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11985 Heritage Oak Pl, Auburn, CA, 95603

Veteran Affairs Clinic
Closed

Key Information

Tot. SF
18,702
Term Remaining
±4 YRS
Type
Healthcare

Highlights

  • Long-Term Federal Tenancy: The U.S. Department of Veterans Affairs occupies approximately 75% of the rentable square footage under a recently executed 4-year lease, extending through 2029, providing secure and stable cash flow backed by a federal government agency.
  • Value-Add Opportunity: Approximately 3,500 square feet of currently unleased space presents a near-term upside for investors through lease-up, enhancing overall occupancy and cash flow.
  • Attractive Basis: The asset is offered at $211 per square foot—an exceptional basis for a near-stabilized medical office property in a high-demand submarket near Lake Tahoe.
  • Established Medical Office Hub: Situated within a dense healthcare corridor, the property benefits from adjacency to over a dozen medical office users, as well as strong regional retailers including Chick-fil-A, Target, and Home Depot directly across the street, supporting both tenant demand and patient traffic.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245