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Investment Highlights

  • Trader Joe’s Anchored Shopping Center – Anchored by Trader Joe’s and shadow anchored by Lowe’s (NAP)
  • Strong Historical Occupancy – Secure, established income stream – 5 tenants totaling ±35,407 SF (88% of the leased GLA)
  • Growing Residential Proximity – Proximity to ±11,000 new homes recently built or planned in Folsom on the south side of Highway 50
  • Leasing Momentum – Trader Joe’s recently exercised a 10-year renewal option
  • High-Traffic, Easily Accessible Location – Folsom Town Center is situated on E Bidwell St (±22,849 CPD)
  • Improving, Affluent Demographics – More than 85,379 people within a 3-mile radius, with an Average Household Income of $167,174

Executive Summary

* 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

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
43,216 SF
Building Class
B
Year Built
2003
Price
$13,217,000
Price Per SF
$305.84
Cap Rate
5.80%
NOI
$766,597
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
4.15 AC
Zoning
C-2 - C2-General Commercial
Parking
225 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
750’ on Bidwell St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Wholesaler
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Adam's Meat Shop is owned and managed by Adam Abramowski. They have a deep appreciation of the art of meat cutting, butchering and sausage making. They were trained by old school butchers and has since developed their own style and expertise. Their passion for the art of processing meat has paved the way for them opening Adam's Meat Shop in 2015 - delivering quality meats and products to Northern California and beyond.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

FreeStyle Clothing Exchange operates a regional resale clothing store, offering a selection of used fashion items and accessories for men and women. The store’s model centers on purchasing gently used apparel from customers and reselling curated inventory at accessible prices. The company’s operations emphasize a rotating inventory of contemporary, vintage, and seasonal pieces sourced through in-store buying. The organization’s resale approach supports a sustainable consumer model by extending the use cycle of apparel and offering a cost-effective alternative to traditional retail.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

Home Consignment Center is a family owned and family run business that was founded by two couples in the spring of 1994. Christine and Johnny Crowell were considering opening a furniture store patterned on Johnny’s successful antique auto consignment business. Jamece and John Fondnazio joined them forming a partnership that has lasted for twenty plus years. Christine and Johnny Crowell still run the business today! The partners had a business plan that promoted high quality furniture and accessories priced to sell from the outset. The partners rejected the traditional consignment approach of initial overpricing coupled with automatic markdowns. Home Consignment Center was built on the concept of great stuff at great prices, and it’s a fun place to shop.

  • Services
  • -
  • $9.99
  • -
  • Jan 0000

At sBarkles, they care about your pet, both inside and out. They believe a clean pet is a healthy pet. While this has been clinically proven in veterinary studies, they think it’s just common sense. Pet owners who ensure their pet is clean on an ongoing basis are much more likely to make their pets other health care needs a priority as well. Which is why at sBarkles, they provide only healthy/holistic products as well, including food, treats, supplements and appropriately safe toys- suited to your pet. They also believe being a pet owner is a very cool thing to be. Pets, like infants and toddlers, simply adore them! They also rely almost entirely upon them for their care. Pets are their companions, running partners, listening posts and yes, their best friends!

  • Retailer
  • -
  • -
  • -
  • Jan 0000

Trader Joe's began in Southern California in 1967 and grew from a small neighborhood store concept into a national grocery chain in the United States. Trader Joe's focuses on private-label staple foods, organic items, specialty products, and everyday value, with a curated assortment that supports a distinctive neighborhood-store format. Trader Joe's remains centered on grocery retail while also offering recipes, shopping tips, and product-focused content that support the broader customer experience.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Wholesaler - - Lorem Ipsum Jan 0000
Retailer - - - Jan 0000
Retailer - - - Jan 0000
Services - $9.99 - Jan 0000
Retailer - - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,190 SF
  • Retail
  • -
  • 30 Days
Space Size Space Use Position Available
1st Floor 3,190 SF Retail - 30 Days

1st Floor

Size
3,190 SF
Space Use
Retail
Position
-
Available
30 Days
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100

Nearby Major Retailers

Crunch Fitness
U.S. Bank
Bank of Montreal
The Habit Burger Grill
F45 Training, Inc.
Golden 1 Credit Union
Sprouts Farmers Market
Raley's
Grocery Outlet
Starbucks

Property Taxes

Property Taxes

Parcel Number
071-0320-107
Land Assessment
$3,250,000
Improvements Assessment
$9,750,000
Total Assessment
$13,000,000
  • Listing ID: 40758388

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 850 E Bidwell St, Folsom, CA 95630

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