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Heritage Professional Center 912-918 N Lincoln St 8,494 SF Office Building Stockton, CA 95203 $1,445,000 ($170.12/SF)



Investment Highlights
- Large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices and procedure room
- Separate unit with autonomous access could be either expanded into, leased or sold independently
Executive Summary
CBRE is pleased to offer the unique opportunity to purchase the Heritage Professional Center, a freestanding medical building within close proximity to Dameron Hospital.
The project was originally developed as four separate office condominiums, three of which have since been physically combined and built-out for an optometry and ophthalmology practice. They feature a functional existing medical layout with a large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices and even a procedure room. The existing improvements are relatively modern and could function for a wide variety of medical uses. The fourth unit has remained physically separated from the other condominiums with autonomous access and could be either expanded into, leased or sold independently. This unit was originally built-out for medical and the current ownership had a full set of plans drawn previously to convert it into a surgery center but it has most recently
been used as storage. There are still existing walls, multiple points of plumbing, HVAC/ electrical infrastructure, etc. that could be upgraded to accommodate either medical or professional office uses in the future.
The project was originally developed as four separate office condominiums, three of which have since been physically combined and built-out for an optometry and ophthalmology practice. They feature a functional existing medical layout with a large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices and even a procedure room. The existing improvements are relatively modern and could function for a wide variety of medical uses. The fourth unit has remained physically separated from the other condominiums with autonomous access and could be either expanded into, leased or sold independently. This unit was originally built-out for medical and the current ownership had a full set of plans drawn previously to convert it into a surgery center but it has most recently
been used as storage. There are still existing walls, multiple points of plumbing, HVAC/ electrical infrastructure, etc. that could be upgraded to accommodate either medical or professional office uses in the future.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,494 SF
Building Class
C
Year Built
1984
Price
$1,445,000
Price Per SF
$170.12
Building Height
1 Story
Typical Floor Size
8,494 SF
Building FAR
0.31
Lot Size
0.62 AC
Parking
36 Spaces (4.24 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,383,806 | |
| Land Assessment | $475,139 | Total Assessment | $1,858,945 |
Property Taxes
Parcel Numbers
Land Assessment
$475,139
Improvements Assessment
$1,383,806
Total Assessment
$1,858,945
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Heritage Professional Center | 912-918 N Lincoln St
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