Crossroads Shopping Center 3 Retail Properties Offered at $11,250,000 in Auburn, CA



INVESTMENT HIGHLIGHTS
- Three (3) retail buildings total including: two (2) single tenant buildings, and one (1) in-line multi-tenant building
- MAJOR TENANTS: Ross Dress for Less, AutoZone, Famous Footwear, Mountain Mikes Pizza
- 97.1% Occupied
- All Triple-Net (NNN) Leases
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Price | $11,250,000 |
Price / SF | $240.60 / SF |
Sale Condition | 1031 Exchange |
Cap Rate | 6.34% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 46,758 SF |
Total Land Area | 5.50 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Crossroads Shopping Center
2520-2548 Bell Rd, Auburn, CA 95603 |
Retail | 14,458 SF | 1994 | - |
2580 Bell Rd, Auburn, CA 95603 | Retail | 6,800 SF | 1996 | - |
Ross Dress For Less
2590 Bell Rd, Auburn, CA 95603 |
Retail | 25,500 SF | 1994 | - |
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