1006 Riley StFolsom, CA 95630

Property Details for 1006 Riley St

Year built

1992

Lot size

5.64 AC

Property size (Sq ft)

56,200 SF

Zone code

C-2 PD

Property type

Retail properties

Property subtype

Strip malls

APN

071-0690-028

APU

710690028

Description

This exceptional 3,127 square foot retail space is available for lease in a thriving Folsom location. Situated within an existing and operational 24 Hour Fitness gym, this property presents a unique opportunity for businesses in the health, wellness, and fitness sectors. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and the sale of sport, health, and wellness products and accessories, including workout apparel. The landlord will consider other complementary fitness and sports uses. Please note that uses involving on-site food and beverage preparation, pole dancing classes, or those requiring extensive construction or utility upgrades are not permitted. This all-inclusive lease includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property is located in the Folsom submarket cluster of Sacramento, offering excellent access to a large and active customer base. This is a rare opportunity to establish a business within a high-traffic, established fitness facility. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $12,981,768

  6.5%

  $11,983,171

  7%

  $11,127,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,481,952

  Geo Method

  $20,221,074

• Alternative Use

  Use

  Valuation

  Residential

  $10,108,253

  Hospitality

  $9,259,105

  Educational

  $7,703,467

  Medical

  $7,968,401

  Retail

  $11,983,171

Location Insight

City

Folsom

County

Sacramento

State

California

Latitude

38.6701

Longitude

-121.17

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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