2204 Kausen Dr - Flex FOR SALE


Elk Grove, CA 95758- Outer Elk Grove
$3,490,000 USD
510-495-5975
2204 Kausen Dr, Elk Grove, CA for Sale
$3,490,000 USD
Flex - FOR SALE
1/5
null | 5.5% Cap Rate

2204 Kausen Dr
Elk Grove, CA 95758
Outer Elk Grove


HIGHLIGHTS

  • Two-tenant single-story flex/office building located in Elk Grove, CA
  • Fully leased with NNN tenants, providing steady income
  • Positioned with direct I-5 access in the Laguna West Business Center
  • Opportunity for owner-users to occupy up to half the building
  • Owner financing available

OVERVIEW

This versatile flex-office property offers an excellent investment or owner-user opportunity within the well-regarded Laguna West Business Center in Elk Grove. Situated on ±0.82 acres of land, the ±10,844 square foot building is fully leased with two long-term tenants under NNN agreements. Its location provides easy accessibility via the I-5 freeway at the Laguna Boulevard exit and proximity to restaurants, retail, and other business amenities. The property’s modern single-story design and professional appearance make it an appealing workplace environment for tenants and visitors alike. For investors, the property benefits from secure income through triple-net leases with Reach Adult Development and Gracie Jiu-Jitsu as its tenants. For potential owner-users, there is an option to occupy up to half of the building, as one of the current tenants is open to a lease buyout or cancellation. Elk Grove’s thriving commercial market, characterized by high rental demand and low vacancy rates, further enhances the value of this property as a strategic real estate asset.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg D

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

M-1

APN/PARCEL ID

119-1930-026

ASK ABOUT THIS PROPERTY

Ryan OrnCapital Rivers CommercialMore Info
510-495-5975

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Ryan OrnCapital Rivers CommercialMore Info
510-495-5975

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.