7101 Laguna BlvdElk Grove, CA 95758

Property Details for 7101 Laguna Blvd

Year built

2005

Construction

WOOD

Lot size

1.44 AC

Property size (Sq ft)

7,253 SF

Zone code

GC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

116-1380-011-0000

APU

11613800110000

Description

This exceptional 7,253 square foot restaurant space is available for lease in the vibrant city of Elk Grove, California, located at 7101 Laguna Blvd, zip code 95758, within Sacramento County. The property is a single-tenant retail space, perfectly suited for a variety of restaurant concepts. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong business growth. The building's size provides ample space for a full-service restaurant, including a spacious dining area, kitchen, and potentially additional features depending on the tenant's needs. The property is situated in a thriving commercial area of Elk Grove, benefiting from a strong local economy and a dense residential population. This presents a unique opportunity for an established restaurant or a new venture seeking a well-positioned location to establish or expand their business. The property's single-tenant occupancy ensures exclusive use and control, allowing for customization and branding to match the tenant's vision. Interested parties are encouraged to inquire for further details and leasing information. This is a remarkable opportunity to secure a prominent restaurant space in a high-demand area. The property's location in Elk Grove, California offers easy access to major transportation routes, ensuring convenient access for both customers and staff. The surrounding area boasts a diverse range of businesses and amenities, creating a dynamic and attractive environment for a successful restaurant operation.

• CAP approach

  CAP return

  Valuation

  6%

  $1,793,637

  6.5%

  $1,655,665

  7%

  $1,537,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,609,670

  Geo Method

  $2,609,670

• Alternative Use

  Use

  Valuation

  Residential

  $1,396,615

  Hospitality

  $1,279,292

  Educational

  $1,064,356

  Medical

  $1,100,961

  Retail

  $1,655,665

Location Insight

City

Elk Grove

County

Sacramento

State

California

Latitude

38.4241

Longitude

-121.42

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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