Fully Leased Manufacturing
91 Blue Ravine Road Folsom, CA 95630
New
91 Blue Ravine Road, Folsom, CA, 95630
Contact for pricing
For Sale
Contact for pricing
Immaculate, triple net manufacturing complex fully leased to Agilent Technologies with expanded operations and testing capabilities.
Property Size66,414 SF
Price / SF$223.97
Days on Market5
Property Features for 91 Blue Ravine Road
General Information
- Standard status
- Active
- Size
- 66,414 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1984
Listing Agency
CBRE - Sacramento
(916) 446-8290
Listed by
Randy Getz · License #CA 00828903
Source
Crexi
Added: Jul 16 Checked: Jul 19 at 1:48 am
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 - Sacramento
Investment Insights
Based on property information with market context.
CBRE is pleased to offer an immaculate, triple-net manufacturing complex totaling 66,414 square feet, fully leased to Agilent Technologies, Inc. The facility supports a mission-critical manufacturing and testing operation focused on chromatography, including order fulfillment and supply chain activities related to analytical products and chromatography columns, as well as the production, stocking, and distribution of scientific consumables. The site also includes customer application laboratories and collaboration spaces used to demonstrate and support analytical systems for chromatography, along with manufacturing support for Agilent’s chromatography hardware supply chain.
Agilent has been a tenant at the subject since 2008. The original lease ran July 1, 2008 to June 30, 2015 with renewal options that were later extended through multiple lease amendments. A third amendment memorialized an expansion of the physical plant paid for by Agilent and extended the primary lease term from approximately January 1, 2015 to December 31, 2030, plus two additional five-year options. Agilent has since extended its lease again from June 1, 2026 to May 31, 2036.
Agilent has been a tenant at the subject since 2008. The original lease ran July 1, 2008 to June 30, 2015 with renewal options that were later extended through multiple lease amendments. A third amendment memorialized an expansion of the physical plant paid for by Agilent and extended the primary lease term from approximately January 1, 2015 to December 31, 2030, plus two additional five-year options. Agilent has since extended its lease again from June 1, 2026 to May 31, 2036.
Key Highlights
- 66,414 SF manufacturing complex built in 1984, fully leased to Agilent Technologies, Inc. on a mission‑critical testing and manufacturing operation.
- Agilent has been the tenant since 2008; latest lease extension runs from June 1, 2026 to May 31, 2036.
- Lease term extended to Dec 31, 2030 plus two additional five‑year options, reflecting multiple lease amendments over time.
Local Financial Insights For Warehouse
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 | $900.6k | $13.56 |
| − Vacancy | −$61.2k | −$0.92 |
| EGI | $839.3k | $12.64 |
| − OpEx | −$125.9k | −$1.90 |
| NOI | $713.4k | $10.74 |
66,414 SF · lease $13.56/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$10.19M
$8.92M – $11.89M
NOI $713,435 @ 7.0% cap · market cap 4.80%
Second Best
Industrial
$8.39M
$7.34M – $9.79M
NOI $587,534 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$23.74M
$20.78M – $27.70M
NOI $1,662,097 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Agilent Technologies - Folsom, ...
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Immaculate, triple net manufacturing complex fully leased to Agilent Technologies with expanded operations and testing capabilities.
Where is this manufacturing property located?
The property is located at 91 Blue Ravine Road Folsom, CA.
What is the asking price?
The asking price for this property is $14,875,000.
What are key features of this property?
This property features: 66,414 SF manufacturing complex built in 1984, fully leased to Agilent Technologies, Inc. on a mission‑critical testing and manufacturing operation.; Agilent has been the tenant since 2008; latest lease extension runs from June 1, 2026 to May 31, 2036.; Lease term extended to Dec 31, 2030 plus two additional five‑year options, reflecting multiple lease amendments over time.
