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372 ELM AVE, Auburn, CA 95603

Flexible open-floor retail property within an established shopping center with interstate access and national co-tenancy.

Property Size40,000 SF
Lot Size4.10 Acres
Price / SF$120
Days on Market6

Property Features for 372 ELM AVE

General Information

Standard status Active
Size 40,000 SF
Lot size 4.10 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Save Mart, CVS, Wells Fargo
Highway Access Yes
Road Access Yes

Amenities

substantial shared parking
interconnected circulation
established access
prominent signage
landscaping
lighting
professionally maintained common areas

Building Details

Year Built 1980
Year Renovated 2026
Buildings 1
Units 1
Tenancy Single
Listing Agency: Northmarq Capital, LLC
Listed By: BJ Feller · License #IL 471007951
Source: Crexi
Added: Aug 7 Changed: Aug 12 Last Checked: Aug 12 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

Built in 1980, the 40,000-square-foot retail building occupies 4.10 acres and was historically arranged for department-store operations. Its layout includes a broad sales area with stock, office, fitting-room, and back-of-house components. A new roof was completed in 2026, while the existing tenant remains responsible for NNN expenses through March 2027.

The property is part of Auburn Town Center at Auburn Ravine Road and Elm Avenue, adjacent to Interstate 80. Co-tenancy includes Save Mart, CVS, and Wells Fargo, with shared parking, interconnected drive aisles, prominent signage, landscaping, lighting, and maintained common areas. The surrounding five-mile trade area contains 41,388 residents and 17,605 households, with average household income projected at $150,171 by 2031. Nearby Auburn Station is proposed to include 315 residential units.

Key Highlights

  • 40,000‑square‑foot retail building on 4.10 acres
  • New roof completed in 2026
  • Historically configured with sales floor, stock, office, fitting‑room, and back‑of‑house areas

Property Analytics

Current Use

McCaulou's Department Store Department Store

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Pharmacy Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,824
Businesses Nearby
207k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 29% Shops & Services 21% Office Supplies 8%
In-N-Out Burger Dining
65,073 visits/mo 0.3 miles
Save Mart Groceries
30,361 visits/mo 0.3 miles
Grocery Outlet Bargain Market Groceries
29,099 visits/mo 0.4 miles
Staples Office Supplies
17,007 visits/mo 0.5 miles
Shell Shops & Services
12,279 visits/mo 0.4 miles

Demographics for 95603, CA

28,021
Population
12,538
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
35.8 sq mi
ZIP Area
783
Density / Sq Mi
$80,851
Median Household Income
$44,207
Median Earnings
$1,451
Median Rent
$613,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible open-floor retail property within an established shopping center with interstate access and national co-tenancy.
Where is this retail space located?
The property is located at 372 ELM AVE Auburn, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 40,000‑square‑foot retail building on 4.10 acres; New roof completed in 2026; Historically configured with sales floor, stock, office, fitting‑room, and back‑of‑house areas
More about this property
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