Grocery-Anchored Shopping
For Sale
Contact for pricing
850 E Bidwell St, Folsom, CA 95630
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 Market141
Property Features for 850 E Bidwell St
General Information
Standard status
Active
Size
43,216 SF
Total Parking Spaces
225
Property subtype
Retail
Zoning
C2 - General Commercial
Occupancy
93%
Investment Type
Stabilized
Net Operating Income
$766,597
Building Details
Year Built
2003
Buildings
1
Tenancy
Multi
Listing Agency:
CBRE - Orange County
Listed By:
James Tyrrell · License #02012964
Source:
Crexi
Added: Jun 2
Changed: Oct 20
Last Checked: Oct 19 at 7:30AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$562,600
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,252,000
$11.3M
Cap Rate 7%
$8,037,143
$8.0M
Cap Rate 9%
$6,251,111
$6.3M
Market Conditions
NOI Build-Up for 43,216 SF
Gross rent
$850.5K $19.68/SF
− Vacancy
−$46.8K −$1.08/SF
EGI
$803.7K $18.60/SF
− OpEx
−$241.1K −$5.58/SF
NOI
$562.6K $13.02/SF
Area
Sacramento County, CA
Vacancy
5.50%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,252,000
Cap Rate 7%
$8,037,143
Cap Rate 9%
$6,251,111
Alternative Uses
Best Use
Retail
$8.04M
$7.03M – $9.38M
NOI $562,600 @ 7.0% cap · market cap 4.26%
Second Best
Specialty Retail
$7.86M
$6.87M – $9.16M
NOI $549,858 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$11.51M
$10.07M – $13.43M
NOI $805,904 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,751
Businesses Nearby
635k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 26%
Shops & Services 21%
Superstores 16%
Groceries 15%
Target
Superstores
103,106 visits/mo
0.3 miles
Trader Joe's
Groceries
57,469 visits/mo
0.1 miles
DICK'S Sporting Goods
Apparel
41,984 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
35,707 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
33,417 visits/mo
0.1 miles
Demographics for 95630, CA
74,787
Population
30,106
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
2,854
Density / Sq Mi
$139,182
Median Household Income
$74,786
Median Earnings
$2,280
Median Rent
$702,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Quick-Tag — Walmart, 1018 Riley St, Folsom, CA 95630
- Sharon Salon — 711 E Bidwell St, Folsom, CA 95630
- Willow Creek Town Center — 1007 E Bidwell St, Folsom, CA 95630
- Trail Creek Crossing — 1300 E Bidwell St [no name], Folsom, CA 95630
- Coinstar Kiosk | Bitcoin ATM — Raley's, 715 E Bidwell St, Folsom, CA 95630, United States
Frequently Asked Questions
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
