1551 Stimson Street & 7851 Longe Street
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1551 Stimson Street & 7851 Longe Street
2 Industrial Properties Offered at $5,600,000 in Stockton, CA
Investment Highlights
- 100% LEASED MULTI-TENANT INDUSTRIAL INVESTMENT OPPORTUNITY
Executive Summary
Colliers International, as Exclusive Advisor to the Seller, is pleased to present the unique opportunity to acquire two multi-tenant leased buildings and an approximate 1.84 acre majority paved parking lot located in San Joaquin County’s largest submarket. The offering includes a ±24,000 Sq. Ft. concrete tilt up industrial building located a 1551 Stimson Street, a ±38,400 Sq. Ft. concrete tilt up industrial building located at 7851 Longe Street and a ±1.84 acre majority paved parking lot, all adjacent to each other.
The Property is 100% leased to a quality roster of Four (4) tenants including Sunrun, Eagle Companies Inc, Crate Masters LLC and Vestis Services LLC. The Property is situated in close proximity to the Stockton Metropolitan Airport and located approximately ½ mile from the Arch Sperry Road Connector allowing convenient access to major West Coast transportation routes I-5 and Highway 99..
The Property’s highly functional space appeals to sales/service, light distribution, light manufacturing and general construction type users who all service one of the nation’s fastest growing metropolitan economies. These attributes, as well as the strategic location in the Central Valley, strong historical occupancy and market rents profile the subject offering as very attractive income and growth asset suited to a long-term investment strategy.
The Property is 100% leased to a quality roster of Four (4) tenants including Sunrun, Eagle Companies Inc, Crate Masters LLC and Vestis Services LLC. The Property is situated in close proximity to the Stockton Metropolitan Airport and located approximately ½ mile from the Arch Sperry Road Connector allowing convenient access to major West Coast transportation routes I-5 and Highway 99..
The Property’s highly functional space appeals to sales/service, light distribution, light manufacturing and general construction type users who all service one of the nation’s fastest growing metropolitan economies. These attributes, as well as the strategic location in the Central Valley, strong historical occupancy and market rents profile the subject offering as very attractive income and growth asset suited to a long-term investment strategy.
Property Facts
Price | $5,600,000 | Number of Properties | 2 |
Price / SF | $89.74 / SF | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 62,400 SF |
Status | Active | Total Land Area | 7.95 AC |
Price | $5,600,000 |
Price / SF | $89.74 / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 62,400 SF |
Total Land Area | 7.95 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
7851 Longe St, Stockton, CA 95206 | Industrial | 38,400 SF | 2000 | - |
1551 Stimson St, Stockton, CA 95206 | Industrial | 24,000 SF | 2011 | - |
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1551 Stimson Street & 7851 Longe Street
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