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5040 Laguna Blvd
Elk Grove, CA 95758 Outer Elk Grove

$7,514,000 USD

Drugstore For Sale  •  31,324 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 31,324 SF
  • Lot Size 3.02 AC
  • Building Class B
  • Year Built 1990
  • Tenancy Single
  • Zoning GC
30 Transit Score
50 Walk Score

Highlights

Well-Below-Market Rent ($12.59 PSF) | Intrinsic-Value Real Estate
12.5 Years Remaining | Investment-Grade Corporate Guaranty (NYSE: CVS) | Rare 10% Increase In First Option, Future Upside with FMV Rent
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Irreplaceable Signalized, Hard Corner Intersection (120,595 VPD) | Bel Air Anchored Center, High-End 66,397 SF Grocery Store
Dense, Established Retail Corridor
Strong Demographics and Daytime Population in 5-Mile Trade Area

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Sacramento International 33 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 134
Type: Surface
Included in Rent: Yes
Calvin Short 949-506-2009 SRS National Net Lease
Calvin Short 949-506-2009 SRS National Net Lease