8400 Elk Grove Florin Road, Elk Grove, CA
$6,272,727 · 5.50% CAP · 7 Yr. Lease · Single Tenant Net Lease


8400 Elk Grove Florin Road, Elk Grove, CA

Price: $6,272,727
CAP: 5.50%
NOI: $345,000
Building Size: 14,905
Lot Size: 1.9 AC
Increases: Rent is Flat
Options: Twelve, 5 Year

The Kase Group is pleased to offer this absolute NNN leased Walgreens pharmacy in Elk Grove, CA. The lease calls for zero landlord obligations with twelve, 5 year options to renew. The asset is well-situated on a major commercial thoroughfare and is surrounded by major retailers including Safeway, Kohls and Bank of America.

Elk Grove is a city in Sacramento County, California, located just south of the state capital of Sacramento. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. As of 2015, the population of the city was estimated at 167,965. The second-largest city in Sacramento County, Elk Grove was the fastest growing city in the U.S. between July 1, 2004, and July 1, 2005.

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Presented By

Jeff Gates

Senior Vice President of Investment Sales

BRE# 01768554

Jeff Gates is a Senior Vice President of Investment Sales at The Kase Group. Since joining the team in 2015, his focus has been on developing new business and closing deals. He was the Top Producer in the company in..

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