site-logo

Smart and Final Extra

8787 Elk Grove Boulevard, Elk Grove, CA, USA
$7,731,429 5.25% Cap 27,060 sq ft Representative Photo Print This Page

Location

8787 Elk Grove Boulevard, Elk Grove, CA, USA

Price: $7,731,429
CAP Rate: 5.25%
NOI: $405,900
Square-Footage: 27,060
Lot Size: 2.72 AC

100% Fee Simple InterestCorporate GuaranteeLocated on a Major Commercial ThoroughfareMinimal Landlord ObligationsScheduled Increases

This is a rare Smart & Final Extra net leased offering in Elk Grove, California. The lease calls for minimal landlord obligations, with the landlord being responsible for the roof and structure.

The tenant has four 5 year options with increases of 10% every five years. The asset is well located on a major commercial thoroughfare with strong traffic counts. The 15-year lease comes with a corporate guarantee.

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.

download offering memorandum


Please leave this field empty.
I am a PrincipalI am a Broker

presented by

Jacob Abusharkh Managing Principal View profile

Contact Broker


Recent Closings

View Our Recent Closings