Flex Space with Paved
For Sale
Contact for pricing
2990 Sunrise Blvd, Rancho Cordova, CA 95742
Commercial flex property with a fenced outdoor yard, showroom, office area, and divisibility for smaller users.
Property Size9,864 SF
Price / SF$223.03
Days on Market199
Property Features for 2990 Sunrise Blvd
General Information
Standard status
Active
Size
9,864 SF
Property subtype
INDUSTRIAL
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Kidder Mathews | Sacramento
(916) 504-2564
Listed By:
Peter Winterling · License #00992375
Source:
Moodyscre
Added: Feb 13
Changed: Aug 31
Last Checked: Aug 31 at 12:42AM
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 Kidder Mathews | Sacramento
Investment Insights
Based on property information with market context.
This 9,864-square-foot flex property combines indoor commercial space with a fenced, paved yard area. The building includes an existing showroom and office area, providing a functional mix of customer-facing and administrative space within the larger facility.
Frontage along Sunrise Blvd adds direct exposure to the roadway. The property can be divided to approximately ±5,000 SF, creating flexibility for users seeking a smaller footprint while retaining the site's established improvements.
Frontage along Sunrise Blvd adds direct exposure to the roadway. The property can be divided to approximately ±5,000 SF, creating flexibility for users seeking a smaller footprint while retaining the site's established improvements.
Key Highlights
- 9,864 SF flex space
- Frontage along Sunrise Blvd
- Fenced and paved yard area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$149,457
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,989,140
$3.0M
Cap Rate 7%
$2,135,100
$2.1M
Cap Rate 9%
$1,660,633
$1.7M
Market Conditions
NOI Build-Up for 9,864 SF
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.
Gross rent
$259.2K $26.28/SF
− Vacancy
−$29.3K −$2.97/SF
EGI
$229.9K $23.31/SF
− OpEx
−$80.5K −$8.16/SF
NOI
$149.5K $15.15/SF
Area
Sacramento County, CA
Vacancy
11.30%
Lease Rate
$26.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,989,140
Cap Rate 7%
$2,135,100
Cap Rate 9%
$1,660,633
Alternative Uses
Best Use
Flex RnD
$2.14M
$1.87M – $2.49M
NOI $149,457 @ 7.0% cap · market cap 6.79%
Second Best
Industrial
$890.1K
$778.9K – $1.04M
NOI $62,309 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $183,947 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95742, CA
16,260
Population
4,941
Households
3.3
Avg Household Size
35
Median Age
52%
College-Educated
95%
High-School Grad
50.4 sq mi
ZIP Area
323
Density / Sq Mi
$154,602
Median Household Income
$72,898
Median Earnings
$2,481
Median Rent
$616,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial flex property with a fenced outdoor yard, showroom, office area, and divisibility for smaller users.
Where is this flex space located?
The property is located at 2990 Sunrise Blvd Rancho Cordova, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 9,864 SF flex space; Frontage along Sunrise Blvd; Fenced and paved yard area
