Investment Overview

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3475 12745 Earhart Ave in Auburn, CA is a ±148,050 SF warehouse/distribution building (±164,298 SF with office/mezzanine) built by Panattoni in 1993, directly adjacent to Auburn Municipal Airport. The building sits on ±7.11 acres of leasehold land under a City of Auburn ground lease and offers 30' clear height, 25 dock-high doors plus 2 grade-level doors, 1200A/480V three-phase power, full wet-pipe sprinklers, and 120 surface parking spaces. The facility is fully vacant, creating immediate move-in optionality for an owner-user or a value-add lease-up for an investor; the site plan also supports subdividing the building into up to five leasable units. Because the asset is ground leased, a buyer may benefit from a higher depreciable basis than in a typical fee-simple purchase, subject to buyer/CPA review. The in-place lease runs through 5/18/2042 with a 25-year option to extend to 5/28/2067, and Auburn has expressed willingness to amend the lease to extend the term and reduce rent. Auburn sits in the Sacramento-Roseville metro, 33 miles southeast of Sacramento and adjacent to Interstate 80, giving the site strong regional logistics access, while airport proximity broadens the potential tenant and buyer pool to aviation-related and time-sensitive users in a submarket with limited airport-adjacent industrial supply.