Ross Anchored | Safeway Shadow Anchored | AutoZone on Pad

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in a portion of the Crossroads Shopping Center. Retailers in the offering include Ross, AutoZone (pad), Famous Footwear, Mountain Mike’s, Flaming Burrito, Mood Nails, and Happy Cigar and Cigarettes. The subject property consists of three separate buildings which total 46,948 square feet and reside on 5.50 acres of land. Crossroads Shopping Center tenants benefit from excellent exposure, quick access to Grass Valley Hwy with traffic counts of 38,566 vehicles per day and consumer spillover from surrounding prominent retailers; Target, Safeway (Shadow Anchored), Wendy's and Applebee's.
Ross and Famous Footwear have operated at this location for over 29 years as well as Great Clips and Mountain Mike's Pizza with over 20 years on-site at the Crossroads. Safeway just sold for $20.5M - 5.18% CAP Rate - $349.91 per square foot and Wendy's sold in 2022 for $3.3M - $1,127.86 per square foot, a testament to the strength of this market.

The city of Auburn is considered one of the best places to live in Northern California. Auburn, located 30-miles east of Downtown Sacramento, continues to be a choice for the growing population of people seeking an affordable live-work-play lifestyle giving its proximity to the Bay Area, Napa Valley, and Lake Tahoe. The city is situated between Sacramento and Lake Tahoe, at the crossroads of Interstate 80 and historic Highway 49 in the heart of the Gold Country. Located at the crossroads of I-80 and historic Highway 49, Auburn is the county seat of Placer County.
Placer County stretches from urban South Placer, through the historic Gold Country Foothills, into the High Sierras of North Lake Tahoe. Placer County features easy access for visitors and residents alike to experience a year-round mix of spring, summer, fall and winter sports and activities, outdoor adventure, tantalizing food and wine grown in Placer’s Mediterranean climate, world-class shopping, dining, arts and culture and more.