Iron Point Business Park
1110-1180 Iron Point Road, Folsom, CA 95630
Property Overview
Iron Point Business Park is a 211,056-square-foot Class A office park. It consists of five separate buildings: one-, two-, and three-story buildings on a site of approximately 15.71 acres. Four of the buildings were completed in 1999 and the final building was completed in 2001. Each building is located on a separate parcel. Iron Point Business Park is centrally located within Folsom and is visible from U.S. Highway 50.
Investment at a Glance
Location: Folsom, CA
Property Type: Class A Office
Investment Type: Non-Performing First Mortgage
Acquisition Date: March 14, 2011
Purchase Price: $19,750,000
No. of Buildings: 5
No. of Stories: 1, 2 & 3
Square Footage: 211,056 SF
Year Built: 1999 and 2001
Leased Percentage (at the time of Acquisition): 38%
