9200 Elk Grove Florin Rd | Elk Grove, CA 95624
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- LoopNet Team
9200 Elk Grove Florin Rd
Elk Grove, CA 95624
Walgreens | Sacramento MSA | $8.3M | 9 Years · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Rental income guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,021 locations.
- ABSOLUTE NET LEASE WITH 9 YEARS REMAINING - Absolute net lease with 9 years remaining with 10 (5- year) options to extend.
- 2 MI EAST OF SUTTER MEDICAL PLAZA - Sutter Medical Plaza is an out-patient clinic part of the Sutter Health system which includes 23 hospitals.
- RARE CALIFORNIA NET LEASED DRUGSTORE INVESTMENT - Rare opportunity to buy in CA, which has a high barrier of entry in the drugstore space.
- SOLID PERFORMING STORE - History of solid sales surrounded by residential neighborhoods with ±39,664 households within a 3-MI radius.
- BUSY INTERSECTION WITH HIGH TRAFFIC COUNTS - Located at Bond Rd and Elk Grove Florin Rd with a combined traffic count of ±55,083 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,480 SF
Building Class
A
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.64 AC
Zoning
GC, Elk Grove
Parking
70 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 116-0100-093 | Improvements Assessment | $4,794,000 |
| Land Assessment | $1,860,000 | Total Assessment | $6,654,000 |
PROPERTY TAXES
Parcel Number
116-0100-093
Land Assessment
$1,860,000
Improvements Assessment
$4,794,000
Total Assessment
$6,654,000
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