1110 W Robinhood Dr - Medical FOR SALE


Stockton, CA 95207
$1,650,000 USD
209-639-5111
1110 W Robinhood Dr, Stockton, CA for Sale
$1,650,000 USD
Medical - FOR SALE
1/20
null | 6% Cap Rate

1110 W Robinhood Dr
Stockton, CA 95207


HIGHLIGHTS

  • Corporate NNN lease with 3% annual escalations
  • Roof Sealed & Silicone Coated in 2021 (20 Year Warranty)
  • Parking Lot Paved and Striped in 2021
  • Orthodontic providers demonstrate resilience to economic downturns and e-commerce trends impacting conventional office/retail properties
  • Strategically situated in a vibrant daytime employment area that provides services to over 95,000 households within a 5 mile radius
  • Premier location in North Stockton near various restaurants, higher learning, professional offices, hotels, retail, and financial institutions

OVERVIEW

KW Commercial is pleased to offer this net leased investment opportunity in the heart of Stockton, CA. This 3,300 square foot, immaculate, orthodontic office is the home of Samra Orthodontics, an established orthodontic practice with a stellar reputation, strong operational history, and steady client base. The business was recently purchased by one of the leading dental service organizations (DSO) in the dental industry, Dentive, LLC, providing corporate strength and stability for the future. The interior was recently renovated, with a significant investment in new furniture, fixtures, and equipment, instilling confidence that the tenant will be in the property long-term. The tenant has approximately 9 1/2 years remaining on a 10 year, NNN, corporate-guaranteed lease. Features 3% annual escalations, Two 5-Year Options to Renew, and limited landlord responsibilities. *Please do not disturb the tenant*

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Office Commercial

APN/PARCEL ID

108-140-15

ASK ABOUT THIS PROPERTY

Bill JohnsonKW CommercialMore Info
209-639-5111

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Bill JohnsonKW CommercialMore Info
209-639-5111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.