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CERONIX 13350 New Airport Rd 61,334 SF 100% Leased Industrial Building Auburn, CA 95602 $8,800,000 ($143.48/SF) 8.08% Cap Rate

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Investment Highlights

  • 5 Year Sale Leaseback
  • 1 minute walk to Auburn Airport - Classified in Foreign Trade Zone
  • Assembly Sf: ±21,758 Sf - large open work area with a suspended T-bar acoustical ceiling with flush mounted LED lighting fixtures - Lab Tech
  • Solar Roof Array - 4000 Sharp 185 Watt Modules, 400 KW PV Inverter System , 2 Zantrex PV-225208 3-phase inverters
  • Professional Office Sf: ±9138 Sf - The interior finish in the office area consists of marble tile; commercial grade carpet and vinyl floors
  • Warehouse Sf: ±30,438 sf with 24' Clear Ceiling Height - 6 Roll Up Doors ; 5 Truck Wells

Executive Summary

The subject property consists of a single tenant industrial building of good quality Class C construction known as Ceronix, Inc., containing a gross building area of 61,334+- SF originally built in 1999 situated on an irregular shaped site area of 6.40+- acres gross. The site is situated at the southeast comer of New Airport Road and Airpark Court, and just north of the Auburn Ridge Country Club and 18-hole golf course and event facility. ±9,138 Sf of Professional Offices, ±21,728 Sf Assembly Area, ±30,438 SF Warehouse area, and a commercial cafeteria and small day care center.
STNL NNN Investment: 5 year sale lease-back opportunity. NOI $711,128 at 8.08% CAP Rate
The property has Solar Roof Panels: 2160 Sharp 185 Watt Modules, 400 KW PV Inverter System , 2 Zantrex PV-225208 3-phase inverters.

Property Facts

Price $8,800,000
Price Per SF $143.48
Sale Type Investment or Owner User
Cap Rate 8.08%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Research & Development
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 6.60 AC
Rentable Building Area 61,334 SF
No. Stories 1
Year Built 1998
Parking Ratio 2.92/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Zoning INP-DC - Zoning: INP-DC: Industrial Park District: The subject property zoning classification is "INP-Dc-AO" or Industrial Park. The industrial park (INP) zone

Amenities

  • Bio-Tech/ Lab Space
  • Fenced Lot
  • Skylights

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Ceronix
  • Retailer
  • -
  • -
  • -
  • Electro Reps
  • Public Administration
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Ceronix Retailer - - -
Electro Reps Public Administration - - -

Property Taxes

Property Taxes

Parcel Number
052-190-088
Land Assessment
$1,298,185
Improvements Assessment
$6,407,953
Total Assessment
$7,706,138
  • Listing ID: 36303242

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: 13350 New Airport Rd, Auburn, CA 95602

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