Single-Tenant Industrial
Ceronix Inc.
13350 New Airport Rd, Auburn, CA 95602
Listing Price: $8,500,000
Investment Overview
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.
Ceronix Inc.
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.
Listing Price: $8,500,000
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.
Investment Overview
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.
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