2330 E Bidwell Street, Folsom, CA 95630 For Sale

2330 E Bidwell Street is an upscale two (2) story medical office building located in Sacramento's most desirable suburb of Folsom. The Property sits squarely in a medical hub anchored by Dignity Health – Mercy Folsom Hospital located less than 1 mile away. The Property measures approx. 39,062 RSF and is leased to a diverse and stable mix of medical and office tenants including Vitero Retinol Medical Group, Folsom Spine Surgery, HMA Architecture, and West Valley Construction. The Property is currently 80% leased to 13 tenants paying an average rent of $1.88 PSF, fully serviced, which is approx. 50% below the average market rent for comparable medical space nearby. The Property is in a unique position to capture the growing demand for medical office space nearby. Over time, a value-add strategy can be implemented to transition the entire tenancy into medical-related practices.