Value-Add MOB in Auburn's Primary Medical Hub 3111 Professional Dr 700 m² Inoccupé Bureau Vente aux enchères en ligne Auburn, CA 95603

Colliers is pleased to exclusively present the opportunity to acquire the fee simple interest in 3111 Professional Drive in Auburn, California. This freestanding medical office building comprises 7,531 square feet that will be delivered vacant, offering an immediate leasing or occupancy upside. The property’s 1.24-acre lot also includes excess land for future expansion, providing multiple value-add growth strategies to a new owner.

The property was originally built in 1987 and has been expertly maintained, providing a clean and quiet asset with attractive curb appeal. Its flexible layout supports medical tenants with a welcoming reception and waiting area, multiple exam rooms, an open work area, private offices, conference space, and accessible restrooms. The property includes a large, paved parking area with convenient ingress/egress from Professional Drive, providing easy access options for staff and clients alike. The excess land at the property has in-place plans for the creation of a 5,200-square-foot medical facility, adding to the long-term profitability of the asset.

3111 Professional Drive enjoys a prominent location within Auburn’s primary healthcare node, neighbored by Sutter Imaging/Surgery Center and Davita Auburn Dialysis and just a half-mile from Sutter Auburn Faith Hospital. This focal point for the area’s medical industry has drawn many medical offices, private practices, memory care facilities, and senior living communities to the surrounding area, creating exceptional partnership and referral opportunities for medical tenants at the subject property.

Easily accessible from the Highway 49 and Interstate 80 corridors, the property is well-positioned to serve clients from across the greater region. Patients and commuters can reach the facility in just 30 minutes from Roseville and 47 minutes from Sacramento. Additionally, the site is just minutes from major retail centers with national brands like Target, Home Depot, Ulta Beauty, PetSmart, Chick-fil-A, Starbucks, Chipotle, and more, enhancing convenience for employees.

As part of the Auburn/Lincoln Office Submarket, the new owner of 3111 Professional Drive will be able to leverage strong fundamentals to aid their potential leasing strategies. The submarket currently boasts vacancies of just 5.7%, and with no new inventory currently under construction, supply-side competition is highly limited. This competitive environment has driven rents up 3.2% during the past 12 months, providing exceptional return potential for value-add investors. The area’s sustained growth is due largely to favorable demographics within 5 miles of the property. Currently, the area is home to more than 42,500 residents with an average household income of over $116,000 and over $639 million in annual consumer spending. Over $33 million is spent on healthcare services each year, creating a valuable market segment for medical businesses and investments.

Combining a fully built-out medical office facility with an easily accessible location in Auburn’s main healthcare hub and diverse growth opportunities, 3111 Professional Drive provides the perfect choice for medical office tenants and investors looking to make a mark in Placer County. Currently, there is a OA (Overflight) zoning restriction on the property. https://ecode360.com/43591594

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