Retail Properties in Folsom, California, offer a unique investment opportunity, with the city's rich history and growing economy making it an attractive location for businesses and residents alike. As a hub for technology, education, and healthcare, Folsom is home to major employers like Intel, the largest private employer in the Sacramento area. Retail Properties in Folsom can represent a range of investments, from small shops and restaurants to larger commercial buildings, each offering a unique opportunity to capitalize on the city's growth. With its excellent amenities, including Folsom Lake College, Folsom High School, and the historic downtown district, Folsom is an ideal location for businesses looking to establish a strong presence. The city's infrastructure, including the light rail train system and the Folsom Stage Line public bus service, provides easy access to Downtown Sacramento and other surrounding areas. Folsom's geography, situated in the foothills of the Sierra Nevada, also offers a unique blend of natural beauty and urban convenience. With its strong economy and excellent amenities, Folsom is a great place for business and travel, attracting visitors and residents alike with its charming historic district, outdoor recreational opportunities, and cultural attractions like the Harris Center for the Arts.
Currently, there are 7 Retail Properties available for sale in Folsom, offering a range of investment opportunities. In addition to Retail Properties, Folsom also offers a range of other property types, including Shopping Centers, which can provide a hub for local businesses and services. Restaurants in Folsom offer a unique opportunity to capitalize on the city's growing food scene, with a range of cuisines and dining options available. Office Properties in Folsom are also in high demand, with many businesses looking to establish a presence in the city's growing economy. Hotels in Folsom offer a unique opportunity to capitalize on the city's tourism industry, with visitors drawn to the city's outdoor recreational opportunities and cultural attractions. With its strong economy and excellent amenities, Folsom is an attractive location for businesses and investors alike, offering a range of property types and investment opportunities. The city's unique blend of natural beauty, urban convenience, and cultural attractions makes it an ideal location for businesses looking to establish a strong presence in the Sacramento area.
What is the average cap rate for retail properties in Folsom?
When it comes to retail properties in Folsom, investors can expect an average cap rate of 5.71%, which is a key metric to consider when evaluating potential investments. For those new to commercial real estate investing, it's essential to understand what a cap rate is - essentially, it's the rate of return on investment based on the property's net operating income and value, and you can learn more about it in our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Folsom, California, the location and foot traffic of retail properties significantly impact their values. For instance, retail properties situated in high-traffic areas like the historic downtown district, near Folsom Lake, or along Highway 50 tend to command higher prices due to their visibility and accessibility, with an average price per square foot of $416 USD and an average size of 14,242 square feet, making them attractive investments for retailers and investors alike.
