Crossroads Shopping Center Retail FOR SALE


Auburn, CA
$11,250,000 USD
916-751-3625
, Auburn, CA for Sale
$11,250,000 USD
Retail - FOR SALE
1/15
null | 6.34% Cap Rate

Crossroads Shopping Center
Auburn, CA


HIGHLIGHTS

  • Three (3) retail buildings total including: two (2) single tenant buildings, and one (1) in-line multi-tenant building
  • 97.1% Occupied
  • MAJOR TENANTS: Ross Dress for Less, AutoZone, Famous Footwear, Mountain Mikes Pizza
  • All Triple-Net (NNN) Leases

OVERVIEW

Crossroads Shopping Center is a premier, grocery anchored retail destination located in Auburn, within the Sacramento MSA. The center is a stable investment opportunity shadow anchored by name brand tenants like Safeway (NAP), Ross Dress for Less, AutoZone, and Famous Footwear. These high performing retailers provide a solid foundation of consumer traffic and long-term stability. The total square footage of this acquisition is ±46,948 SF. The property boasts an established and secure income stream, with 75% of the GLA leased to original tenants since its development in 1994. The average tenure of current tenants exceeds 20+ years. Ross has been located at this center since 1994, demonstrating confidence in the location’s continued success. AutoZone, occupying a high-visibility out-pad parcel, underwent a full remodel at its own expense, including a new façade, flooring, HVAC system, energy-efficient lighting, and updated signage. This investment highlights the strong commitment of tenants to the property’s long-term viability. Crossroads is home to a high-quality tenant mix, with 91.9% of leased GLA occupied by national and regional retailers. Notably, Ross and AutoZone are both investment grade tenants, providing additional financial security for investors. Crossroads Shopping Center represents a rare opportunity to acquire a high-quality retail asset in a prime location with strong, stable tenants and excellent investment fundamentals. Whether for portfolio expansion, 1031 exchange, or a secure, long-term investment, this property presents an outstanding acquisition opportunity in one of Northern California’s most desirable retail markets.

ASK ABOUT THIS PROPERTY

Tyler BoydKidder MathewsMore Info
916-751-3625

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Tyler BoydKidder MathewsMore Info
916-751-3625

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