1300 East Bidwell Street, Folsom, CA
Retail for Sale - $8,275,000 - 25,396 Sq. Ft. on 1.98 acres
Property Info
| CIMLS# | 431412 |
| Location 1300 East Bidwell Street Folsom CA 95630 | |
| Updated | March 16th, 2012 |
| Type | Retail |
| Price | $8,275,000 |
| Building | 25,396 Sq. Ft. |
| Land | 1.98 acres |
Property Description
• Best of Class Retail Center - High identity, high quality asset constructed in 2005 with strong visibility and convenient parking and access
• Stable Cash Flow - 94% Leased to fourteen (14) established tenants including Peet’s Coffee & Tea, Edible Arrangements, T-Mobile, Wing Stop, Patelco Credit Union, and Family Christian Stores among others; limited same-year rollover and scheduled rent increases
• Strong Retail Location - National tenants providing “shadow” anchors in the immediate vicinity include: WalMart, Target, Kohl’s, OSH, Lowe’s, SaveMart, Raley’s, CVS, Office Max, Fashion Bug, 24 Hour Fitness, Dollar Tree, Chipotle, Starbucks, Carl’s Jr, McDonalds, Bank of the West, Chase Bank, Circle K, Liberty Tax, Jiffy Lube among others
• Affluent Demographics - Located in one of the most affluent areas of the greater Sacramento area, with Average Household Income $107,471
• Attractive Assumable Financing - Existing financing in the approximate amount of $6,399,835 (77% LTV) to be assumed; 6.11%, due June 2016
Financials
To download the full marketing package, please visit: www.nrigwest.com/trailcreek