By Sara Beth Williams–
A buyer is being sought for three office properties in Citrus Heights, with a $4.4 million price tag.
The three properties, which make up the Auburn Oaks Plaza on Auburn Boulevard and Auburn Oaks Court, feature nearly 42,000 square feet of office space, according to commercial real estate site LoopNet. The three office buildings are for sale as a package deal and sit on almost 11 acres of land.
According to the listing, the property has 25 percent, or 10,659 square feet of rentable vacant office space available, and includes a section of “excess land” that could potentially include another pad site at the corner of Auburn Boulevard and Auburn Oaks Court. The exact size of the extra parcel is not known.
The three buildings on the property offer a total of 11 tenant spaces, according to commercial real estate company NEWMARK, with spaces ranging from 500 to just under 5,000 rentable square feet (RSF).
The first building is comprised of 18,400 square feet, building 2 is 20,200 square feet, and building 3 is 3,990 square feet. All buildings were built in 1988, according to the listing.
The office complex sits adjacent to Harris Industrial Gases and is directly across from a tire shop and collision repair shop, as well as a vacant property at the corner of Twin Oaks Avenue and Auburn Boulevard, slated to become a Food Truck Plaza.
Related: Plans move forward for new food truck plaza in Citrus Heights
The plaza is also located near the Riverside and Interstate 80 exit, near the border with Roseville.
“You’re close to Roseville, but the rents aren’t as high as in Roseville,” Senior Managing Director Rich Ellsworth with NEWMARK told The Sentinel Wednesday. According to the listing, the plaza’s proximity to Roseville offers tenants “a lower-cost alternative” for office space.
The plaza currently houses several businesses, including Del Oro Caregiver Resource Center, Madrone Ecological Consulting, Prestwood IT Solutions, Phlebotomy Training Solutions, and a discount fireworks superstore.
A buyer is being sought for three office properties in Citrus Heights, with a $4.4 million price tag. The three properties...
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