Freestanding Office
For Sale
Contact for pricing
8109 Laguna Boulevard, Elk Grove, CA 95758
Freestanding office with reception, open work areas, private offices, and dedicated server room for professional and medical uses.
Property Size4,106 SF
Price / SF$389.43
Days on Market100
Property Features for 8109 Laguna Boulevard
General Information
Standard status
Active
Size
4,106 SF
Class
B
Property subtype
Office
Zoning
MP
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Listing Agency:
PDF Commercial
Listed By:
Paul Frank · License #01112160
(916) 714-8012
Source:
Crexi
Added: May 29
Changed: Aug 31
Last Checked: Sep 4 at 11:15PM
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 PDF Commercial
Investment Insights
Based on property information with market context.
8109 Laguna Blvd is a freestanding office property within Fountain Plaza. The existing improvements total approximately 4,106 square feet and include a foyer/reception area, two large open work areas, a kitchen/break area, a conference room, three private offices, and two private restrooms. Additional infrastructure includes a dedicated server room with separate split HVAC, enhanced secured access points, and a backup natural gas generator.
The property is positioned at the intersection of Big Horn Boulevard and Laguna Boulevard, providing corner exposure and strong accessibility within a primary commercial corridor in Elk Grove, California. It is also described as offering immediate access to Highway 99 and is within an area characterized by dense residential growth and established retail amenities.
The building is zoned MP per the City of Elk Grove, with a designation intended to accommodate professional office, administrative, medical, and business park type uses along major commercial corridors. The combination of functional office layout, private office/meeting space, and technology-focused improvements such as the dedicated server room and backup power supports a range of owner-user and professional tenant applications that benefit from operationally reliable space.
The property is positioned at the intersection of Big Horn Boulevard and Laguna Boulevard, providing corner exposure and strong accessibility within a primary commercial corridor in Elk Grove, California. It is also described as offering immediate access to Highway 99 and is within an area characterized by dense residential growth and established retail amenities.
The building is zoned MP per the City of Elk Grove, with a designation intended to accommodate professional office, administrative, medical, and business park type uses along major commercial corridors. The combination of functional office layout, private office/meeting space, and technology-focused improvements such as the dedicated server room and backup power supports a range of owner-user and professional tenant applications that benefit from operationally reliable space.
Key Highlights
- Freestanding office in the Fountain Plaza development with approx. 4,106 SF
- Corner location at the intersection of Big Horn Blvd and Laguna Blvd with strong traffic access
- Office layout includes foyer/reception, two large open work areas, kitchen/break area, conference room, and 3 private offices
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
$57,153
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
3.57%
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%
$1,143,060
$1.1M
Cap Rate 7%
$816,471
$816.5K
Cap Rate 9%
$635,033
$635.0K
Market Conditions
NOI Build-Up for 4,106 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
$91.2K $22.20/SF
− Vacancy
−$14.9K −$3.64/SF
EGI
$76.2K $18.56/SF
− OpEx
−$19.1K −$4.64/SF
NOI
$57.2K $13.92/SF
Area
Elk Grove, CA
Vacancy
16.40%
Lease Rate
$22.20 /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%
$1,143,060
Cap Rate 7%
$816,471
Cap Rate 9%
$635,033
Alternative Uses
Best Use
Office B
$816.5K
$714.4K – $952.6K
NOI $57,153 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$898.0K – $1.20M
NOI $71,838 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,728
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding office with reception, open work areas, private offices, and dedicated server room for professional and medical uses.
Where is this office building located?
The property is located at 8109 Laguna Boulevard Elk Grove, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Freestanding office in the Fountain Plaza development with approx. 4,106 SF; Corner location at the intersection of Big Horn Blvd and Laguna Blvd with strong traffic access; Office layout includes foyer/reception, two large open work areas, kitchen/break area, conference room, and 3 private offices
