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Seirra West Business Park

11702 Enterprise Drive, Auburn, CA 95603

$3,950,000

37,038 SF | Industrial

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Industrial Property For Sale Get Financing

Price:
$3,950,000
Building Size:
37,038 SF
Price/SF:
$106.65
Property Type:
Industrial
Property Sub-type:
Industrial-Business Park
Property Use Type:
Investment
Commission Split:
4.5%
Cap Rate:
8.64%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1988
Clear Ceiling Height:
10 ft.
Lot Size:
2.80 AC
APN / Parcel ID:
001-031-052 & 053
Parking Ratio:
4 / 1,000 SF
Listing ID
15281214
Last Updated
4 days ago

Find Out More...

Utilities

  • Fenced Yard
  • Electricity/Power
  • Sprinklers

Highlights

  • Excellent access to Hwy 80 or Hwy 49
  • Major Tenants include Placer County and State of California tenants
  • On Site Bagel Shop
  • Across the Street from the Post Office
  • Walking Distance to Light Rail
  • Assummable Financing

Description

8.64 % Cap Rate. Below replacement cost @ $128. per sq ft. Multi Tenant leased investment, with a history of low vacancy. Assumable financing @ 5.62% fixed. This business park consists of a 37,038 sq ft concrete tilt up constructed building on a 2.8 acre parcel. The Auburn DMV office is located in this property. Another major tenant within this property is the County of Placer who owns the adjacent building. This property is also within walking distance to the Placer County Campus.

The US Postal Service Main office for Auburn, CA is situated across the street. With these tenants and neighbors, this building is easily a signature location for Auburn. One that all residents know and can easily locate.

With these amenities: 156 on site parking spaces; seven separate electric & gas services; this is a very flexible project. This project has been professionally managed by the same property management company Herb Liverett Companies, Inc. for over 5 years which makes out of town ownership simple and practical.

Less then one mile from Hwy 80 just off Hwy 49. Walking distance to daily service Amtrak rail station. Across the street from the the Post office.

Financial Summary

Debt & Equity Information

  • Actual
  • 2008
  • $432,208

Map of 11702 Enterprise Drive, Auburn, CA 95603 (Placer County)

Research for 11702 Enterprise Drive, Auburn, CA 95603 (Placer County)

  • Demographics – Population, income & other demographics near 11702 Enterprise Drive
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

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Asking Price Index Trends for Auburn, CA Industrial For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$114+1.3%+5.0%
-
Metro
$82-1.6%-5.2%
-
County
$108+1.2%-5.2%

View Auburn Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 8/9/2007
Seirra West Business Park
  • Industrial
  • $3,950,000
  • 37,038 SF