Second-Generation Restaurant with
For Sale
Contact for pricing
9699 Railroad St, Elk Grove, CA 95624
Second-generation restaurant offered as an NNN property with a built-out interior and a dedicated patio.
Property Size6,500 SF
Price / SF$446.15
Days on Market121
Property Features for 9699 Railroad St
General Information
Standard status
Active
Size
6,500 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Furnished
Yes
Listing Agency:
Turton Commercial Real Estate - Corporate
(916) 573-3300
Listed By:
Scott Kingston · License #01485640
(916) 573-3309
Source:
Moodyscre
Added: Jun 30
Changed: Oct 25
Last Checked: Oct 28 at 11:48AM
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 Turton Commercial Real Estate - Corporate
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Investment Insights
Based on property information with market context.
9700 Railroad Street is a ±6,500 SF second-generation restaurant built-out and furnished, with brand-new tenant improvements. The property also includes a ±2,455 SF patio and features historic architecture.
Located at 9699 Railroad St in Elk Grove, CA, the site is adjacent to townhomes and is near Dust Bowl Brewing, supporting an established nearby dining environment.
This NNN restaurant space is delivered ready for operation with existing improvements in place and a dedicated outdoor dining area.
Located at 9699 Railroad St in Elk Grove, CA, the site is adjacent to townhomes and is near Dust Bowl Brewing, supporting an established nearby dining environment.
This NNN restaurant space is delivered ready for operation with existing improvements in place and a dedicated outdoor dining area.
Key Highlights
- ±6,500 SF second‑generation restaurant with a built‑out interior and furnished setup
- NNN restaurant offering with a dedicated patio of ±2,455 SF
- New tenant improvements noted as brand‑new
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,485
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,649,700
$1.6M
Cap Rate 7%
$1,178,357
$1.2M
Cap Rate 9%
$916,500
$916.5K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$117.0K $18.00/SF
− Vacancy
−$7.0K −$1.08/SF
EGI
$110.0K $16.92/SF
− OpEx
−$27.5K −$4.23/SF
NOI
$82.5K $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 Rate 5%
$1,649,700
Cap Rate 7%
$1,178,357
Cap Rate 9%
$916,500
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.37M
NOI $82,485 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.90M
NOI $113,723 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 15%
Bank of America
Shops & Services
8,381 visits/mo
0.5 miles
Valero Energy
Shops & Services
5,196 visits/mo
0.4 miles
The Sandwich Spot
Dining
2,305 visits/mo
0.3 miles
Demographics for 95624, CA
66,575
Population
20,740
Households
3.2
Avg Household Size
39
Median Age
33%
College-Educated
89%
High-School Grad
45.6 sq mi
ZIP Area
1,460
Density / Sq Mi
$121,269
Median Household Income
$53,303
Median Earnings
$1,960
Median Rent
$603,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant offered as an NNN property with a built-out interior and a dedicated patio.
Where is this conventional restaurant located?
The property is located at 9699 Railroad St Elk Grove, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: ±6,500 SF second‑generation restaurant with a built‑out interior and furnished setup; NNN restaurant offering with a dedicated patio of ±2,455 SF; New tenant improvements noted as brand‑new
