Ceronix Inc. — Sale in Auburn, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Auburn, CA 95602
  • Year built: 1998

Investment Figures

Cap rate
8.08%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the compelling fee simple industrial investment opportunity located at 13350 N ew Airport Road in Auburn, California. Located next to the Auburn Airport Industrial Park, this versatile, single-tenant industrial space comprises a total of 61,334 square feet on a sizable 6.6-acre parcel. The building is configured with 9,138 square feet of office space, 21,758 square feet dedicated to assembly, and 30,438 square feet of warehouse capacity. This layout is ideal for leveraging the Property’s zoning for light industrial uses like manufacturing, assembly, and research and development. The Property features finished sheetrock walls and durable, commercial-grade vinyl tile flooring throughout the office and assembly areas, with large glass panels offering clear visibility between spaces. Capital upgrades significantly improve the asset’s long-term value and enhance the Property’s appeal to modern industrial users. These upgrades include the installation of solar roof panels with an inverter system, energy-efficient exterior lighting fixtures, and an above-average density of electrical and internet connections. With its proximity to major industrial hubs and transportation corridors, this offering presents a highly desirable opportunity for investors searching for a premier industrial asset. Investment Highlights: • STNL Investment property with 5 year term Seller Lease-back. Current annual NOI at $711,128.00 with 3% annual increases • Prime Location in Auburn Airport Industrial Park and Key Transport Routes. ±2 miles from Interstate 80. High Output Well Water operated by Ceronix's Solar System. • Capital Upgrades Include Solar Roof System installed in 2018 by Solar Edge Technology and Upgraded LED Lighting.

Market Context

This industrial in Auburn, CA is listed for sale. It is offered at an approximate 8.1% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1998. It has been on the market for 100 days. Compare it against other industrial listings for sale in Auburn, CA — view the full market.

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