5665 N Pershing Ave, Stockton, CA 95207 For Sale

UPSWING POTENTIAL!!! Price: $1,025,000 ($89.43/SF) 5.93% CAP on Actual Income. PRO FORMA CAP RATE: 18.27%

Discover 5665 N Pershing Ave a highly adaptable office asset strategically located in the heart of Stockton's thriving commercial corridor. This multi-tenant property offers exceptional flexibility, accommodating a wide range of uses including medical, retail, beauty, professional office, and creative workspaces. Its versatile layout and strong local demand make it an ideal choice for both owner-users and investors.

Investment Highlights:

Value-Add Upside: Increase rents to market rates, recover CAMs/HOAs and utilities from Tenants and unlock significant revenue potential.

High Visibility Location: Prime frontage along a heavily traveled roadway delivers constant exposure and strong customer reach.

Ample Parking: 30 on-site parking spaces provide convenience for both tenants and visitors.

Central, Easily Accessible Setting: Close to major arterials, retail amenities, and residential neighborhoodsan attractive draw for businesses of all types.

Current Lease Structure: Full-service leases in place, with tenants responsible for their own communications (internet/phone). A rare opportunity to acquire a well-positioned, income-producing property with immediate upside in one of Stockton's most active commercial areas.

Available upon request: Rent Roll, P&L, 2022 Phase I Environmental.

SUMMARY:

Consists of 3 office buildings

83% occupied

Short term leases

Smaller office suites are always in high demand

Landlord does not currently receive reimbursements for utilities and CAMs, giving this property huge upswing potential

Situated along N Pershing Ave, with 23,633 ADT