21 Natoma St - Office FOR SALE


Folsom, CA 95630
$2,495,000 USD
916-920-4400
21 Natoma St, Folsom, CA for Sale
$2,495,000 USD
Office - FOR SALE
1/26
null | 4.32% Cap Rate

21 Natoma St
Folsom, CA 95630


HIGHLIGHTS

  • Stable asset located in the heart of Folsom
  • 3 of the 7 tenants have options to renew
  • Highly visible building with daily traffic counts exceeding 15,000
  • Ample parking with a ratio of 5 stalls per 1,000 square fee
  • Natoma Street is a major connector between El Dorado Hills to Folsom
  • Flexible C-2 zoning is suitable for a variety of uses

OVERVIEW

Newmark is pleased to exclusively offer a prime investment opportunity for sale: A fully leased, multi-tenant property located in the vibrant city of Folsom, California. Situated at 21 Natoma Street, this property features an approximately 8,148 square foot building within a complex at Natoma Professional Center which is comprised of four office buildings. Constructed in 2005 on a lot size of roughly 0.63 acres, the building enjoys full occupancy by seven well-established tenants. Strategically positioned to benefit from the bustling Natoma Street corridor, the site is ideally located near City Hall, a variety of local amenities, and both elementary and middle schools. With high-quality, fully leased investment properties in scarce supply, 21 Natoma Street offers a reliable investment opportunity in Folsom, characterized by stable, long-term tenants and a proven track record of demand. Additionally, this asset has well configured office suites. This is critical in today’s office market and this is an ideal asset.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

4.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

21 Natoma Street

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C-2

APN/PARCEL ID

071-0310-012

ASK ABOUT THIS PROPERTY

Jason BrinitzerNewmarkMore Info
916-920-4400

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Jason BrinitzerNewmarkMore Info
916-920-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.