Bldg D 2204 Kausen Dr 10,844 SF 100% Leased Flex Building Elk Grove, CA 95758 $3,490,000 ($321.84/SF) 5.50% Cap Rate

This versatile flex-office property offers an excellent investment or owner-user opportunity within the well-regarded Laguna West Business Center in Elk Grove. Situated on ±0.82 acres of land, the ±10,844 square foot building is fully leased with two long-term tenants under NNN agreements. Its location provides easy accessibility via the I-5 freeway at the Laguna Boulevard exit and proximity to restaurants, retail, and other business amenities. The property’s modern single-story design and professional appearance make it an appealing workplace environment for tenants and visitors alike.
For investors, the property benefits from secure income through triple-net leases with Reach Adult Development and Gracie Jiu-Jitsu as its tenants. For potential owner-users, there is an option to occupy up to half of the building, as one of the current tenants is open to a lease buyout or cancellation. Elk Grove’s thriving commercial market, characterized by high rental demand and low vacancy rates, further enhances the value of this property as a strategic real estate asset.