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1029-1045 N El Dorado St 15,375 SF 100% Leased Office Building Stockton, CA 95202 $1,400,000 ($91.06/SF) 7.77% Cap Rate
Executive Summary
• Newly remodeled interior, including brand new flooring, paint, and remodeled common area restrooms
• Consists of 21 office suites, ranging in size from 100 Sf to 1870 SF
• Common breakroom and conference room
• 100% occupied
• Many suites are paying below market rents, giving this upswing potential
• The suites sizes are ideal for tenants, vacancies are leased quickly
• Located in prominent high traffic location, with over 17,000 ADT
• Includes gated parking
• Consists of 21 office suites, ranging in size from 100 Sf to 1870 SF
• Common breakroom and conference room
• 100% occupied
• Many suites are paying below market rents, giving this upswing potential
• The suites sizes are ideal for tenants, vacancies are leased quickly
• Located in prominent high traffic location, with over 17,000 ADT
• Includes gated parking
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Property Facts
Sale Type
Investment
Property Type
Office
Building Size
15,375 SF
Building Class
C
Year Built/Renovated
1972/2002
Price
$1,400,000
Price Per SF
$91.06
Cap Rate
7.77%
NOI
$108,803
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,375 SF
Building FAR
0.69
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
CR, Stockton
Parking
20 Spaces (1.3 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Property Manager on Site
- Security System
- Air Conditioning
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Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 139-040-02 | Improvements Assessment | $716,315 |
| Land Assessment | $185,711 | Total Assessment | $902,026 |
Property Taxes
Parcel Number
139-040-02
Land Assessment
$185,711
Improvements Assessment
$716,315
Total Assessment
$902,026
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1029-1045 N El Dorado St
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