For Sale
$29,730,000

2825 Grass Valley HwyAuburn, CA 95603

Auburn, CA: Prime Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 67,825 square foot shopping center presents a compelling investment opportunity. Located at 2825 Grass Valley Hwy, Auburn, CA 95603, this property boasts a prime location in Placer County, directly accessible from Interstate-80, ensuring high visibility and traffic. Built between 2015 and 2017, the center comprises four single-story buildings situated on a 6.62-acre lot. Currently operating at 100% occupancy, the center houses fourteen tenants, including a strong mix of national brands such as Starbucks, Chick-fil-A, PetSmart, Panda Express, and Smart & Final. The property's strong tenant base contributes to a substantial Net Operating Income (NOI) of $1,858,116, resulting in an attractive 6.25% capitalization rate. The asking price for this highly sought-after retail center is $29,730,000. This is a rare opportunity to acquire a well-established, high-performing shopping center in a thriving California market. The landlord-friendly environment and prominent location within Auburn's main retail corridor make this an exceptional investment prospect. The property's strong performance and established tenant roster offer significant long-term value and potential for continued growth. This is a must-see opportunity for discerning investors seeking a stable and high-yielding asset.

Highlights

  • 67,825 SF shopping center in Auburn, CA, offering a 6.25% cap rate.
  • Prime Placer County location with I-80 access, ensuring high visibility.
  • 100% occupied with 14 tenants, including Starbucks, Chick-fil-A, PetSmart, Panda Express, and Smart & Final.
  • $29,730,000 asking price with a strong NOI of $1,858,116.
  • Landlord-friendly environment in Auburn's main retail corridor.

Property Details for 2825 Grass Valley Hwy

Property type
Lifestyle centers, Power centers
Square Feet
67,825 SF
Year Built
2015
Buildings
4
Stories
1
Lot Size (sq. ft)
288,367 SF

Location Insight

City
Auburn
County
Placer
State
California
Latitude
38.9400355
Longitude
-121.0977277
2825 Grass Valley Hwy, Auburn, California

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2825 Grass Valley Hwy
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