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.