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9479 Madison Ave
Folsom, CA 95630
CVS pharmacy Long Term Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease
- Zero Landlord Obligations
- Surrounded by National Retailers Including Big Lots and Starbucks
- 100% Fee Simple Interest
- S&P Rated BBB Credit Investment Grade
- Heavily Trafficked Location
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
25,424 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.85 AC
Zoning
Z00
Parking
146 Spaces (6.63 Spaces per 1,000 SF Leased)
Frontage
About 9479 MADISON AVE , FOLSOM, CA 95630
This is a rare CVS/pharmacy absolute net leased offering in Folsom, California. The lease calls for zero landlord obligations with ten 5 year options at FMV, along with a rent holiday for the last three years of the lease . The asset is well situated on a major commercial thoroughfare and is nearby Big Lots and Starbucks, and across the street from Golden Valley Charter School. This site also benefits from heavy traffic counts of 17,662 VPD along Madison Avenue.
Property Taxes
| Parcel Number | 223-0200-044 | Improvements Assessment | $3,127,017 |
| Land Assessment | $1,612,882 | Total Assessment | $4,739,899 |
Property Taxes
Parcel Number
223-0200-044
Land Assessment
$1,612,882
Improvements Assessment
$3,127,017
Total Assessment
$4,739,899
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