11167 TRADE CENTER DRIVE, RANCHO CORDOVA, CA
VALUE-ADD AND INFILL INDUSTRIAL
ACQUIRED IN JUNE 2022

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58,040 SF warehouse on 144,184 SF (3.31 acres) of land; 40% coverage

Well located, less than 1/2 mile from Highway 50 on/offramps in both directions and approximately 15 miles from downtown Sacramento, and 100 miles from San Francisco.

100% occupied and purchased at a very low basis, but with rents significantly below market rates. During first 6 months of ownership, two leases were signed at market rates. There are three other tenants in the building, representing upside when these leases expire in coming years.

Mirror image building next door has been renovated and is charging rents that are more than 50% higher than current rents at 11167 Trade Center.

Rancho Cordova and the greater Sacramento market continue to see a boom in industrial demand, and with very low vacancies and nominal new construction, particularly in infill locations close to Highways 50 and 80. Sacramento has become an increasingly attractive place to live (versus the Bay Area), given the cheaper cost of housing and living in general, proximity to the outdoors/Lake Tahoe, and a greater ability to work remotely brought on by Covid.