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9080 Laguna Main St 1,636 SF Retail Condo Unit Offered at $980,000 in Elk Grove, CA 95758
Investment Highlights
- NNN Lease — Passive, single-tenant investment with 4% annual rent bumps through 2028.
- National TV Exposure — Tenant featured on Diners, Drive-Ins and Dives.
- Affluent Trade Area — $120,655 avg. HH income, ±85,000 residents within 3 miles.
- Signalized Hard Corner — ±31,882 ADT at Laguna Blvd & Laguna Main St.
- Turnkey Buildout — Type I hood, grease trap, and cold storage already in place.
- Apple Campus Nearby — Elk Grove Apple operations steps away drive weekday traffic.
Executive Summary
Main Street Plaza sits on a signalized hard corner at Laguna Blvd and Laguna Main St, carrying ±31,882 vehicles daily past the property's monument signage. The trade area is affluent, with ±85,000 residents and $120,655 average household income within 3 miles, and Apple's Elk Grove campus sits steps away, anchoring weekday daytime demand.
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
Suite #2 is a turnkey restaurant buildout spanning main dining lounges, a full commercial kitchen, and a ±1,050 SF patio. The kitchen is equipped with a Type I hood system, grease trap, and cold storage already in place, alongside a cashier station, office, and two restrooms — delivered ready for continued restaurant use.
Sale Notes
Offered at $980,000 ($599/SF) at a 6.76% cap rate, this single-tenant NNN investment is anchored by StreetZlan, a chef-driven Mexican street food concept with 17,800+ Instagram followers and national exposure from a Diners, Drive-Ins and Dives feature. The lease runs through August 14, 2028 with 4% annual increases and two 5-year renewal options at FMV, delivering $66,206 in annual rent plus NNN reimbursements.
| 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 |
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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 | |
| Suite #2 is a turnkey restaurant buildout spanning main dining lounges, a full commercial kitchen, and a ±1,050 SF patio. The kitchen is equipped with a Type I hood system, grease trap, and cold storage already in place, alongside a cashier station, office, and two restrooms — delivered ready for continued restaurant use. | |
| Sale Notes | |
| Offered at $980,000 ($599/SF) at a 6.76% cap rate, this single-tenant NNN investment is anchored by StreetZlan, a chef-driven Mexican street food concept with 17,800+ Instagram followers and national exposure from a Diners, Drive-Ins and Dives feature. The lease runs through August 14, 2028 with 4% annual increases and two 5-year renewal options at FMV, delivering $66,206 in annual rent plus NNN reimbursements. |
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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