For Sale
$14,650,000

107 Woodmere RdFolsom, CA 95630

Single-tenant NNN, high-cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a ±57,496 square foot, single-story flex building situated in Folsom, CA's Lake Forest Tech Center. The property, located at 107 Woodmere Road, is currently 100% occupied under an absolute NNN lease with Stellant Systems, a leading designer and manufacturer of advanced RF and microwave solutions, extending until June 30, 2035 (10.7 years remaining). The lease features a 2.5% annual rent increase. Built in 1984 and extensively renovated in 2024, the building includes one dock-high door and sits on a 3.89-acre lot. Significant recent upgrades include a new roof and HVAC system (2021), exterior paint, and a parking lot overlay. Currently undergoing renovation are the interior improvements, including restrooms. The asking price is $14,650,000, representing a compelling 6.50% cap rate and a price per square foot of $254.80. The property benefits from its prime location, offering easy access to Highway 50 and high visibility along Folsom Boulevard (ADT 34,563). The tenant's specialized lab build-out, in place since 1996, adds significant value and contributes to the long-term lease stability. This is a truly unique NNN investment opportunity with strong tenant history and significant upside potential. The property's APN is 069-0240-005. The landlord is only responsible for exterior walls and foundation.

Highlights

  • NNN investment; landlord responsible only for exterior walls and foundation.
  • Specialized lab build-out by tenant since 1996, representing significant value and lease stability.
  • Excellent location: 107 Woodmere Rd, Folsom, CA; high visibility on Folsom Blvd (ADT 34,563); 3-minute access to Hwy 50.
  • Recent upgrades include new roof and HVAC (2021), exterior paint, parking lot overlay, and ongoing interior renovations including restrooms.

Property Details for 107 Woodmere Rd

Property type
Office properties, Industrial properties
Square Feet
57,496 SF
Year Built/Renovated
1984/2024
Buildings
1
Stories
1
Lot Size (sq. ft)
169,448 SF

Location Insight

City
Folsom
County
Sacramento
State
California
Latitude
38.6545179
Longitude
-121.18517
107 Woodmere Rd, Folsom, California

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107 Woodmere Rd
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