For Auction

Auburn Airport Industrial | Owner-User, Value-Add Upside

12745 Earhart Avenue,
Auburn, CA 95602

Asset Snapshot

Real Estate
Asset Type
Industrial
Property Type
1993
Year Built
1
Building Count
120
Parking Spots
7.11 Acres
Land Area
164,298 SF
Property Size
30 Ft
Clear Height
Rear-Load
Dock Configuration

Investment Highlights

Adjacent to Auburn Municipal Airport
Direct airport access broadens the pool of logistics and aviation-related tenants and buyers.
30-Foot Clear Height, 27 Loading Doors
Twenty-five dock-high and two grade-level doors support high-throughput distribution flows.
1200A, Three-Phase 480V Power Service
480V, 4-wire electrical service supports heavy industrial and distribution operations.
Ground Lease Lifts Depreciable Basis
Leasehold structure may let a buyer depreciate improvements faster than a fee-simple purchase.
Ground Lease Renewable Through 2067
Auburn has signaled openness to extending the term and lowering rent on the underlying lease.
Site Plan Supports Five-Unit Subdivision
Site plan and proforma model show the building splitting into up to five leasable units.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 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.

Due Diligence

Location

12745 Earhart Ave sits in Auburn's airport-industrial corridor near Wilbur Way and Locksley Lane, directly adjacent to Auburn Municipal Airport in North Auburn. The site is 33 miles southeast of Sacramento with direct access to Interstate 80, linking tenants to the broader Sacramento-Roseville metro, Placer County's largest jobs market and government seat.

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Emilio Lemeni
c/o Fisher Auction Company Inc.
License: 00961384

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Auction Opens In
45d 21h 53m 17s
$3,750,000
Starting Bid
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Bidding Opens
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Investment Sales Brokers

MH
Zach Sattler
Marcus & Millichap
CA License: 02246532
Mike Banwell
Marcus & Millichap
CA License: 02045460
TS
Tony Solomon
Marcus & Millichap
CA License: 01238010

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.