12335-12347 Locksley Lane Industrial
  • Asking Price
    $8.5MAsking Price
  • Cap Rate
    6.30%Cap Rate
  • Price/SF
    $200Price/SF
  • NOI
    $538KNOI
  • Size
    42,440 SFSize
  • Built
    2024Built

Description

FOUR BUILDING INDUSTRIAL PARK ON 2.5 ACRES is a fully leased industrial investment at 12335-12347 Locksley Lane in Auburn, CA. The 42,440 SF property gives an investor a four-building holding completed in 2024.

The concrete tilt-up warehouses sit on 2.5 acres, with individual building sizes including 5,000 SF at 12335 Locksley Lane, 12,000 SF at 12339 and 12,720 SF at 12347. That mix spreads the property across separate buildings rather than a single warehouse. The site includes 46 parking stalls and ±8,000 SF of yard space, features that give the park more ways to serve its industrial occupants. Its INP-DC zoning and APN 052-020-042-000 identify the parcel behind the offering.

The Property is in the Auburn Municipal Airport and business park, near Highway 49 on Locksley Lane. That setting places the warehouses among other industrial users and connects the investment to an established business park. Auburn sits at the crossroads of Interstate 80 and Highway 49, giving tenants routes beyond the immediate airport area. For an investor, the location ties a fully leased property to both its business-park setting and the highway network serving Auburn.

The asking price is $8,500,000, or $200 PSF, with $537,550 in NOI and a 6.30% cap rate. The fully leased position makes this an income-focused acquisition, while the separate warehouses and yard space give the buyer identifiable components within the holding. Completed in 2024, the buildings also provide a clear construction date for underwriting. Review the Offering Memorandum and Marketing Brochure for the next step in the acquisition.

Offering Summary

  • Asking Price
    $8,500,000
  • Price PSF
    $200
  • Property Type
    Industrial
  • Size
    42,440 SF
  • Built
    2024
  • Total Acres
    ~2.50 ac

Sale Details

  • Cap Rate
    6.30%
  • NOI
    $537,550

Documents

Property Address

12335-12347 Locksley Lane
Auburn, CA 95602
12335 Locksley Lane
Auburn, CA 95602
12339 Locksley Lane
Auburn, CA 95602-2063
12347 Locksley Lane
Auburn, CA 95602

Property Details

  • Property Type
    Industrial
  • Year Built
    2024
  • Zoning
    INP-DC
  • APN
    052-020-042-000

Deal Team

Steve Park profile image

Steve Park

Senior Vice President
TRI Commercial
CA RE Lic. #CalDRE 01472232