5665 N Pershing Ave
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5665 N Pershing Ave
11,877 SF 100% Leased Office Building Stockton, CA 95207 $1,249,000 ($105/SF) 5.90% Cap Rate
Investment Highlights
- Heavy traffic area. Large population. Many prospective tenants.
Executive Summary
Presenting 5665 N Pershing Ave, a versatile office building perfectly positioned in Stockton, CA, offering an ideal location for all kinds of businesses.
This property can accommodate various businesses of many sizes including retail, medical, beauty, office, creative space, and more, catering to diverse business needs. With 30 parking spots available, convenience for clients and employees is assured.
Value add opportunity by increasing rents to market rate. High traffic count amplifying visibility and customer reach. Centrally located, businesses here benefit from easy accessibility and ideal location.
Take on this rare opportunity for a value-add investment in Stockton!
Full service leases with tenants paying their own communication services (internet, phone)
* Docs Avialable on LoopNet - Rent Roll, P&L, Appraisal from 2022, Phase 1 Environmental from 2022
This property can accommodate various businesses of many sizes including retail, medical, beauty, office, creative space, and more, catering to diverse business needs. With 30 parking spots available, convenience for clients and employees is assured.
Value add opportunity by increasing rents to market rate. High traffic count amplifying visibility and customer reach. Centrally located, businesses here benefit from easy accessibility and ideal location.
Take on this rare opportunity for a value-add investment in Stockton!
Full service leases with tenants paying their own communication services (internet, phone)
* Docs Avialable on LoopNet - Rent Roll, P&L, Appraisal from 2022, Phase 1 Environmental from 2022
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,877 SF
Building Class
C
Year Built
1977
Price
$1,249,000
Price Per SF
$105
Cap Rate
5.90%
NOI
$73,691
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,877 SF
Building FAR
0.35
Land Acres
0.79 AC
Zoning
OC - Office Commercial
Parking
30 Spaces (2.53 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Hardwood Floors
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 108-070-49 | Improvements Assessment | $625,000 |
| Land Assessment | $275,000 | Total Assessment | $900,000 |
PROPERTY TAXES
Parcel Number
108-070-49
Land Assessment
$275,000
Improvements Assessment
$625,000
Total Assessment
$900,000
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Gary Aulakh - Gary Aulakh
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Gary Aulakh
5665 N Pershing Ave
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