Freestanding Industrial Flex
For Sale
Contact for pricing
9721 Kent Street, Elk Grove, CA 95624
2008-built concrete tilt-up industrial building with conditioned office, secured paved yard, and five grade-level roll-up doors.
Property Size15,400 SF
Lot Size1.05 Acres
Price / SF$323.38
Days on Market211
Property Features for 9721 Kent Street
General Information
Standard status
Active
Size
15,400 SF
Lot size
1.05 Acres
Property subtype
Industrial
Zoning
Multi Purpose (MP)
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
17 ft
Drive-In Doors
5
Heavy Power
Yes
Building Details
Year Built
2008
Stories
1
Listing Agency:
PDF Commercial
Listed By:
Paul Frank · License #01112160
(916) 714-8012
Source:
Crexi
Added: Mar 25
Changed: Oct 11
Last Checked: Oct 20 at 9:31PM
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
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Investment Insights
Based on property information with market context.
9721 Kent Street is a freestanding, concrete tilt-up industrial/flex building constructed in 2008. The property includes a conditioned and insulated office buildout paired with warehouse space, and the site features a fully paved, secured and gated yard suitable for operational storage, staging, and logistics.
The building is configured with five grade level roll up doors and provides approximately 17-foot clear height. Electrical service is listed at 800 amps (277/480 volt, 3 phase). The property is zoned Multi Purpose (MP) per the City of Elk Grove, a flexible designation that allows light industrial, warehousing, contractor services, office, and other compatible commercial uses.
With a long-term, owner-user oriented layout and a functional combination of conditioned office and warehouse space, the building supports a range of industrial operations within a highly sought-after Elk Grove industrial submarket. Access is described as excellent to Highway 99 and Interstate 5.
The building is configured with five grade level roll up doors and provides approximately 17-foot clear height. Electrical service is listed at 800 amps (277/480 volt, 3 phase). The property is zoned Multi Purpose (MP) per the City of Elk Grove, a flexible designation that allows light industrial, warehousing, contractor services, office, and other compatible commercial uses.
With a long-term, owner-user oriented layout and a functional combination of conditioned office and warehouse space, the building supports a range of industrial operations within a highly sought-after Elk Grove industrial submarket. Access is described as excellent to Highway 99 and Interstate 5.
Key Highlights
- 2008‑built freestanding concrete tilt‑up industrial building totaling about 15,400 SF on about 1.05 acres
- Layout includes about 5,200 SF office buildout and about 10,200 SF warehouse space, fully insulated and conditioned
- Warehouse features five grade‑level roll‑up doors and 17‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,225
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,904,500
$2.9M
Cap Rate 7%
$2,074,643
$2.1M
Cap Rate 9%
$1,613,611
$1.6M
Market Conditions
NOI Build-Up for 15,400 SF
Gross rent
$240.2K $15.60/SF
− Vacancy
−$16.8K −$1.09/SF
EGI
$223.4K $14.51/SF
− OpEx
−$78.2K −$5.08/SF
NOI
$145.2K $9.43/SF
Area
Elk Grove, CA
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,904,500
Cap Rate 7%
$2,074,643
Cap Rate 9%
$1,613,611
Alternative Uses
Best Use
Flex RnD
$2.07M
$1.82M – $2.42M
NOI $145,225 @ 7.0% cap · market cap 2.92%
Second Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,835 @ 7.0% cap · market cap 1.84%
Theoretical Best
Office A
$3.85M
$3.37M – $4.49M
NOI $269,435 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
17 ft
Clear height
5
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - 2008-built concrete tilt-up industrial building with conditioned office, secured paved yard, and five grade-level roll-up doors.
Where is this flex space located?
The property is located at 9721 Kent Street Elk Grove, CA.
What is the asking price?
The asking price for this property is $4,980,000.
What are key features of this property?
This property features: 2008‑built freestanding concrete tilt‑up industrial building totaling about 15,400 SF on about 1.05 acres; Layout includes about 5,200 SF office buildout and about 10,200 SF warehouse space, fully insulated and conditioned; Warehouse features five grade‑level roll‑up doors and 17‑foot clear height
