2204 Kausen Drive Office
  • Asking Price
    $3.5MAsking Price
  • Size
    10,844 SFSize
  • Built
    2006Built
  • City
    Elk GroveCity

Description

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 with a 5.2% cap rate. 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.

Highlights include: Two-tenant single-story flex/office building located in Elk Grove, CA; Fully leased with NNN tenants, providing steady income; Approximate cap rate of 5.2%; 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.

Ryan Orn of Capital Rivers represent this offering. Please contact us for additional information or to arrange a tour.

Offering Summary

  • Asking Price
    $3,490,000
  • Property Type
    Office
  • Size
    10,844 SF
  • Built
    2006

Documents

Property Address

2204 Kausen Drive
Elk Grove, CA 95758

Property Details

  • Property Type
    Office
  • Square Feet
    10,844 SF
  • Year Built
    2006

Deal Team

Ryan Orn profile image

Ryan Orn

VP of Sales & Leasing
Capital Rivers Commercial