For Sale | Fully Leased Two-Tenant NNN Retail Investment with Highway 99 Visibility

10299 E Stockton Blvd | Elk Grove, CA
Retail
$4,400,000
  • 100% leased to Flooring Liquidators and Soccer City
  • 3% annual rent increases
  • Long-term leases with contractual annual rent increases
  • Additional income generated by an on-site taco truck
  • Separate legal parcel from the adjoining connected retail building
  • Prominent Highway 99 visibility with convenient freeway access
  • Ample parking within an established shopping center
  • Located along Elk Grove’s expanding retail and residential corridor
  • Property is reportedly in excellent condition with minimal landlord responsibilities
Sale Price:
$4,400,000
Price Per Sq Ft:
$317.25 / SF
Parcel Size:
1.71 acres
Building Size:
13,869 SF
Cap Rate:
5.97%
Pro Form Cap Rate:
6.14%
NOI:
$262,490 actual, $270,284 pro forma
Tenant Lease Type:
NNN

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