Equipped Conventional
For Sale
$275,000
5030 laguna Boulevard, Elk Grove, CA 95758
Established restaurant with dine-in, takeout, delivery, and a fully equipped commercial kitchen in a retail center.
Property Size1,300 SF
Price / SF$211.54
Days on Market188
Property Features for 5030 laguna Boulevard
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial/Industrial
Additional Details
Business Included
Yes
Listing Agency:
Golden State Realty
(510) 453-1248
Listed By:
Sonia Heer · License #01504426
(510) 453-1248
Source:
Exitrealty
Added: Feb 22
Changed: Aug 29
Last Checked: Aug 29 at 6:37PM
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 Golden State Realty
Investment Insights
Based on property information with market context.
This conventional restaurant includes dine-in service, takeout, and third-party delivery already in place. The operation features a fully equipped commercial kitchen and an efficient layout designed for day-to-day restaurant use. The established concept is supported by an existing customer base, while the current setup accommodates hands-on ownership.
The restaurant occupies space in a retail center at 5030 Laguna Boulevard in Elk Grove, California. The center is described as having high traffic, strong visibility, and ample parking, with surrounding residential and commercial activity. Existing operations also include opportunities identified in the property information for local marketing, catering, and extended hours.
The restaurant occupies space in a retail center at 5030 Laguna Boulevard in Elk Grove, California. The center is described as having high traffic, strong visibility, and ample parking, with surrounding residential and commercial activity. Existing operations also include opportunities identified in the property information for local marketing, catering, and extended hours.
Key Highlights
- Fully equipped commercial kitchen
- Dine‑in, takeout, and third‑party delivery options in place
- Located within an Elk Grove retail center
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,497
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,940
$329.9K
Cap Rate 7%
$235,671
$235.7K
Cap Rate 9%
$183,300
$183.3K
Market Conditions
NOI Build-Up for 1,300 SF
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.
Gross rent
$23.4K $18.00/SF
− Vacancy
−$1.4K −$1.08/SF
EGI
$22.0K $16.92/SF
− OpEx
−$5.5K −$4.23/SF
NOI
$16.5K $12.69/SF
Area
Elk Grove, CA
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,940
Cap Rate 7%
$235,671
Cap Rate 9%
$183,300
Alternative Uses
Best Use
Specialty Retail
$235.7K
$206.2K – $275.0K
NOI $16,497 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$204.7K
$179.1K – $238.8K
NOI $14,328 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$324.9K
$284.3K – $379.1K
NOI $22,745 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
158k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 29%
Shops & Services 24%
Electronics 1%
Safeway
Groceries
43,890 visits/mo
0.1 miles
Bel Air
Groceries
30,046 visits/mo
0.1 miles
Jack in the Box
Dining
17,379 visits/mo
0.2 miles
Wells Fargo
Shops & Services
11,793 visits/mo
0.1 miles
Bank of America
Shops & Services
10,874 visits/mo
0.1 miles
Demographics for 95758, CA
64,517
Population
22,755
Households
2.8
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
13.6 sq mi
ZIP Area
4,744
Density / Sq Mi
$115,146
Median Household Income
$57,489
Median Earnings
$2,178
Median Rent
$558,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant with dine-in, takeout, delivery, and a fully equipped commercial kitchen in a retail center.
Where is this conventional restaurant located?
The property is located at 5030 laguna Boulevard Elk Grove, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Fully equipped commercial kitchen; Dine‑in, takeout, and third‑party delivery options in place; Located within an Elk Grove retail center
