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4422 N Pershing Ave 38,630 SF 85% Leased Office Building Stockton, CA 95207 $2,975,000 ($77.01/SF) 6.70% Cap Rate
INVESTMENT HIGHLIGHTS
- Positioned on the bustling N. Pershing Ave, attracting significant foot and vehicle traffic daily
- Excellent frontage and easy access from major thoroughfares, providing convenience for tenants and visitors alike
- : Just minutes from the University of the Pacific (UOP) and Stagg High School, and only a few blocks away from Stockton’s bustling March Lane
- Centrally located with proximity to key amenities and services, making it an attractive choice for tenants
- The property has been well-maintained by the seller with recent capital improvement projects, ensuring a high standard of quality
- A variety of tenants, including healthcare providers, professional services, wellness studios, and community-focused businesses, ensure stable income
EXECUTIVE SUMMARY
Discover a prime investment opportunity at 4422 N. Pershing Ave, Stockton, CA. This well-maintained office complex features a diverse group of tenants, including healthcare providers, professional services, wellness studios, and community-focused businesses. With a strong mix of long-term leases and stable occupancy, this property offers reliable cash flow and the potential for future growth. The tenant diversity ensures resilience across market conditions, making this a secure and attractive addition to any real estate portfolio.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,630 SF
Building Class
B
Year Built
1978
Price
$2,975,000
Price Per SF
$77.01
Cap Rate
6.70%
NOI
$199,386
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,315 SF
Building FAR
0.33
Lot Size
2.66 AC
Zoning
Office Commercial
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 110-220-16 | Improvements Assessment | $1,066,410 |
| Land Assessment | $1,326,510 | Total Assessment | $2,392,920 |
PROPERTY TAXES
Parcel Number
110-220-16
Land Assessment
$1,326,510
Improvements Assessment
$1,066,410
Total Assessment
$2,392,920
CONTACTS
-
Andy Le, M.B.A. | CCIM Candidate -
Ruben Sandoval -
First Commercial Real Estate
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4422 N Pershing Ave
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