875 E Bidwell St - Retail FOR SALE


$7,411,106 USD
916-488-6900
875 E Bidwell St, Folsom, CA for Sale
$7,411,106 USD
Retail - FOR SALE
1/8
null | 5.23% Cap Rate


HIGHLIGHTS

  • Highly visible retail asset located along the heavily traveled E Bidwell Street corridor in Folsom.
  • Situated within a strong regional trade area surrounded by national retailers, restaurants, and residential growth.
  • Excellent access to Highway 50 and major Folsom employment centers.
  • Desirable Sacramento-area investment with strong demographic fundamentals.
  • Strategic location near major retail destinations and community amenities.

OVERVIEW

Single-tenant net leased Planet Fitness investment secured by a 15-year corporate-guaranteed lease that commenced in 2023. At the time of sale, approximately 12 years of primary lease term remained, providing investors with long-term contractual cash flow. The lease features attractive annual rental escalations of 1.5%, offering built-in income growth throughout the hold period. The property's nationally recognized fitness tenant, strong remaining lease term, and corporate guaranty position the asset as a stable, passive investment opportunity within the Sacramento metropolitan area.

FOR SALE DETAILS

PRICE

$7,411,106 USD

PRICE/SF

$294 USD /SF

CAP RATE

5.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

RM-D

APN/PARCEL ID

071-0690-054

ASK ABOUT THIS PROPERTY

Jasvir RandhawaNational Business BrokerageMore Info
916-488-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jasvir RandhawaNational Business BrokerageMore Info
916-488-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.