4568 Feather River Dr - Medical CONDO FOR SALE


Stockton, CA 95219
$850,000 USD
209-639-5111
4568 Feather River Dr, Stockton, CA for Sale
$850,000 USD
Medical CONDO - FOR SALE
1/70
null | 6% Cap Rate

4568 Feather River Dr
Stockton, CA 95219


HIGHLIGHTS

  • NNN lease with minimal landlord obligations executed at COE
  • Professionally maintained medical/office condominium
  • Fully Renovated in 2023
  • Elevator
  • COA maintains the common area, parking lot, insurance, roof, exterior walls, paint, landscaping, trash, etc.
  • Premier location in Brookside near various restaurants, professional businesses, hotels, retail, and financial institutions

OVERVIEW

KW Commercial is pleased to offer this investment opportunity in the Feather-March Office Park in Brookside. This 1,250 square foot, immaculate, medical office condominium was recently renovated, upgrading everything to be compliant with current code. Tenant will be leasing back the property for 5 years from the close of escrow at the specified initial base rent + NNNs, with three (3) one-year options and 3% annual escalations. Minimal landlord obligations. The condominium features a highly functional floor plan that includes: Five (5) medical treatment rooms, surgery room, doctors office, reception with waiting room, breakroom/wash room, storage, and two ADA compliant restrooms. *Please do not disturb the tenant*

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

5,667 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CO

APN/PARCEL ID

118-030-10

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.