Multi-Tenant Office Building for Sale

Auburn Oaks Plaza offers a substantial upside in rents, with the potential to dramatically increase the property's value through the aggressive lease-up of the 25% vacant space, totaling approximately 10,659 RSF. This presents a prime opportunity for investors to enhance revenue and improve the overall financial performance of the property.
The property is multi-tenant in nature, with tenant spaces ranging from 500 RSF to just under 5,000 RSF. This diverse tenant mix allows potential investors to mitigate risk by not relying on a single tenant, thereby reducing the possibility of a significant vacancy all at once. Additionally, its strategic location near the Interstate 80 interchange and less than 2.9 miles from the City of Roseville offers tenants a lower-cost alternative to office space in Roseville, which typically has higher rents and lower vacancy rates. The property also includes excess land with the potential to add a pad site at the corner of Auburn Boulevard and Auburn Oaks Court, further enhancing its development possibilities. (Seller does not know the exact size of the pad as it is not on a separate parcel.)