Listing banner image
  • Asking Price
    $14,875,000Asking Price
  • Property Type
    IndustrialProperty Type
  • Price/SF
    $224Price/SF
  • Square Feet
    66,414 SFSquare Feet
  • Year Renovated
    2015Year Renovated
  • Zip Code
    95630Zip Code

Description

CBRE is pleased to present the Agilent Technologies, Inc. Manufacturing Facility, a pristine, triple-mint industrial asset offered at $14,875,000 ($224 per square foot). Fully leased to Agilent Technologies, Inc. on a long-term lease through May 31, 2036—with two five-year renewal options—the offering delivers a current net operating income of $868,695 and a 6.0 % capitalization rate. This transaction offers immediate cash flow and a mission-critical, credit-worthy tenant in a cutting-edge manufacturing and testing facility supporting food-safety analytical solutions.

Situated at 91 Blue Ravine Road in Folsom, California, the ±66,414 square-foot complex occupies 4.39 acres within an M-1 PD (Light Industrial/Planned Development) zoning district. Originally constructed in 1984 and comprehensively renovated in 2015, the facility features a fully functional fire sprinkler system, enhanced security-alarm infrastructure and 194 on-site parking stalls. The building’s design accommodates both heavy-duty manufacturing and precision laboratory support functions in a single, efficient footprint.

Agilent’s operations at this site encompass order fulfillment and supply-chain management for chromatography columns and related consumables; production, stocking and distribution of scientific consumables; dedicated customer applications laboratories and collaboration spaces; and manufacturing-support operations for chromatography hardware components. Agilent, a tenant since 2008, has continually reinvested in the campus—including the 2016 debut of its adjacent $14.7 million, ±53,000 square-foot Center for Excellence—underscoring their commitment and fostering a highly specialized industrial ecosystem.

Positioned within the Sacramento metropolitan industrial corridor, this property benefits from access to a deep labor pool, proximity to regional research institutions and seamless connections to major transportation routes. Investors seeking a stable, single-tenant industrial asset with mission-critical applications in a growth market will find this offering an exceptional addition to their portfolio.

Offering Summary

  • Asking Price
    $14,875,000
  • Price PSF
    $224
  • Property Type
    Industrial
  • Size
    66,414 SF
  • Available
    66,414 SF
  • Built
    1984
  • Parking
    194
  • Total Acres
    ~4.39 ac

Sale Details

  • Cap Rate
    6.0%
  • NOI
    $868,695
  • Unlevered IRR
    5.88%

Documents

Property Address

91 Blue Ravine Road
Folsom, CA 95630

Property Details

  • Total Acres
    4
  • Property Type
    Industrial
  • Square Feet
    66,414 SF
  • Available Space (SF)
    66,414 SF
  • Occupancy
    0%
  • Year Built
    1984
  • Year Renovated
    2015
  • Total Parking
    194
  • Zoning
    M-1 PD (Light Industrial/Planned Development)
  • APN
    069-0250-027-0000

Deal Team

Randy Getz profile image

Randy Getz

Executive Vice President Executive Vice President
CBRE
CA RE Lic. 00828903
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