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.
