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7101 Elk Grove Blvd
Elk Grove, CA 95758
Retail Property For Sale
PROPERTY FACTS
- Supermarket
- General Retail Storefront
- General Retail Department Store
Amenities
- Car Charging Station
About 7101 Elk Grove Blvd , Elk Grove, CA 95758
The Nugget Market Grocer anchors Laguna Promenade, a shopping center located at the signalized intersection of Elk Grove Boulevard and Bruceville Road, with excellent visibility and access to 86,000 vehicles per day. Laguna Promenade is home to several complimentary retailers and notable national tenants, including Rite Aid, Edible Arrangements, Mattress Firm, Beach Hut Deli, and T-Mobile, among others. The property is located directly across from Elk Grove Commons, a large retail plaza anchored by Kohl’s, HomeGoods, Cost Plus World Market, and Trader Joe’s. Other major retailers in the surrounding area include Walmart, Target, Home Depot, Petco, Big 5 Sporting Goods, CVS, and several car dealerships at the Elk Grove Auto Mall. The property is centrally located near large schools and employers. Cosumnes River College, a community college with over 15,000 students, is minutes from the property. Many elementary, middle, and high schools are located within walking distance of the property, including Franklin High School and Toby Johnson Middle School, which have a combined enrollment of 4,238 students. The property is also close to Apple’s Elk Grove campus. Apple employs more than 3,000 people at this campus, which is undergoing a major expansion that could create several thousand new jobs. Additionally, the property is located amongst wealthy residential neighborhoods; the average household income within a one-mile radius of the property is $103,866, and 249,389 residents with an average household income of $91,381 live within five miles, providing an excellent customer base. Several major development projects are scheduled or currently underway near the property. The Ridge at Elk Grove, a Costco-anchored shopping center, is across from the property. Directly adjacent to The Ridge at Elk Grove is Dignity Health, a 28-acre medical campus with a 330-bed hospital. The Outlet Collection at Elk Grove, a regional mall with 1.3 million square feet of retail space, and Wilton Rancheria, a resort and casino project that will include a 302-room hotel, are also located nearby. Additionally, the area to the south of the property is home to several housing developments; residents of these developments will be served by Nugget Markets.
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PROPERTY TAXES
Parcel Number | 116-0061-104 | Improvements Assessment | $6,863,143 |
Land Assessment | $4,039,072 | Total Assessment | $10,902,215 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 13208664
Date on Market: 7/18/2018
Last Updated:
Address: 7101 Elk Grove Blvd, Elk Grove, CA 95758
The Retail Property at 7101 Elk Grove Blvd, Elk Grove, CA 95758 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.