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Investment Highlights
- Income-Producing Condo Ownership
- Outdoor Patio Advantage
- Strong Demographics & Employment Drivers
- Turn-Key Restaurant Infrastructure
- High-Traffic Signalized Location
- Established Local Tenant Presence
Executive Summary
Main Street Plaza anchors the signalized corner of Laguna Blvd and Laguna Main St in Elk Grove, where 31,882 vehicles pass daily. Monument signage on Laguna Blvd gives tenants visibility that inline retail can't match. Surface parking serves the center directly in front of the storefronts. The 3-mile trade area holds 85,580 residents at a $120,655 average household income, expanding to 260,267 residents within five miles. Apple's Elk Grove campus and Cosumnes River College are minutes away, layering daytime employment and student traffic onto a dense residential base.
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 119-1110-093-0003 |
| Cap Rate | 6.76% |
| Sale Type | Investment |
| Cap Rate | 6.76% |
| APN/Parcel ID | 119-1110-093-0003 |
Description
A turnkey restaurant suite with a full commercial kitchen in place: Type I hood system, grease trap, and two separate walk-in cold storage rooms. The layout splits into a main dining lounge and a second linear lounge along the frontage, with a dedicated cashier station between the dining area and the kitchen. A private office, two restrooms, and a covered porch round out the interior. Outside, ±1,050 SF of patio extends seating capacity and supports multiple dayparts.
Sale Notes
A NNN-leased restaurant condo occupied by StreetZlan, a chef-driven Mexican street food concept with 16,000+ Instagram followers and 114+ Google reviews. Annual rent of $66,206 plus NNN begins August 15, 2026, escalating 4% annually through lease expiration on August 14, 2028, with one five-year renewal option at fair market value. The pricing reflects a 6.76% return. Passive ownership behind an established operator with a genuine regional following. Priced at $980,000 ($599 PSF).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 1,636 SF | Retail | $980,000 ($599.02/SF) | $66,248 |
Unit 2
| Unit Size |
| 1,636 SF |
| Condo Use |
| Retail |
| Price |
| $980,000 ($599.02/SF) |
| NOI |
| $66,248 |
1 of 2
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Unit 2
| Unit Size | 1,636 SF |
| Condo Use | Retail |
| Price | $980,000 ($599.02/SF) |
| NOI | $66,248 |
| Sale Type | Investment |
| Cap Rate | 6.76% |
| APN/Parcel ID | 119-1110-093-0003 |
| Description | |
| A turnkey restaurant suite with a full commercial kitchen in place: Type I hood system, grease trap, and two separate walk-in cold storage rooms. The layout splits into a main dining lounge and a second linear lounge along the frontage, with a dedicated cashier station between the dining area and the kitchen. A private office, two restrooms, and a covered porch round out the interior. Outside, ±1,050 SF of patio extends seating capacity and supports multiple dayparts.</li></ul> | |
| Sale Notes | |
| A NNN-leased restaurant condo occupied by StreetZlan, a chef-driven Mexican street food concept with 16,000+ Instagram followers and 114+ Google reviews. Annual rent of $66,206 plus NNN begins August 15, 2026, escalating 4% annually through lease expiration on August 14, 2028, with one five-year renewal option at fair market value. The pricing reflects a 6.76% return. Passive ownership behind an established operator with a genuine regional following. Priced at $980,000 ($599 PSF).</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,200 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,686 SF |
| Property Subtype | Restaurant | Year Built | 1997 |
| Building Class | C | Parking Ratio | 11.17/1,000 SF |
| Zoning | LC - Light Commercial | ||
| Total Building Size | 7,200 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Restaurant |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,686 SF |
| Year Built | 1997 |
| Parking Ratio | 11.17/1,000 SF |
| Zoning | LC - Light Commercial |
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| StreetZlan Restaurant |
99,999 SF SF
|
Jan 0000
|
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Matterport 3D Exterior
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Street
Map
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9080 Laguna Main St
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