Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Walgreens | Elk Grove, CA 9200 Elk Grove Florin Rd 14,480 SF Retail Building Elk Grove, CA 95624 $6,762,947 CAD ($467.05 CAD/SF) 7.50% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Single-Tenant Walgreens (NASDAQ: WBA); Absolute NNN Lease; Zero Landlord Responsibilities
  • Long-Term Operating History at the Property (21+ Years)
  • Largest Daily Needs Retail Pharmacy Provider in the United States With Nearly 8,000 Locations
  • 5.5+ Years Remaining on the Initial Term
  • Prototype Store Format With Drive-Thru
  • High-Traffic, Hard-Corner Signalized Intersection: The Property Is Located at a Hard Corner, Signalized Intersection

Executive Summary

Absolute NNN lease; zero landlord responsibilities | 5.5+ years remaining on the initial term | Long-term operating history at the property (21+ years)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,480 SF
Building Class
A
Year Built
2006
Price
$6,762,947 CAD
Price Per SF
$467.05 CAD
Cap Rate
7.50%
NOI
$507,180 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.45 AC
Zoning
GC, Elk Grove
Parking
70 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
209’ on Bond Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru
  • Car Charging Station

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Oct 2030

Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Oct 2030

Nearby Major Retailers

U.S. Bank
Save Mart
Starbucks
El Dorado Savings Bank
Bank of America
Smart & Final
In-Shape Management Co.
Black Bear Diner
Denny's
Chase Bank

Property Taxes

Property Taxes

Parcel Number
116-0100-093
Land Assessment
$2,522,346 CAD
Improvements Assessment
$6,501,143 CAD
Total Assessment
$9,023,489 CAD
  • Listing ID: 39390069

  • Date on Market: 2026-02-10

  • Last Updated:

  • Address: 9200 Elk Grove Florin Rd, Elk Grove, CA 95624

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}