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AG Spanos Building 10100 Trinity Pky 142,066 SF 100% Leased Office Building Stockton, CA 95219 $28,180,000 ($198.36/SF) 8% Cap Rate
Investment Highlights
- Highest quality multi-tenant office building in the Central Valley
- 100% leased to a diverse, high-credit tenant roster representing a variety of industries
- Premium building features include helipad, gym and top drawer common area finishes
- Prominent, unobstructed Interstate 5 visibility
- Surrounded by over 1 million square feet of Class A retail developments
- Very efficient floor plates with below market load factor of only 9.4%.
Executive Summary
CBRE, as exclusive advisor, is pleased to present an outstanding opportunity to acquire the fee simple absolute interest in 10100 Trinity Parkway, Stockton, the California Central Valley’s premier Class A office complex.
This magnificent building is 100% leased with a roster of prestigious, high-credit tenants which have demonstrated long-term commitments given the Subject’s triple mint condition, suite of amenities and the convenience and benefits of being appurtenant to over one million square feet of top shelf retail developments.
This magnificent building is 100% leased with a roster of prestigious, high-credit tenants which have demonstrated long-term commitments given the Subject’s triple mint condition, suite of amenities and the convenience and benefits of being appurtenant to over one million square feet of top shelf retail developments.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
142,066 SF
Building Class
A
Year Built
2004
Price
$28,180,000
Price Per SF
$198.36
Cap Rate
8%
NOI
$2,254,392
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
28,413 SF
Slab To Slab
14’
Building FAR
0.38
Lot Size
8.54 AC
Zoning
MX - Mixed Use
Parking
577 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Fitness Center
- Security System
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Public Administration
- -
- -
-
Jan 0000
Port City Patriots, formerly Disabled American Veteran Charities of San Joaquin County, is a 501(c)3 organization founded in 1972 by a group of veterans who wanted to assist fellow veterans. Over the past 50+ years they have provided direct support to thousands of local veterans through various programs and services. They are guided by their all-volunteer Board of Directors which is comprised of both veteran and non-veteran volunteers who hold a deep respect and profound sense of responsibility to honor the sacrifices made by their veterans and their families during their time of service to their nation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Public Administration | - | - | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $24,911,000 | |
| Land Assessment | $3,350,000 | Total Assessment | $28,261,000 |
Property Taxes
Parcel Numbers
Land Assessment
$3,350,000
Improvements Assessment
$24,911,000
Total Assessment
$28,261,000
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