Starbucks 8306 Elk Grove Florin Rd 2,279 SF Retail Building Sacramento, CA 95829 $3,925,000 ($1,722.25/SF) 5% Cap Rate

The subject property is strategically positioned with excellent access & visibility at the signalized intersection of Elk Grove Florin Road (35,076 ADT), less than 2.5 miles from CA-99 (176,000 ADT). The property sits within the Promenade at Arbor Creek, which features two prominent, 21-foot pylon signs and synergistic tenants including McDonald’s, Monty’s Express Carwash, The Learning Experience, Western Dental, and AutoZone. The center has multiple access points from Elk Grove Florin Road as well as reciprocal access through the Dollar Tree to the south and Calvine Road, making it highly accessible and convenient.
The site is the closest drive-thru coffee to the new WildHawk master-planned community and golf club, which covers nearly 500 acres and will include a total of over 1,000 single-family homes, hundreds of multi-family units, parks, trail networks, and more upon completion. It is within the Vineyard Spring Comprehensive Plan, which includes a total of nearly 6,000 units.
Elk Grove, located 15 miles south of Sacramento, is home to more than 170,000 residents. The city is recognized for its award-winning school district, prosperous business community, relative affordability within California, and overall high quality of life. Notable employers include Apple, Kaiser Permanente, Frontier Communications, AllData, and others.
Sacramento, California’s rapidly expanding capital, anchors one of the state’s fastest-growing metro areas. The city sits along the Sacramento River, which is the longest river in the state, and continues to attract both population growth and investment.