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118 WOODMERE RD #110 Folsom CA 95630

[Locked] • APN 071-0530-002

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Details
Property Type Industrial, Mixed Use (+2)
Sub Type Flex
Building SqFt 22,140
Year Built 1992
Lease Type ******
Days on Market ******
APN 071-0530-002
Latitude 38.6568
Longitude -121.1839

Property History

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Property Type
Property Type
Industrial, Mixed Use, Retail, Special Purpose
Property Subtype
Flex
Marketing Description

TENANT DESCRIPTION

Ensemble Performing Arts, (www.ensembleschools.com) which recently acquired Hawkins School of Performing Arts, is headquartered in Denver Colorado and operates over 65 locations across the United States. Hawkins was founded and has been a mainstay in our region for over 30 years, with over 18 years at the present site, which drove the Ensemble acquisition.

In 2024 Inc. 5000 ranked Ensemble No. 195 as they had 3-year revenue growth over 2,019%. Each Ensemble school has a longstanding reputation in its respective community. Ensemble works every day to continue to fulfill the promise of high quality education, and they feel the weight of that responsibility to their students, parents, and teachers. The school s a leader in the performing arts; offering programs in dance, music/musical theater and acrobatics.

LOCATION DESCRIPTION

Located in Folsom’s Lake Forest Tech Center, this property offers the new tenant a location, just off Highway 50 within close proximity to area employees living in Sacramento, Placer and El Dorado counties. The site is 25 minutes from downtown Sacramento and 35 minutes from Sacramento International Airport. Located off Folsom Auburn Road, just 2 miles off Highway 50 at the entrance to Lake Forest Tech Center and adjacent to Lake Natoma, one of the top recreational areas. Additional park tenants include: Powerschool, SMUD, Agilent Technologies, Johnson Controls, General Dynamics, Muslim Community of Folsom, Harley Davidson.

Folsom top employers include: Intel, California State Prison, Folsom Cordova School District, Folsom Prison, Mercy Hospital of Folsom and California ISO.


The investment opportunity offers a the new owner a well positioned building in Folsom, 70+% leased to a national tenant, with opportunity to increase the yield with the lease up of two additional suites.

Investment Highlights
  • National Tenant Anchored: Ensemble Performing Arts

  • Annual Rent Increases

  • Solar on Roof

  • High Profile Adjacent Tenants

  • Affluent Community with Strong Demographics

  • Direct Access to American River Bike/Walking Trail

  • Walking Distance to Restaurants and Retail Shopping

  • Within walking distance of Light Rail station, and the planned ±100,000 SF, $145M SMUD Administrative Operations Center

  • Upside in Leasing the Remaining Two Suites

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
HC
Heath Charamuga PRO
•••.•••.3037
•eath@••••-•••.com
Brokerage logo
Listing removed on
 BY:
SL
Scott Laeber PRO
•••.•••.9384
•cott@••••-•••.com
Brokerage logo

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