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4568 Feather River Dr
1,250 SF Office Condo Unit Offered at $850,000 in Stockton, CA 95219
Investment Highlights
- NNN lease with minimal landlord obligations executed at COE
- Fully Renovated in 2023
- COA maintains the common area, parking lot, insurance, roof, exterior walls, paint, landscaping, trash, etc.
- Professionally maintained medical/office condominium
- Elevator
- Premier location in Brookside near various restaurants, professional businesses, hotels, retail, and financial institutions
Executive Summary
KW Commercial is pleased to offer this investment opportunity in the Feather-March Office Park in Brookside. This 1,250 square foot, immaculate, medical office condominium was recently renovated, upgrading everything to be compliant with current code. Tenant will be leasing back the property for 5 years from the close of escrow at the specified initial base rent + NNNs, with three (3) one-year options and 3% annual escalations. Minimal landlord obligations. The condominium features a highly functional floor plan that includes: Five (5) medical treatment rooms, surgery room, doctors office, reception with waiting room, breakroom/wash room, storage, and two ADA compliant restrooms. *Please do not disturb the tenant*
Data Room Click Here to Access
Property Facts
| Price | $850,000 | Building Class | C |
| Unit Size | 1,250 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 2,834 SF |
| Total Building Size | 5,667 SF | Year Built | 1988 |
| Property Type | Office (Condo) | Lot Size | 0.07 AC |
| Property Subtype | Medical | Parking Ratio | 1/1,000 SF |
| Sale Type | Investment | Sale Conditions | Sale Leaseback |
| Price | $850,000 |
| Unit Size | 1,250 SF |
| No. Units | 1 |
| Total Building Size | 5,667 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 2,834 SF |
| Year Built | 1988 |
| Lot Size | 0.07 AC |
| Parking Ratio | 1/1,000 SF |
| Sale Conditions | Sale Leaseback |
1 Unit Available
Unit D
| Unit Size | 1,250 SF | Cap Rate | 6.00% |
| Price | $850,000 | NOI | $51,000 |
| Price Per SF | $680.00 | Sale Conditions | Sale Leaseback |
| Condo Use | Office | APN/Parcel ID | 118-030-10 |
| Sale Type | Investment |
| Unit Size | 1,250 SF |
| Price | $850,000 |
| Price Per SF | $680.00 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $51,000 |
| Sale Conditions | Sale Leaseback |
| APN/Parcel ID | 118-030-10 |
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Central Heating
- Natural Light
- Partitioned Offices
- Air Conditioning
- Balcony
zoning
| Zoning Code | CO (Commercial Office) |
| CO (Commercial Office) |
-
Bill Johnson -
KW Commercial
Presented by
4568 Feather River Dr
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