Grocery-Anchored Shopping
850 E Bidwell St Folsom, CA 95630
850 E Bidwell St, Folsom, CA, 95630
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For Sale
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Trader Joe's-anchored retail center with long-term occupancy, 900+ feet of frontage, and Lowe's as a shadow anchor.
Property Size43,216 SF
Price / SF$305.84
Days on Market51
Property Features for 850 E Bidwell St
General Information
- Standard status
- Active
- Size
- 43,216 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
CBRE - Orange County
Listed by
James Tyrrell · License #02012964
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County
Investment Insights
Based on property information with market context.
Folsom Town Centre is a grocery-anchored shopping center led by Trader Joe’s. The property is shadow-anchored by Lowe’s and currently supported by five tenants totaling 35,047 SF, representing 88% of leased GLA. CBRE reports strong historical occupancy, with the current tenant group having occupied the property for 14 years or more. Trader Joe’s has also recently exercised a 10-year renewal option, reinforcing the center’s established, long-term tenancy profile.
The center is located on E Bidwell Street in the heart of Folsom, described as the city’s main retail corridor. The property provides over 900 feet of frontage and is positioned for visibility in a dense retail hub. CBRE also notes the asset’s accessibility near Lembi Park and between two major thoroughfares, supporting both local and regional patron traffic.
For investors and serious retail operators, the mix of an anchored grocer plus a steady, long-tenured tenant base provides a practical foundation for ownership or leasing strategy. The broader retail environment is supported by nearby national retailers including Walmart, Target, HomeGoods, Sprouts, Kohl’s, and Dick’s Sporting Goods, adding to the center’s retail-corridor context.
The center is located on E Bidwell Street in the heart of Folsom, described as the city’s main retail corridor. The property provides over 900 feet of frontage and is positioned for visibility in a dense retail hub. CBRE also notes the asset’s accessibility near Lembi Park and between two major thoroughfares, supporting both local and regional patron traffic.
For investors and serious retail operators, the mix of an anchored grocer plus a steady, long-tenured tenant base provides a practical foundation for ownership or leasing strategy. The broader retail environment is supported by nearby national retailers including Walmart, Target, HomeGoods, Sprouts, Kohl’s, and Dick’s Sporting Goods, adding to the center’s retail-corridor context.
Key Highlights
- Trader Joe's‑anchored retail shopping center, built in 2003
- 900+ feet of frontage on E Bidwell Street, Folsom’s main retail corridor
- Shadow‑anchored by Lowe’s within a dense retail hub that includes Walmart, Target, HomeGoods, Sprouts, Kohl's, and Dick’s
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.61M | $37.20 |
| − Vacancy | −$165.6k | −$3.83 |
| EGI | $1.44M | $33.37 |
| − OpEx | −$360.5k | −$8.34 |
| NOI | $1.08M | $25.03 |
43,216 SF · lease $37.20/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$15.45M
$13.52M – $18.03M
NOI $1,081,537 @ 7.0% cap · market cap 8.18%
Second Best
Retail
$8.78M
$7.69M – $10.25M
NOI $614,874 @ 7.0% cap · market cap 4.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sbarkles
(Bike/Boat/Book/etc) Store
Home Consignment Center ...
Discount Store
FreeStyle Clothing Exchange
Clothing Store
A-1 Comics
(Bike/Boat/Book/etc) Store
Trader Joe's Folsom
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
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FAQs
What type of property is this?
Shopping center - Trader Joe's-anchored retail center with long-term occupancy, 900+ feet of frontage, and Lowe's as a shadow anchor.
Where is this shopping center located?
The property is located at 850 E Bidwell St Folsom, CA.
What is the asking price?
The asking price for this property is $13,217,000.
What are key features of this property?
This property features: Trader Joe's‑anchored retail shopping center, built in 2003; 900+ feet of frontage on E Bidwell Street, Folsom’s main retail corridor; Shadow‑anchored by Lowe’s within a dense retail hub that includes Walmart, Target, HomeGoods, Sprouts, Kohl's, and Dick’s
