Property Type: Retail
Address: 7927 Auburn Blvd, Citrus Heights, CA 95610
Price: $4,500,000
Cap Rate: 7.06%
Building SF: 28,800 SF
Year Built: 1980
• Large 3.25 acre lot
• 100% ocuppied
• Surrounded by dense residential housing
• Rents are below market rate
• With only 2 of the 7 tenants paying CAM,
new owner can implement Cam charges
for the other 5 tenants
• Strong & diversified tenant mix
• High visability/ Traffic Counts
Jahnrich Commercial is pleased to present the opportunity to
purchase the multi-tenant shopping center known as Grand
Oaks Shopping Center East, located at 7927 Auburn Blvd,
Citrus Heights, CA. The 28,800 SF shopping center is situated
on a 3.25 acre parcel along Auburn Blvd and adjacent to Grand
Oaks Blvd. The Property is 100% occupied by 7 highly
synergistic regional and local tenants. The tenant lineup is
Ecommerce resistant with service oriented operators. The
adjoining Parcel located inside the same shopping center (not
a part of the sale) is occupied by National tenant Dollar
General. Dollar General is one of the largest dollar store chains
in the US providing a strong anchor to Grand Oaks Shopping
Center.