11111 Elk Grove BlvdElk Grove, CA 95758

Property Details for 11111 Elk Grove Blvd

Year built

2023

Property size (Sq ft)

1,172 SF

Property type

Commercial real estate

Description

Prime Elk Grove, CA location in a busy shopping center anchored by Raley's and Starbucks, ensuring high foot traffic. This thriving 1,172 square foot business, built in 2023, is offered at $99,000. The current owner invested over $280,000 in tenant improvements. The lease has a remaining term of approximately 2.2 years, expiring February 11, 2027, with a 3% annual rent increase. Current rent is $3,423 plus NNN. The shop is currently franchised but can be converted to a different concept with franchisor approval, presenting a unique opportunity for a new owner to establish their own brand or continue with the existing model. This is an assets-only sale, representing a compelling investment opportunity in a high-demand market. The business is ready for immediate operation, offering a turnkey solution for an entrepreneur seeking a profitable venture. The property's location within a successful shopping center guarantees excellent visibility and accessibility, maximizing potential for customer engagement and revenue generation. This is a rare chance to acquire an established business with significant upside potential in a desirable California market. The asking price of $99,000 represents a strong value proposition, considering the substantial investment already made in tenant improvements and the prime location.

Location Insight

City

Elk Grove

County

Sacramento

State

California

Latitude

38.4278

Longitude

-121.48

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