Restaurant Condo For Sale • 1,636 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 2 | Retail | 1,636 SF | $980,000 USD | |
DescriptionSuite #2 is a turnkey restaurant buildout spanning main dining lounges, a full commercial kitchen, and a ±1,050 SF patio. The kitchen is equipped with a Type I hood system, grease trap, and cold storage already in place, alongside a cashier station, office, and two restrooms — delivered ready for continued restaurant use. Sale NotesOffered at $980,000 ($599/SF) at a 6.76% cap rate, this single-tenant NNN investment is anchored by StreetZlan, a chef-driven Mexican street food concept with 17,800+ Instagram followers and national exposure from a Diners, Drive-Ins and Dives feature. The lease runs through August 14, 2028 with 4% annual increases and two 5-year renewal options at FMV, delivering $66,206 in annual rent plus NNN reimbursements. |
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Main Street Plaza sits on a signalized hard corner at Laguna Blvd and Laguna Main St, carrying ±31,882 vehicles daily past the property's monument signage. The trade area is affluent, with ±85,000 residents and $120,655 average household income within 3 miles, and Apple's Elk Grove campus sits steps away, anchoring weekday daytime demand.
| NNN Lease — Passive, single-tenant investment with 4% annual rent bumps through 2028. |
| Signalized Hard Corner — ±31,882 ADT at Laguna Blvd & Laguna Main St. |
| National TV Exposure — Tenant featured on Diners, Drive-Ins and Dives. |
| Turnkey Buildout — Type I hood, grease trap, and cold storage already in place. |
| Affluent Trade Area — $120,655 avg. HH income, ±85,000 residents within 3 miles. |
| Apple Campus Nearby — Elk Grove Apple operations steps away drive weekday traffic. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Sacramento International | 31 min | - | 23.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 30 |
| Type: | Surface |
| Included in Rent: | Yes |