Property Listing No Longer Available for Sale

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
UpdatedMarch 16th, 2012
TypeRetail
Price$8,275,000
Building25,396 Sq. Ft.
Land1.98 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