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Lake Natoma Office Park

Off-Market

1900 Alabama Avenue, Rancho Cordova, CA 95742

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 96,000 SF
  • Lot Size 10.25 Acre
  • Parking Spaces Avail. 441
  • Parking Ratio 4.60/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Gold
  • Building Class B
  • Year Built 1984

Location

  • City Rancho Cordova, CA
  • Zip Code 95742
  • Market Sacramento

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 24 May, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date

Market Trends

Average Actual Rents in Rancho Cordova

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Rancho Cordova Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.54
  • 2020 Office Vacancy Rate 18.10%
  • 2020 Office Completions (SF)

Rancho Cordova Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $180.31
  • Y-o-Y Avg. PpSF Change 10.87%
  • 2020 Office Sales Volume $89.4M
  • 2020 Number of Transactions 6
View more Rancho Cordova market trends

Tax

  • Property Tax in 2021-2022 $121,388
  • Market Value* $8,354,893
  • Assessed Value $8,354,893

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Lake Natoma Office Park?

Lake Natoma Office Park totals 96,000 square feet.

When was this property built?

Lake Natoma Office Park was built in 1984.

When was Lake Natoma Office Park last sold?

Lake Natoma Office Park was last sold on 24 May, 2021.

What is the property tax for Lake Natoma Office Park?

The property tax for Lake Natoma Office Park in 2021-2022 was $121,388.

What is the market value for Lake Natoma Office Park?

The market value* for Lake Natoma Office Park in 2021-2022 was $8,354,893.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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