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30069781
30069779

7514 Murray Drive, Stockton, CA 95210

JA
CA 01512220, 01512220
JPA Commercial Inc
Listed by JPA Commercial Inc
$1,995,000
92 days on market
Updated 29 days ago

7514 Murray Drive

Details
APN 094-020-30
Property Type Industrial
Sub Type Warehouse
Square Footage 12,000
Cap Rate 6.28%
NOI $125,268
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 02/28/2029
Remaining Term 2.7
Rent Bumps Yes
Lease Options 1 - 5 Year
Price per SqFt $166
Broker Co-Op Yes
Buildings 1
Stories 1
Zoning CG
Ceiling Height 18'
Dock High Doors 6

PRICE ADJUSTMENT: Single Tenant NNN

Marketing description

Located in the heart of Stockton, CA, 7514 MURRAY DRIVE offers a rare investment opportunity with its ±12,000 SF single-tenant industrial property sitting on a spacious ±0.92-acre lot. Boasting sturdy masonry construction, an 18' clear height, and six bay doors, this property is perfectly suited for a wide range of industrial uses. Its prime location near major highways I-5 and I-99 provides excellent connectivity and accessibility. Currently leased to Apria Healthcare, a leading provider of home healthcare equipment and services, this property ensures a stable income stream with a triple-net lease in place until February 2029, featuring annual rent escalations. With a committed tenant since 2003, the longevity and quality of this investment are unquestionable.

Investment highlights

  • Single tenant 12,000 square-foot industrial asset situated on ±0.92 acres
  • Featuring masonry construction, 18' clear height, six (6) bay doors, & close proximity to I-5 and I-99
  • Occupied by Apria Healthcare, leading provider of home healthcare equipment and related services
  • Triple-net lease running through February 2029 with 3.0% annual base rent escalations

Listing Contacts

JA
CA 01512220, 01512220
JPA Commercial Inc
Listed by JPA Commercial Inc

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$125,268.00
$10,439.00/mo

Valuation Metrics

0
DSCR
6.28%
Cap Rate
6.28%
ROI

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