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503 W Benjamin Holt Dr
Stockton, CA 95207
Bank of America · Retail Property For Sale
Investment Highlights
- Existing Income with Upside and/or Owner-User Potential | NNN Lease to Bank of America (69% of GLA)
- Property Sits on a Large 1.89 Acre, Rectangular Shaped Lot | Priced Below Replacement Cost at $129 per Square Foot
- Low Rent and Early Lease Extension | Bank of America Exercised 5-year Option Commencing on 10/1/24
- Lease up of 5,303 Vacant Space at $0.95 NNN / Month Equates to 8.19% Proforma Cap Rate
- High Deposits | This Bank of America location has reported over $589 Million in Deposits as of June 30, 2022(per FDIC)
- Located at Signalized, Hard Corner Intersection with Combined Traffic Counts of 14,896 Vehicles
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
17,372 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.89 AC
Zoning
GC
Parking
169 Spaces (1 Spaces per 1,000 SF Leased)
Amenities
- Banking
Property Taxes
| Parcel Number | 081-260-52 | Improvements Assessment | $1,254,821 |
| Land Assessment | $876,005 | Total Assessment | $2,130,826 |
Property Taxes
Parcel Number
081-260-52
Land Assessment
$876,005
Improvements Assessment
$1,254,821
Total Assessment
$2,130,826
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