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985 Sun City Ln

24,246 SF Vacant Office Building Lincoln, CA 95648 $3,370,000 ($139/SF)

Investment Highlights

  • Abundant onsite parking
  • Very good demographics
  • Zoned for retail and office uses

Executive Summary

Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and a CPA. 18,238 SF can be assembled contiguously.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $29,028 $1.20
Operating Expenses $29,208 $1.20

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $29,028
Annual Per SF $1.20
Operating Expenses
Annual $29,208
Annual Per SF $1.20
Total Expenses
Annual $58,236
Annual Per SF $2.40

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,246 SF
Building Class
B
Year Built/Renovated
1999/2007
Price
$3,370,000
Price Per SF
$139
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,246 SF
Building FAR
0.21
Lot Size
2.70 AC
Zoning
C - Commercial
Parking
158 Spaces (6.52 Spaces per 1,000 SF Leased)

Amenities

  • Car Charging Station

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 105
  • 3,429 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 109
  • 1,869 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 111
  • 5,000-11,656 SF
  • Office/Medical
  • Spec Suite
  • Now

FULL LEASE COMMISSION (5%) Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and AmeriGas.

Space Size Space Use Condition Available
1st Fl-Ste 105 3,429 SF Office - Now
1st Fl-Ste 109 1,869 SF Office - Now
1st Fl-Ste 111 5,000-11,656 SF Office/Medical Spec Suite Now

1st Fl-Ste 105

Size
3,429 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 109

Size
1,869 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 111

Size
5,000-11,656 SF
Space Use
Office/Medical
Condition
Spec Suite
Available
Now

1st Fl-Ste 111

Size 5,000-11,656 SF
Space Use Office/Medical
Condition Spec Suite
Available Now

FULL LEASE COMMISSION (5%) Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and AmeriGas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
330-015-005
Land Assessment
$589,128
Improvements Assessment
$1,762,773
Total Assessment
$2,351,901
Annual Taxes
$29,028 ($1.20/SF)
Tax Year
2023
  • Listing ID: 3781731

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: 985 Sun City Ln, Lincoln, CA 95648

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