850 E Bidwell St
Folsom, CA 95630
Folsom Town Centre · Retail Property For Sale

* Trader Joe’s Anchored Shopping Center – Anchored by Trader Joe’s and shadow anchored by Lowe’s (NAP) along with a synergistic mix of co-tenants including Home Consignment Center, Adam’s Meat Shop, A-1 Comics, Beauty Haus Nails, and more

* Leasing Momentum – Trader Joe’s recently exercised a 10-year renewal option proving their commitment to the site and the long-term viability of the shopping center

* Strong Historical Occupancy – Secure, established income stream – 5 tenants totaling ±35,407 SF (88% of the leased GLA) have occupied the property for ±14 years or more including national brands Trader Joe’s and Home Consignment Center having operated for +21 years, demonstrating a recession resistant asset with high tenant demand

* High-Traffic, Easily Accessible Location – Folsom Town Center is situated on E Bidwell St (±22,849 CPD), Montrose Dr (±5,030 CPD), and adjacent to Blue Ravine Rd (±20,705 CPD), and less than 2 miles away from El Dorado Fwy (±97,490 CPD), making the property easily accessible to local and regional patrons alike

* Growing Residential Proximity – Proximity to ±11,000 new homes recently built or planned in Folsom on the south side of Highway 50. Folsom ranks as the third fastest-growing city in California according to the State Finance Department, keeping the property busy during all days of the week

* Improving, Affluent Demographics – More than 85,379 people within a 3-mile radius, with an Average Household Income of $167,174, and more than 164,077 people within a 5-mile radius, with an Average Household Income of $178,877