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HIGHLIGHTS
- -Folsom CA - 4% population growth in 2025; top fastest growing cities in California
- -C2 zoning allows for a wide range of uses
- -Available for Lease or Sale: Inquire with Broker on Pricing
- -Prime infill location in dominant retail corridor
- -Potential for user, reuse, repositioning or redevelopment
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,836 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Walk in cooler/freezer
- 6' x 8' roll-up with shipping/receiving area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT FORMER RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 16,836 SF | Gross Leasable Area | 16,836 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Drug Store | Parking Ratio | 5.05/1,000 SF |
| Total Space Available | 16,836 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 16,836 SF |
| Year Built | 1999 |
| Parking Ratio | 5.05/1,000 SF |
ABOUT THE PROPERTY
Free Standing former Rite Aid prominantly positioned at a signalized intersection on the northwest corner of E. Bidwell and Glenn Dr. (combined Traffic Count: 30,000+ VPD), and accessible via two main access points on E. Bidwell and Glenn Dr. and serves as one of the area’s dominant retail corridors to an expansive trade area and highly-trafficked arterial connecting to Highway 50 with over 99,000+VPD. The ±16,836sf building with 2 lane drive-thru was constructed in 1999 for Rite Aid and remodeled in 2015. The property also features a rear 6’ x 8’ rear loading overhead door for receiving, a walk-in cooler/freezer and standard restrooms. The large 1.8ac parcel offers excellent street frontage visibility with monument signage and abundant parking
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
Former Rite Aid | 526 E Bidwell St
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