1111 Prairie City Rd Folsom, CA 95630
- Commercial real estate
- 1,200 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1111 Prairie City Rd
- Year built
- 2000
- Property size
- 1,200 SF
- Property type
- Commercial real estate
Description
This thriving dry cleaning drop site and alteration business is located in a high-traffic shopping center in Folsom, CA, and a second location in Fair Oaks, CA. The Folsom location, listed at $65,000, boasts 1,200 square feet in a one-story building constructed in 2000 and renovated in 2020. Currently operating at 100% occupancy, this owner-operator business benefits from a strong location next to a Safeway anchor store, ensuring high foot and car traffic. The property enjoys a favorable lease agreement with four years remaining, plus a five-year renewal option. Monthly rent is $3,120 base rent plus $930 in NNN expenses. The Fair Oaks location is separately listed. The business is situated in a busy plaza with significant foot traffic, further enhancing its profitability. The seller is offering training to ensure a smooth transition for the new owner. The addition of alteration services would be a valuable asset to the business. This presents a unique opportunity to acquire a well-established, low-maintenance business with significant growth potential in a rapidly developing area with new homes under construction. The business is ideally suited for an owner-operator seeking a profitable and established enterprise.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- Sacramento
- State
- California
- Longitude
- -121.168
- Latitude
- 38.656
