4801 Laguna BlvdElk Grove, CA 95758

Property Details for 4801 Laguna Blvd

Year built

2002

Construction

WOOD

Lot size

1.35 AC

Property size (Sq ft)

13,003 SF

Zone code

GC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

119-0144-015-0000

APU

11901440150000

Description

Laguna Gateway offers exceptional retail space in Sacramento County, ideally situated off the 99 Freeway at Laguna Boulevard. This vibrant shopping center boasts over 655,000 square feet of retail development, anchored by prominent national tenants such as Old Navy, Best Buy, Bed Bath & Beyond, Home Depot, and Sprouts. The available space offers flexibility, with a minimum divisible area of 4,460 square feet and a maximum contiguous area of 10,800 square feet. Currently, 23,810 square feet is vacant, presenting a significant opportunity for a variety of retail businesses. The center benefits from a dense residential population in the immediate vicinity, ensuring high foot traffic and visibility. Strategic placement directly off Interstate 99 provides excellent accessibility and exposure to a large customer base. Furthermore, prominent monument signage ensures high visibility for tenants. The strong co-tenancy with a mix of national and regional brands creates a synergistic environment, attracting a diverse range of shoppers. This is a prime opportunity to establish or expand your retail presence in a thriving Sacramento County location. The property is a multi-tenant retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,215,588

  6.5%

  $2,968,236

  7%

  $2,756,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,678,552

  Geo Method

  $4,678,552

• Alternative Use

  Use

  Valuation

  Residential

  $2,503,818

  Hospitality

  $2,293,484

  Educational

  $1,908,151

  Medical

  $1,973,776

  Retail

  $2,968,236

Location Insight

City

Elk Grove

County

Sacramento

State

California

Latitude

38.424

Longitude

-121.449

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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