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Property profile & analytics
OFF-MARKET
Commercial real estate

11111 Elk Grove Blvd Elk Grove, CA 95758

1,172 SF Built 2023
Property ID
Property summary
AI-generated overview

Prime Elk Grove, CA location in a busy shopping center anchored by Raley's and Starbucks, ensuring high foot traffic. This thriving 1,172 square foot business, built in 2023, is offered at $99,000. The current owner invested over $280,000 in tenant improvements. The lease has a remaining term of approximately 2.2 years, expiring February 11, 2027, with a 3% annual rent increase. Current rent is $3,423 plus NNN. The shop is currently franchised but can be converted to a different concept with franchisor approval, presenting a unique opportunity for a new owner to establish their own brand or continue with the existing model. This is an assets-only sale, representing a compelling investment opportunity in a high-demand market. The business is ready for immediate operation, offering a turnkey solution for an entrepreneur seeking a profitable venture. The property's location within a successful shopping center guarantees excellent visibility and accessibility, maximizing potential for customer engagement and revenue generation. This is a rare chance to acquire an established business with significant upside potential in a desirable California market. The asking price of $99,000 represents a strong value proposition, considering the substantial investment already made in tenant improvements and the prime location.

Property profile
Verified
Property type Commercial real estate
Year built 2023
Total area 1,172 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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