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Lake Forest Tech Center - Business Central

Off-Market

101 Parkshore Drive, Folsom, CA 95630

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  • Property Type Office - Shared Space
  • Property Size 56,000 Sqft
  • Lot Size 3.8 Acre
  • Parking Spaces Avail. 89
  • Parking Ratio 1.60/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999

Location

  • City Folsom, CA
  • Neighborhood Lake Forest Industrial Park
  • Zip Code 95630
  • Market Sacramento

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 26 Feb, 2004
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Folsom

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Folsom Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.31
  • 2020 Office Vacancy Rate 8.81%
  • 2020 Office Completions (Sqft)
View more Folsom market trends

Tax

  • Property Tax in 2021-2022 $128,041
  • Market Value $11,859,025
  • Assessed Value $11,859,025

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Lake Forest Tech Center - Business Central?

Lake Forest Tech Center - Business Central totals 56,000 square feet.

When was this property built?

Lake Forest Tech Center - Business Central was built in 1999.

When was Lake Forest Tech Center - Business Central last sold?

Lake Forest Tech Center - Business Central was last sold on 26 Feb, 2004.

What is the property tax for Lake Forest Tech Center - Business Central?

The property tax for Lake Forest Tech Center - Business Central in 2021-2022 was $128,041.

What is the market value for Lake Forest Tech Center - Business Central?

The market value for Lake Forest Tech Center - Business Central in 2021-2022 was $11,859,025.

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