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  5. ›WANTED TO LEASE BY THE STATE OF CALIFORNIA - Rancho Cordova

California Department of Technology·California

WANTED TO LEASE BY THE STATE OF CALIFORNIA - Rancho Cordova

Closes 9/18/2026$5M – $8MRequest for Expression of Interest
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Description

The State of California, through its Department of Technology, is seeking owners or authorized agents to lease approximately 32,167 net usable square feet of office space (plus required parking) within the defined boundaries of Rancho Cordova, Sacramento County. Submissions must demonstrate that the property is asbestos‑free, meets ADA, seismic, Title 24, and other California building code requirements, and preferably hold LEED or Energy Star certification. The solicitation is not for representation; it merely requests property details, a map, and the project number for evaluation. • Required space: ~32,167 sq ft office plus code‑compliant parking. • Must satisfy asbestos‑free, ADA, seismic safety, Title 24, and DVBE requirements. • Preference given to LEED/Energy Star certified buildings where cost‑effective. • Response due by September 18, 2026 via email or written mail to the listed address.

Attached files

Contact

Jennifer Ricci

[email protected]

(279) 946-8066

Key dates

Opened
9/3/2026
Closes
9/18/2026

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
0000040279

Budget estimate

$5,000,000 – $8,000,000

While the solicitation does not disclose rent rates, typical office rents in Rancho Cordova range from $2.5 to $4.0 per square foot per month. Applying this range to 32,167 sf yields an estimated monthly rent of $80,000 – $130,000, or $960,000 – $1.56 million annually. Assuming a standard 5‑year lease, total revenue could fall between roughly $5 million and $7.8 million. Therefore, a reasonable budget estimate for the client (as the property owner/lessor) would be in the low‑single‑million to high‑single‑digit‑million dollar range.

AI estimate from the solicitation

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