2870 Kilgore Road - Designed for Innovation - Cushman & Wakefield
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For Sale or Lease
2870 Kilgore Road
Rancho Cordova, 95670
±75,626 SF Lab / Clean Room / R&D Building
Available 1/1/2022
Designed for Innovation.
FOR LEASING INFORMATION, PLEASE
CONTACT:
QR CODE
Proudly Leased and Managed by
PLACE
Ron Thomas, SIOR Ben Corfee 400 Capitol Mall Suite, 1800
HOLDER
ron.thomas@cushwake.com ben.corfee@cushwake.com Sacramento, CA 95814
CA License # 01193241 CA License #01193241 +1 916 288 4800
2870 Kilgore Road is A singular opportunity with a multitude
positioned for big ideas.
of use cases, 2870 Kilgore Road will
be primed and ready for occupancy in
January 2022. Not only does this 75,626
sq. ft. standalone concrete tilt-up build-
ing offer design versatility, but it’s also
advantageously positioned in Rancho
Cordova. With a strong employment base
and impressive tax incentives, this is an
opportunity you don’t want to miss.
.
2
Key Advantages.
Design Versatility
2870 Kilgore Road is currently configured for Lab / Clean Room / R&D with clean rooms
comprising 23% of the gross building area. All of the clean rooms are either ISO 8 Certified or
formerly ISO 8 Certified. The decommissioned clean rooms can easily regain certification with
minimal improvements.
2870 Kilgore Road is also a prime opportunity for a Life Sciences conversion and it is already
equipped with the following assets:
1. 2. 3.
Group B Occupancy, fully Interior clear height is Multiple entries suitable
sprinklered building, suit- approximately 14ft to for multi-tenant plan.
able for life science uses. 16ft and is adequate for
life science uses.
4. 5. 6.
Core restrooms and 2,400A 408/277V Sewer service at 6” is
existing rated corridors electrical service should ample for the proposed
suitable for multi-tenant be ample power for life life science uses.
plan, if reused. science use.
7. 8. 9.
Water service at 2” is Loading dock and Front office areas are
ample for the proposed central warehouse for fairly new and functional
life science uses. deliveries. for a “front of house” use.
.
3
Key Advantages.
Economic Incentive Programs offer by City of Rancho Cordova
Each project will be reviewed on a case by case basis
Business Fee Assistance Economic Development Grants Job and Talent Attraction Program
Business fee assistance Economic development grant awards up to $50,000. Must create at least 20 net new full-time equivalent jobs
awards will depend upon Special requests over $50,000 may be considered but to receive $5,000 per job in incentives with a maximum
the benefits of each project must clearly demonstrate significant financial and of award of up to $100,000 per company.
as well as the availability of economic benefits to the City. Requests over $50,000 will
designated funds. require approval by the economic development committee. To receive incentives per job, average wage criteria must
be 125% of average wage in the City of Rancho Cordova.
Economic Development Grants may be used for needs like: Currently the City’s average wage is $56,400. 125% of
• Rental assistance the average wage would be at least $70,500. Industries
• Equipment and furnishings in the City with wages above $70,500 include advanced
• Marketing manufacturing, management and professional services
• Promotion of grand opening activities and government.
• Other items related to the opening, expanding, or lo-
cating of the business in the city as may be approved Companies should be post-revenue or have recently
by the city secured a Series A or successive round of funding that is
sufficient to sustain capital and operating expenses.
Learn more.
Job and Talent Economic
Attraction Program Incentive Program
4 .
Thoughtfully Designed
As Built.
Clean Room Clean Room
Property Details. • Fully sprinklered
• Back-up generator in-place
• Clear height 14’-16’
• 1 Loading Dock
• Power: 2,400 A 408 / 277V
• Parking: 3.72 / 1,000 SF
• Year Built: 1996
• Total SF: 75,626 sq. ft.
.
5
Thoughtfully Designed
Lab Build Out. 99 Number of
assigned seats 214 Approx RSF per
assigned seat
Individual Spaces | Provided Seat Count
Workstations 6FT 84
Enclosed Office 15
Collaborative Spaces | Provided
Focus Room-1P 4
Focus Room-2P 1
Huddle Room-4P 3
Team Room-5P 1
Meeting Room-6-8P 2
Meeting Room-10P 2
Meeting Room-16P 1
Presentation Room-18P 1
Perch-6P 2
Support + Wellbeing Spaces | Provided
Lounge 3
Hydration Station 1
Cafe 1
Trade Show Booth Area 1
Concierge/Greeting 1
2870 KILGORE ROAD
1ST FLOOR – LIFE SCIENCE
OVERALL FLOOR PLAN
REVISION # 01
TOTAL APPROX. RSF: 75,000 Wellness Room 1
RANCHO CORDOVA, CA 95670 MAY 2021
Mother’s Room 1
Storage 2
IDF Room 1
Copy-Print-Supply Point 1
Copy-Print-Supply Room 1
Mail Room 1
.
Cushman & Wakefield | Planning Services
0
6
From Work to Play in Just Minutes.
• Staples
1 • Wendy’s
• The Home Depot
Robertson Avenue
• Taco Bell
2
Walnut Avenue
• Togo’s Great Sandwiches
California Avenue
rd
Marconi Avenue
uleva
Garfield Avenue
se B o
Fair Oaks Boulevard
• Costco
3
Sunri
d
• McDonald’s
a
Ro
ive
a
m
• Carl’s Jr
Dr
lo
El Camino Avenue
Co
or
ad
• Starbucks
ss
ba
ive
e
Am
riv
2870 Kilgore Road.
r
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ntile D
de
an Mc
nf Gr e
Zi
Merca
eg
iv
or
• Chili’s
Dr
r
nte
Ce
4
Dr
de
ive
Tra
• Lowe’s
• FedEx
1 • The Habit
6 2
• Panera
ard 5 • Starbucks
Kilgore Road
u lev
Bo
om
Fo
ls • Rubio’s
Zinfande
y
Wa ck Road
ga White Ro
la
Ma
l Drive
RANCHO White
Rock Road
• Target
CORDOVA 3 5 • Chipotle
Within 5 Minutes: • The Golden 1
4 • Jamba Juice
16
e
Driv
nal • Panda Express
Data Drive
io
Road
nat
ter ive
In Dr • 99¢ Only
Hotels \ Inns
e
ion
qu
ro
Ma
tat
Ba
• AmPm
ls S
th
e
Mil
rF
• Rubio’s
iel
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Ro
d
a
• AutoZone
95
• USPS
Routier Road
50
x • Ross Dress for Less
Restaurants
Whitehead StreetStree
• Jiffy lube
Von Karman
r Boulevard
Mathe
dy Avenue • Bank of America
6
ad
Ro ea
Ma c r
57
ille y
cerv
er
W
a
• WalMart Supercenter
Bradshaw Road
Pla
t
p
Ol
d
em
Tr
u • Safeway
Retail Douglas Road
.
7
Convenience & Accessibility.
Sacramento International Airport
ROSEVILLE
• 30 minutes
• 25.6 miles
x
80
Downtown Sacramento
SACRAMENTO
INTERNATIONAL • FOLSOM
20 minutes
AIRPORT • 15.2 miles
SACRAMENTO
MCCLELLAN AIRPORT
x
5
x
80
NATOMAS
2870 Kilgore Road.
50
x
SACRAMENTO
CBD RANCHO
CORDOVA
50
x MATHER
AIRPORT
x
5
8.
Why Sacramento.
Area Overview Sacramento in the Headlines
Located approximately 75 miles northeast of San Francisco, the Greater Unemployment as of 2.2% average annual
Sacramento region, consisting of El Dorado, Placer, Yolo, and Sacramento March 2021 is 7.4% employment growth in
counties, is one of California’s most vibrant economic centers. Situated the past 5 years
at the intersection of Interstate 80 and Interstate 5, and surrounded by
the Sacramento Valley to the north and San Joaquin Valley to the south,
Current population Market-wide office
Sacramento lies in the center of one of the world’s richest agricultural
is 2.6 million vacancy below 8.1%
regions.
As the Capital of California, both the City of Sacramento and the outer
Second ranked MSA 29,091 people moved
suburbs benefit from a strong governmental presence. Government
(U.S. metro statistical from the Bay Area to
employment makes up more than 25% of the jobs in the region and much
area) among Redfin Greater Sacramento -
of the State’s $180+ billion budget flows through Sacramento in some form.
users searching outside more than Denver, Austin
In addition to government-related industries, over the past two decades
of immediate market & Seattle combined
Sacramento has become increasingly attractive to private sector industries
including technology, life sciences, education, and healthcare, which have
been drawn to the region’s high quality workforce, lower cost of living, lack
of seismic activity, and extensive infrastructure connecting it easily to other
metropolitan areas throughout the West Coast.
Demographics TOP 10
Top # of Local
2021 Summary 1 Mile 3 Miles Employers Employees
1. Kaiser Pemanente 17,538
Population 23,576 144,014 2. Sutter Health 15,505
3. Dignity Health 7,000
Households 12,864 64,050 4. Intel 6,200
5. Raley’s Inc. 5,574
Median Age 38.50 38.30 6. Apple Inc. 5,000
7. Safeway 3,544
Median Household Income $63,464 $64,792 8. Health Net, Inc. 3,300
9. PG&E 2,862
Daytime Employees 50,283 170,553
10. VSP Global 2,844
Population Growth ‘20-’25 +4.85% +4.45%
O Household Growth ‘20-’25 +4.78% +4.48%
9 .
Why Sacramento.
Great Housing Value Greater Sacramento Figures
Sacramento was the most popular migration destination
this year, with more than half of home searches from buyers $435,000 $1,800 1%
outside the area. Affordability has made Sacramento a Median Home Median Rent Rate for Capped California
desirable location for many looking to move. The region Price in the Area Millennial Neighborhoods Property Tax
continues to rank in the top 5 for net inflow based on
searches made through Redfin’s website. Lower housing
costs and property tax rates maximize value. The cost- Sacramento was the Most Popular
effective housing options are why Sacramento is one of the
most popular cities for millennials and transplants.
Migration Destination in 2020.
Urban Sacramento
Median Home Price by Metro
Approximately 30% of downtown and midtown residents are aged 25-34. Downtown
Below shows the median home price and the average cost of
and midtown has a similar urban density to popular streets and neighborhoods in
property taxes.
Portland and Austin
Property Tax Median Home Price
$8,944 San Jose $1,200,523
Most Popular Suburban Residential Areas
$7,272 San Francisco $1,120,498
$5,180 Seattle $543,523
$2,715 Denver $448,001
$3,654 Greater Sac $435,548
$4,490 Portland $426,019
$2,779 Salt Lake City $391,450 East Sacramento Roseville Folsom
2br/1ba | 1,300 SF 3br/2.5ba | 1,800 SF 3br/2ba | 1,800 SF
$6,296 Austin $349,1 69
±$435,000 ±$436,000 ±$580,000
Sources.
https://www.prnewswire.com/news-releases/sacramento-was-the-most-popular-migration-destination-in-july-with-more-than-half-of-home-searches-from-buyers-outside-the-area-301120128.html
Redfin Q2 2020
.
Realtor.com active listings May 13,2020; Zillow April 2020; Zillow Rents April 2020; Smart Asset Mortgage Calculator by State 2020
EMSI Economic Modeling, MigrationPolicy.org 10Why Sacramento.
Talent & Education
A bright future for talent— more than
384,000 Students.
384,000 students are enrolled in a four-
year university within a 100-mile radius of
Greater Sacramento.
Source.
National Center for Educational Statistics,
College Navigator
12.74% of the region’s 79,000 technical-
skilled employees attended California
State University Sacramento and 10.44%
attended UC Davis.
Source.
EMSI 2020
.
11Why Sacramento.
Graduate Population
Below is the percentage of employees with a four-year science,
±79,000 Skilled Tech & Life Science
Employees in Greater Sacramento.
technology, engineering and math (STEM) degree. For the pop-
ulation with STEM-related bachelor degrees, Greater Sacramento
ranks as #5 in the West and #8 among the largest 50 MSA’s in the People with TECH SKILLS People with LIFE SCIENCE SKILLS
country.
Software Engineering 11,200 Biology 5,300
METRO % OF POPULATION WITH STEM DEGREES C++ Programming 10,900 Chemistry 4,000
San Jose, CA Automation 10,000 Biotechnology 3,300
San Francisco, CA C Programming 9,400 Molecular Biology 2,300
Seattle, WA Java Programming 9,200 Microbiology 1,600
Greater Sacramento 53% of the population SQL Programming 8,800 Genetics 1,300
Reno, NV
San Diego, CA
Portland, OR
Salt Lake City, UT
Denver, CO
Austin, TX
Los Angeles, CA
Phoenix, AZ
Kansas City, MO
0% 70%
12.For Sale or Lease
2870 Kilgore Road
Rancho Cordova, 95670
±75,626 SF Lab / Clean Room / R&D Building
Available 1/1/2022
Designed for Innovation.
View Site Specific COVID-19 Prevention Plan
©2021 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS
OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS,
OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO
UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE
FOR LEASING INFORMATION, PLEASE
CONTACT:
QR CODE
Proudly Leased and Managed by
PLACE
Ron Thomas, SIOR Ben Corfee 400 Capitol Mall Suite, 1800
HOLDER
ron.thomas@cushwake.com ben.corfee@cushwake.com Sacramento, CA 95814
CA License # 01193241 CA License #01193241 +1 916 288 4800You can also read
