Multi-Tenant Office Complex on High Traffic Corridor
Office | 6.67% CAP | 15,375 SqFt
Marketing description
Introducing El Dorado Suites located at 1029-1045 N El Dorado Street, Stockton, CA 95202. This stunning commercial property features a newly remodeled interior with modern flooring and fresh paint. The 15,375 SF building includes 21 office suites, a common breakroom, and conference room, all situated on a spacious 22,000 SF lot in a General Commercial zoning area. Currently 100% occupied, with a mix of tenants, the property presents an opportunity for upswing potential as many suites are leased below market rates. The ideal suite sizes cater to tenant needs, ensuring quick lease-up and steady income. Conveniently located in a high-traffic area with over 17,000 ADT, El Dorado Suites also offers gated parking for tenants and visitors. Don't miss out on this excellent investment opportunity with a sought-after location and income-generating potential. Contact us today to learn more about El Dorado Suites in Stockton!
Investment highlights
• Newly remodeled interior, including brand new flooring, paint, and remodeled common area restrooms
• Consists of 21 office suites, ranging in size from 100 Sf to 1870 SF
• Common breakroom and conference room
• 100% occupied
• Many suites are paying below market rents, giving this upswing potential
• The suites sizes are ideal for tenants, vacancies are leased quickly
• Located in prominent high traffic location, with over 17,000 ADT
• Includes gated parking
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