9591 & 9585 Laguna Springs Drive

Elk Grove

9591 & 9585 Laguna Springs Drive

Region: Elk Grove
Use: Office
Lease or Sale: Sale
Building Size: ±17,478 SF
Sale Price: $9,900,000

Turton Commercial is pleased to present for sale a two-property portfolio located at 9591 and 9585 Laguna Springs Drive, Elk Grove, California (collectively, the “Property”). The Property is 100% to Lyon Real Estate, the premiere residential real estate brokerage in the Sacramento Region, on a traditional NNN lease structure through January 31, 2027. In 2021, Lyon Real Estate merged with Windermere Real Estate, the largest privately owned brokerage in the county, thus the lease is now owned and backed by an entity affiliated with Windermere. The Property measures approximately 17,478 square feet between two adjacent buildings located within Laguna Springs Owner’s Association along Elk Grove Blvd. The Property is being offered at $9,900,000 which equates to a 6.91% cap rate on existing income.

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