CBRE, Inc. is pleased to present this multi-tenant industrial property in the heart of the burgeoning Rancho Cordova submarket for sale. Current rents are estimated at around 12% below market and Class B light industrial sits at only 3.2% vacancy. These figures and lack of new infill industrial construction make this highly desirable and capable of both higher rents and property values in the near term. This property is +/- 45,000 SF, approximately 375’ x 120’. There are a total of two tenants currently, and the property is 94% leased. The balance(+/- 2,735 SF) is owner-occupied and will be vacated upon close of escrow, giving an investor flexibility and the ability to capture additional NOI. This asset is priced attractively at approximately $125 per square foot. This is notable given that we estimate replacement cost for the property to be north of $250 per square foot. Given this cost and other factors, vacancy rates for the foreseeable future will remain low and new competing projects will be limited and existing real estate such as this will remain valuable and in demand 1,000a/270 - 480v 3p (Buyer to independently verify) City of Rancho water and sewer Zoning M-1- City of Rancho Cordova