 30 toilets.
Loading is supported by a loading dock with two (2) 8' x 10' roll-up doors. An on-site diesel generator rated at 800 kW is included with ATS equipment in place. Parking is provided at a 6:1,000 SF ratio, and building and monument signage are available. The property is located at 3215 Prospect Park Dr in Rancho Cordova, CA 95670.
Loading is supported by a loading dock with two (2) 8' x 10' roll-up doors. An on-site diesel generator rated at 800 kW is included with ATS equipment in place. Parking is provided at a 6:1,000 SF ratio, and building and monument signage are available. The property is located at 3215 Prospect Park Dr in Rancho Cordova, CA 95670.
Key Highlights
- 14'–16' clear height for life science uses
- 9' office ceiling grid height
- Insulated roof deck
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.01M | $9.60 |
| − Vacancy | −$60.5k | −$0.58 |
| EGI | $947.5k | $9.02 |
| − OpEx | −$284.3k | −$2.71 |
| NOI | $663.3k | $6.32 |
105,000 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$23.46M
$20.53M – $27.37M
NOI $1,642,108 @ 7.0% cap · market cap 20.58%
Second Best
Flex RnD
$22.73M
$19.89M – $26.52M
NOI $1,590,932 @ 7.0% cap · market cap 19.94%
Theoretical Best
Office A
$27.97M
$24.48M – $32.63M
NOI $1,958,070 @ 7.0% cap · market cap 24.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marco L. Gonzales, ...
Pharmacy
Dignity Health & Services
Medical Billing Service
FAQs
What type of property is this?
Office building - Flex space offering 14–16' clear height, 9' office grid, insulated roof deck, and 8x10 roll-up loading.
Where is this office building located?
The property is located at 3215 Prospect Park Dr Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $7,979,000.
What are key features of this property?
This property features: 14'–16' clear height for life science uses; 9' office ceiling grid height; Insulated roof deck
