For Sale
$5,206,278

500 Auburn Folsom RdAuburn, CA 95603

High-Cap Rate Office Building in Auburn, CA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story office building, situated on a 0.91-acre parcel in Auburn, California, presents a compelling investment opportunity. Boasting 17,654 square feet of space, the property commands a price of $5,206,278, translating to $294.91 per square foot. Constructed in 2007, this multi-tenant building enjoys a prominent location within Auburn, recognized as a signature property. Its strategic placement provides convenient access to both Interstate 80 and Highway 49, ensuring excellent visibility and accessibility for tenants and clients. The building's strong performance is reflected in its attractive 6.50% capitalization rate, making it an ideal addition to any investment portfolio. The property's address is 500 Auburn Folsom Rd, Auburn, CA 95603, within Placer County. This well-maintained building offers a significant opportunity for investors seeking a stable, high-yield asset in a desirable California location. The building's multi-tenant structure provides diversification and potential for future income growth. Its modern design and prime location make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a high-quality, established office building in a thriving market.

Highlights

  • $5,206,278 asking price.
  • 17,654 square foot office building.
  • $294.91 price per square foot.
  • 6.50% cap rate.
  • Built in 2007.

Property Details for 500 Auburn Folsom Rd

Property type
Office properties
Square Feet
17,654 SF
Year Built
2007

Location Insight

City
Auburn
County
Placer
State
California
Latitude
38.889014969998
Longitude
-121.07786248245
500 Auburn Folsom Rd, Auburn, California

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500 Auburn Folsom Rd
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