521 Bidwell St Folsom, CA 95630-3118

This exceptional investment opportunity presents a fee-simple interest in a Class A, 6,160 square foot US Bank branch located at 521 E Bidwell St, Folsom, CA 95630. The property sits on a 1.33-acre lot, boasting a highly visible, hard-corner location with over 28,200 vehicles passing daily. This is the only US Bank branch in Folsom, equipped with a drive-thru for added convenience. The property is subject to an absolute triple-net lease with US Bank National Association (S&P rated A), providing a strong, credit-rated tenant. The current lease expires April 30, 2029, with two five-year renewal options. The asking price is $3,825,000, representing a price per square foot of $620.94 and a 5.25% cap rate based on a net operating income (NOI) of $200,796. A 10% rental rate increase is scheduled for May 2025. Folsom's demographics are exceptional, with average household incomes exceeding $109,000 within a three-mile radius. E. Bidwell Street serves as Folsom's primary retail artery, connecting to US Highway 50, ensuring high traffic and visibility. The substantial deposit base of over $182 million (as of June 2023, per FDIC data) further strengthens this investment's appeal. Buyer to verify lot size.