This Industrial Property is no longer advertised on LoopNet.com.

4590 Qantas Ln
Stockton, CA 95206
Northwood Commerce Centre · Industrial Property For Sale

Investment Highlights

  • Heavy foot traffic in day time

Executive Summary

This is a 26,680 sqft. Warehouse located in Industrial District of well populated area. There are 4 x docks for loading. Current tenant has lease till 2030 with monthly rent of $13,000 ,4% Cap. the place shows 4% Cap Rate now, but has potential of 9.7% Cap if it is rented @ market value. The Rent for this area is about $0.90/ft. Thus the market value of the Rent should be about $24,000 a month. @ $24,000 a month rent , the buyer will have 9.7% Cap. New owner may want to buy back the lease for more immediate higher return. The area is low in Crime and well kept. Business is not included in the Sale.

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.51 AC
Rentable Building Area 47,040 SF
No. Stories 1
Year Built 1990
Parking Ratio 1.28/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 12
APN / Parcel ID
179-520-01
  • 179-520-02
Zoning I-G - City of Stockton

Amenities

  • Skylights

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating
  • Listing ID: 22135605

  • Date on Market: 2/1/2021

  • Last Updated:

  • Address: 4590 Qantas Ln, Stockton, CA 95206

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