1150 Robinhood DrStockton, CA 95207

Property Details for 1150 Robinhood Dr

Lot size

0.93 AC

Property size (Sq ft)

6,649 SF

Zone code

CR

Property type

Office properties

Property subtype

Office buildings

APN

108-140-140-000

APU

108140140000

Description

This exceptional value-add investment opportunity presents a two-building office complex totaling 26,162 square feet, situated on a prominent Stockton, CA location at 1150 and 1212 W Robinhood Dr, zip code 95207. The property, known as the Art Godi Center, consists of twenty office suites across one story in each building, currently boasting 90% occupancy. Built in 1973 and 1974, the complex offers significant upside potential due to below-market rents on many of the shorter-term leases. Approximately 66% of the leases are short-term, presenting an ideal scenario for SBA financing, particularly attractive for owner-users. The smaller suite sizes ensure quick lease-ups of vacant units. The strategic location on Robinhood Drive, a well-established office corridor with an average daily traffic count (ADT) of 12,915, places the property between two major commercial thoroughfares: Pacific Avenue (ADT 32,507) and Pershing Avenue (ADT 24,758), ensuring high visibility and accessibility. Ample parking is available. The asking price is $3,000,000, translating to a price per square foot of $114.67. The property's APN numbers are 108-140-14 and 108-140-13. This presents a compelling opportunity for investors seeking strong returns and owner-users looking for a strategic acquisition.

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9992

Longitude

-121.321

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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