12120 New Airport Rd - Drug Store FOR SALE


Auburn, CA 95603- Country Club Estates
$6,050,000 USD
650-333-5092
12120 New Airport Rd, Auburn, CA for Sale
$6,050,000 USD
Drug Store - FOR SALE
1/5
null | 7.36% Cap Rate

12120 New Airport Rd
Auburn, CA 95603
Country Club Estates


HIGHLIGHTS

  • Positioned Directly Across from Auburn Village - 130,000 Square Foot Retail Center Anchored by Bel Air Markets
  • Located Along Dominant Retail Corridor -Surrounding Retailers Include Target, Harbor Freight, Safeway, Home Depot, Chick-Fil-A and Many Others
  • Retail Destination for Lake Tahoe Bound Travelers from Sacramento and San Francisco Bay Area
  • Excellent Exposure Along Main Traffic Artery - Daily Traffic Counts Exceeds 41,000 Vehicles
  • Hulbert Court Car Wash and Self-Storage 840-square-foot automated car wash and a 78,450-square-foot self-storage facility
  • Closest Walgreens is 20 plus miles away from this site

OVERVIEW

This net-leased Walgreens opportunity is strategically positioned directly across from Auburn Village, a ±130,000 square foot grocery-anchored retail center featuring Bel Air Markets. Located along Auburn’s dominant retail corridor, the property benefits from strong co-tenancy and proximity to national retailers including Target, Harbor Freight, Safeway, Home Depot, Chick-fil-A, and more. The subject property offers a superior corner location, out-positioning nearby competitors such as CVS, with the nearest Walgreens located over 20 miles away—further strengthening its market dominance and customer draw. With outstanding visibility along a primary traffic artery exceeding 41,000 vehicles per day, the site captures both local and regional consumer traffic. The location also serves as a key retail destination for travelers heading to Lake Tahoe from Sacramento and the San Francisco Bay Area. The area continues to experience growth, with an adjacent approved development at the former lumber mill site called the Hulbert Court project featuring a new automated car wash, 78,000 sq. ft. self-storage facility, and RV/boat storage. This is an opportunity to acquire a high-yield, passive investment in a growing Northern California trade area with strong fundamentals and long-term upside.

FOR SALE DETAILS

PRICE

$6,050,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | 8.51% Yield w/Seller Financing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C-2

APN/PARCEL ID

052-102-064

ASK ABOUT THIS PROPERTY

Suheil SahouriaThe Trafton GroupMore Info
650-333-5092

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Suheil SahouriaThe Trafton GroupMore Info
650-333-5092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.