- For Sale $14,663,000
- Property Type Office
- Property Size 56,086 SF
- Lot Size 3.42 Acre
- Cap Rate % 7.09
- NOI / YR $1,038,982.00
- Parking Spaces Avail. 208
- Parking Ratio 3.71 / 1,000 SF
- Year Built 2005
- Date Updated Apr 21, 2026
Description
$14,663,000 Offering Price Institutional scale Class A asset in a tightly held suburban office market.
7.10% Projected 2026 CAP Rate Forward yield based on in place leases and scheduled escalations.
$261.43 Per Square Foot Below replacement cost for comparable Class A office construction along E Stockton Boulevard when factoring land, construction, and soft costs.
Class A Construction, Built 2005 Reinforced concrete tilt up structure, high end tenant improvements, professional image, elevator served for ADA compliance.
Nearly Fully Leased Strong occupancy with diversified professional tenancy and predictable income characteristics.
Premier East Side Highway 99 Location East Stockton Boulevard is the dominant office corridor in Elk Grove. Superior visibility, direct highway exposure, and long term tenant demand create durable positioning.
Elk Grove Office Vacancy Approximately 3.9% One of the lowest vacancy rates in the Sacramento region. No office currently under construction, limited supply, and stable absorption support continued occupancy strength.
Address: 9355 E Stockton Boulevard
Building Size: 56,086 square feet
Lot Size: 3.42 acres
Year Built: 2005
Construction: Reinforced concrete tilt up
Elevator: Yes
Zoning: Business Professional (City of Elk Grove)
Parking: 208 total surface stalls, including 140 standard 9’ x 17’ stalls, 44 standard 9’ x 19’ stalls, 24 compact 9’ x 15’ stalls, 5ADA compliant spaces, and 2 van accessible ADA spaces.
The site and restrooms are fully compliant with 2025 California Building Code and ADA accessibility standards
False
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