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34180237
34180238

4 Locations For Sale

JK
CA CA 01456017
Colliers - Fresno, California
CB
CA 02274060
Colliers - Fresno, California
Listed by Colliers - Fresno, California
$1,779,900
19 days on market
Updated 18 days ago

OAK KNOLL PROFESSIONAL CENTER

Details
APN 128-820-01S, 128-820-02S, 128-820-03S, 128-820-04S, 128-820-05S
Property Type Office
Sub Type Medical Office, Professional Office
Square Footage 12,563
Cap Rate 8.88%
NOI $158,075
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $142
Class B
Year Built 1985
Buildings 4
Acreage 4.090
Zoning RCC
Investment Type Stabilized

100% Leased Professional Office Suites presenting an 8.88% cap rate opportunity.

Marketing description

Oak Knoll Professional Center is a fully occupied professional office asset located in the tranquil mountain community of Auberry, California. Now 100% leased, the property is anchored by strong essential service tenants including PG&E and American Ambulance, alongside necessary medical providers such as a dentist office and physical therapy practice. Together they deliver durable tenancy and consistent demand.

The rent roll is structured on modified gross leases that include base year expense recovery. This allows ownership to recoup operating costs that rise above the year in which each lease was signed, creating an effective hedge against increasing operating expenses while helping to preserve net operating income over time. A recently obtained insurance quote comes in line with current ownership's costs, supporting stable and predictable expenses for a new owner.

Significant capital improvements completed over the past five years, including roof replacement and new HVAC units, substantially reduce capital expenditures in the near term and position the asset for ownership with minimal upkeep.

The center further offers exceptional flexibility and lasting upside with five separate APNs, enabling potential individual sale, along with a private well that enhances operational efficiency and cost control, and a dedicated pad for future development. Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill and mountain communities and the Shaver Lake corridor.

Investment highlights

  • Five (5) contiguous commercial parcels with Four (4) office buildings
  • ±4.09 acres
  • 128-820-01S, 02S, 03S, 04S & 05S
  • RCC
  • 100% Occupied
  • ~8.8% Cap Rate

Listing Contacts

JK
CA CA 01456017
Colliers - Fresno, California
CB
CA 02274060
Colliers - Fresno, California
Listed by Colliers - Fresno, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,075.18
$13,172.93/mo

Valuation Metrics

0
DSCR
8.88%
Cap Rate
8.88%
ROI

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Additional Information

Name
Jeff Kim
License
CA 01456017
Name
Chris Byrd
License
02274060
Brokerage
Colliers International
Brokerage Phone
5592211271
Brokerage Address
7485 North Palm Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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