Two-Tenant NNN Retail Investment Highway
10299 East Stockton Boulevard Elk Grove, CA 95624
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For Sale
Contact for pricing
Fully leased two-tenant NNN retail investment with Highway 99 visibility and a 2003 build year.
Property Size13,869 SF
Price / SF$317.25
Days on Market7
Property Features for 10299 East Stockton Boulevard
General Information
Standard status
Active
Size
13,869 SF
Property subtype
Retail
Building Details
Year Built
2003
Listing Agency:
Northgate Commercial
(925) 203-1106
Listed By:
Chris Santana · License #CA 01868378
Source:
Crexi
Added: Jul 24
Changed: Jul 29
Last Checked: Jul 29 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northgate Commercial
Investment Insights
Based on property information with market context.
This is a fully leased two-tenant NNN retail investment. The property is offered as an NNN retail asset and is configured to serve two tenants under a net lease structure. The building was constructed in 2003 and totals 13,869 SF.
A key feature is Highway 99 visibility, supporting retail exposure from the adjacent roadway.
For buyers seeking a stabilized, two-tenant NNN retail product, this offering combines a defined tenant count with highway-facing visibility and a relatively recent construction year of 2003.
A key feature is Highway 99 visibility, supporting retail exposure from the adjacent roadway.
For buyers seeking a stabilized, two-tenant NNN retail product, this offering combines a defined tenant count with highway-facing visibility and a relatively recent construction year of 2003.
Key Highlights
- Fully leased two‑tenant NNN retail investment
- Highway 99 visibility
- 13,869 SF total building size
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $236.3k | $17.04 |
| − Vacancy | −$18.0k | −$1.30 |
| EGI | $218.4k | $15.74 |
| − OpEx | −$65.5k | −$4.72 |
| NOI | $152.9k | $11.02 |
13,869 SF · lease $17.04/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.55M
NOI $152,857 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.04M
NOI $242,649 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - Fully leased two-tenant NNN retail investment with Highway 99 visibility and a 2003 build year.
Where is this nnn property located?
The property is located at 10299 East Stockton Boulevard Elk Grove, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Fully leased two‑tenant NNN retail investment; Highway 99 visibility; 13,869 SF total building size
