For Sale
$6,900,000
3260 Bidwell St Folsom, CA 95630
Prime NNN-leased vet hospital in Folsom, CA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Brand new, 6,900 SF veterinary hospital in Folsom, CA, on a 1.48-acre lot.
- 15-year absolute NNN lease with Folsom Ranch Veterinary Hospital, commencing July 9, 2024, with 10% rent increases every five years.
- High-visibility location at a signalized intersection off State Route 50 (115,500 AADT), within The Shops at Folsom Ranch, a thriving retail center.
- Strong demographics: $282,028 average household income within a 1-mile radius and significant population growth.
- $6,900,000 asking price, $414,000 NOI, and a 6.00% cap rate; ideal for a 1031 exchange.
Property Details for 3260 Bidwell St
- Property type
- Office properties, Medical offices
- Square Feet
- 6,900 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 64,469 SF
Location Insight
- City
- Folsom
- County
- Sacramento
- State
- California
- Latitude
- 38.636845
- Longitude
- -121.1138297
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime NNN-leased vet hospital in Folsom, CA
- Where is the office property located?
- The property is located at 3260 Bidwell St Folsom, CA.
- What is the asking price?
- The asking price for this property is $6,900,000.
- What are key features of this property?
- This property features: Brand new, 6,900 SF veterinary hospital in Folsom, CA, on a 1.48-acre lot.; 15-year absolute NNN lease with Folsom Ranch Veterinary Hospital, commencing July 9, 2024, with 10% rent increases every five years.; High-visibility location at a signalized intersection off State Route 50 (115,500 AADT), within The Shops at Folsom Ranch, a thriving retail center.
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