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Value-Add MOB in Auburn's Primary Medical Hub 3111 Professional Dr Vacant Office Building Online Auction Sale Auburn, CA 95603



Investment Highlights
- 3111 Professional Drive provides a vacant, fully built-out medical office building, offering a compelling lease or occupancy upside to a new owner.
- Flexible layout with reception/waiting area, multiple exam rooms, conference space, open work areas, private offices, and accessible restrooms.
- Near major retail centers with national brands like Target, Home Depot, Ulta Beauty, PetSmart, Chick-fil-A, Starbucks, Chipotle, and more.
- 1.24 acres with land for expansion and plans in place for a 5,200-square-foot medical facility, offering significant long-term growth potential.
- Within Auburn’s primary medical hub, neighbored by Sutter Imaging/Surgery Center and just half a mile from Sutter Auburn Faith Hospital.
- Competitive office submarket with 5.7% vacancies, no new inventory under construction, and 3.2% rent growth over the past 12 months.
Executive Summary
The property was originally built in 1987 and has been expertly maintained, providing a clean and quiet asset with attractive curb appeal. Its flexible layout supports medical tenants with a welcoming reception and waiting area, multiple exam rooms, an open work area, private offices, conference space, and accessible restrooms. The property includes a large, paved parking area with convenient ingress/egress from Professional Drive, providing easy access options for staff and clients alike. The excess land at the property has plans in place for the creation of a 5,200-square-foot medical facility, adding to the long-term profitability of the asset.
3111 Professional Drive enjoys a prominent location within Auburn’s primary healthcare node, neighbored by Sutter Imaging/Surgery Center and Davita Auburn Dialysis and just half a mile from Sutter Auburn Faith Hospital. This focal point for the area’s medical industry has drawn many medical offices, private practices, memory care facility, and senior living communities to the surrounding area, creating exceptional partnership and referral opportunities for medical tenants at the subject property.
Easily accessible from the Highway 49 and Interstate 80 corridors, the property is well-positioned to serve clients from across the greater region. Patients and commuters can reach the facility in just 30 minutes from Roseville and 47 minutes from Sacramento. Additionally, the site is just minutes from major retail centers with national brands like Target, Home Depot, Ulta Beauty, PetSmart, Chick-fil-A, Starbucks, Chipotle, and more, enhancing convenience for employees.
As part of the Auburn/Lincoln Office Submarket, the new owner of 3111 Professional Drive will be able to leverage strong fundamentals to aid their potential leasing strategies. The submarket currently boasts vacancies of just 5.7%, and with no new inventory currently under construction, supply-side competition is highly limited. This competitive environment has driven rents up 3.2% during the past 12 months, providing exceptional return potential for value-add investors. The area’s sustained growth is due largely to favorable demographics when looking within 5 miles of the property. Currently, the area is home to more than 42,500 residents with an average household income over $116,000 and over $639 million in annual consumer spending. Over $33 million is spent on healthcare services each year, creating a valuable market segment for medical businesses and investments.
Combining a fully built-out medical office facility with an easily accessible location in Auburn’s main healthcare hub and diverse growth opportunities, 3111 Professional Drive provides the perfect choice for medical office tenants and investors looking to make a mark in Placer County.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 100
- 1,500-7,531 SF
- Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 1,500-7,531 SF | Medical | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 1,500-7,531 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
About Auburn/Lincoln
Auburn sits about 40 miles northeast of Sacramento, at the base of the Sierra Nevada mountains in California’s historic Gold Country.
While metropolitan-area office space has been in short supply for several years now, vacancies here are typically well below the Sacramento norm. This is due in part to a lack of new supply to choose from; in the past decade, Auburn’s footprint has only expanded by about 30,000 SF.
Local government, particularly Placer County, drives demand for office space, as do medical-related tenants. This is largely owed to the presence of Sutter Auburn Faith Hospital, part of the Sutter Health system.
Despite Auburn’s historically tight vacancy rate, office space can be found at a considerable discount to the metropolitan area’s average.
Demographics
Demographics
Sale Advisor
Curt Allen, Associate Vice President
After starting his career in brokerage and successfully closing his first medical office building transaction in 2014, Curt transitioned into a development role within the hospitality industry. This experience working with real estate developers and owners to identify key development locations, perform real estate underwriting, and negotiate long-term franchise agreements provided him with a deep appreciation for the broker/client relationship. Diligence, commitment, and delivery of informative, actionable data has helped him create lifelong relationships with his clients.
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Value-Add MOB in Auburn's Primary Medical Hub | 3111 Professional Dr
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