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2575 E Bidwell Street - Folsom Health & Wellness Center, Folsom, CA
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2575 E Bidwell Street - Folsom Health & Wellness Center
Folsom, CA 95630 - Folsom Submarket
For Sale Price:
This property is for sale as part of a portfolio of 3 properties.
Free Surface spaces are available; Ratio of 2/1,000 SF
This building, built in 2005, is within close proximity to many of Folsom's finest restaurants, shopping, banks, hotels and residential neighborhoods. The site also offers easy access to and from Highway 50.
The building is two-stories and totals 37,040 square feet. There are 150 surface parking spaces available at a 3.81:1,000 ratio.
Holliday Fenoglio Fowler, L.P. (“HFF”), as the exclusive advisor, is pleased to offer qualified investors
an opportunity to purchase individually, in combination, or as a single portfolio, a 100% fee simple
interest in the Northern California Medical Portfolio (“the Portfolio”). Currently 82% leased, the
Portfolio consists of three well maintained medical office buildings (“Properties” or individually
referred to as “Property”) totaling ±122,403 square feet as-leased and ±126,680 based on a recent
remeasurement. Located in three stabilized and emerging Northern California submarkets, the
Portfolio offers an investor a rare opportunity to acquire a sizeable medical office portfolio with
significant hospital and credit tenancy, at a substantial discount to replacement cost.
Additionally, investors will have the ability to expand or establish a significant presence in Northern
California in assets with a diversified and committed tenant roster, below market rents, and the
opportunity to grow cash flow through the lease-up of approximately 22,343 square feet of existing
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