49 HwyAuburn, CA 95602

Property Details for 49 Hwy

Property size (Sq ft)

176,725 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

Auburn Village Shopping Center, located in Placer County, presents a prime retail investment opportunity. This multi-tenant shopping center boasts a total of 176,725 square feet, with seven spaces currently available, ranging from 1,194 to 3,815 contiguous square feet. A significant 15,429 square feet is currently vacant, offering substantial potential for new tenants. The center enjoys a strong anchor tenant lineup, including a high-volume Bel Air grocery store and a CVS pharmacy. Additional established tenants contribute to a thriving retail environment, such as Sunrise Natural Foods, Leslie’s Pool Supply, Golden 1 Credit Union, MOD Pizza, and Sourdough and Co. Its strategic location on heavily trafficked Highway 49, coupled with a signalized intersection, ensures excellent visibility and convenient access for customers. The property benefits from a Net Net Net (NNN) lease structure, with estimated annual expenses of $7.30 per square foot. This established shopping center offers a compelling combination of strong existing tenants, high visibility, and significant expansion potential, making it an attractive investment for discerning buyers. The minimum divisible space is 1,194 square feet.

Location Insight

City

Auburn

County

Placer

State

California

Latitude

38.9895

Longitude

-121.11

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