For Sale
Call for price

800 Main StStockton, CA 95202

Cash-flowing, multi-tenant office complex.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a multi-tenant commercial property located at 800 E Main Street, Stockton, CA 95202. The property comprises two buildings totaling 10,838 square feet situated on a sizable 18,875 square foot lot. One building, approximately 8,136 square feet, is fully leased to a county entity, providing immediate and stable cash flow. The second building, approximately 2,700 square feet, offers value-add potential with the opportunity to lease to one or two additional tenants. Currently operating at a 5.6-5.7% capitalization rate, this property demonstrates significant upside potential, projected to reach 8.4-8.5% with full occupancy. The property benefits from a convenient location with easy access to Highway 4 and Interstate 5, as well as proximity to downtown Stockton amenities. The property is zoned Flexible CD (Commercial Downtown), offering flexibility for future uses. The current occupancy rate is 90%. This is a Class C property with a modified lease type. This is a multi-tenant property offering a strong cash flow and significant potential for increased returns. The property's strategic location and existing tenant base make it an attractive investment for discerning buyers seeking a value-add opportunity in a growing market.

Highlights

  • Significant Value-Add Income Potential
  • Cash-Flowing Property with Strong Tenant Occupancy
  • Excellent Freeway Access in Prime Location
  • Flexible CD Zoning Allows for Diverse Uses
  • 18,875 SF Land Parcel
  • 10,838 SF Building

Property Details for 800 Main St

Property type
Office properties, Flex space
Square Feet
10,838 SF
Class
C

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
37.9539546
Longitude
-121.2801758
800 Main St, Stockton, California

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800 Main St
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