8787 Elk Grove Blvd
Elk Grove, CA 95624

This is a rare Smart & Final Extra net leased offering in Elk Grove, California. The lease calls for minimal landlord obligations, with the landlord being responsible for the roof and structure. The property had major renovations completed in 2015. The tenant has four 5 year options with increases of 10% every five years. The asset is well located on a major commercial thoroughfare with strong traffic counts. The 15-year lease comes with a corporate guarantee. Elk Grove is a city in Sacramento County, California, located just south of the state capital of Sacramento. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. As of 2015, the population of the city was estimated at 167,965. The second-largest city in Sacramento County, Elk Grove was the fastest growing city in the U.S. between July 1, 2004, and July 1, 2005.