1624 E Alpine Ave - Warehouse FOR SALE


Stockton, CA 95205- East Stockton
$6,590,000 USD
209-483-5969
1624 E Alpine Ave, Stockton, CA for Sale
$6,590,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

1624 E Alpine Ave
Stockton, CA 95205
East Stockton


HIGHLIGHTS

  • A ±12.63-acre Industrial Truck Repair & Parking Facility Featuring Seven (7) Buildings Totaling ±55,300 Square Feet.
  • Strategically Located Near Highway 99, Adjacent to West Lane, and Directly on an Approved Truck Route Providing Excellent Access and Visibility.
  • Immediate Cash Flow From Existing Month-to-month Tenants, Plus Strong Upside Through Leasing Vacant Space or Redevelopment.
  • Seller Financing Available to Qualified Buyers.

OVERVIEW

Marcus & Millichap has been retained to exclusively market for sale 1624 E. Alpine Avenue #A, Stockton, CA. The offering is a ±12.63-acre industrial truck repair and parking facility improved with four (4) warehouses and three (3) office buildings totaling ±55,300 square feet. The property also features substantial excess yard space capable of accommodating ±120 truck parking stalls. Strategically positioned just minutes from Highway 99, adjacent to West Lane, and directly along an approved truck route, the property provides excellent accessibility and high visibility. The property is zoned I-L (Light Industrial) by the City of Stockton, which accommodates a broad array of permitted uses including truck parking and repair, transportation and logistics, wholesaling, distribution, light manufacturing, and outdoor storage. In summary, this offering represents a rare investment opportunity to acquire a large, well-situated industrial asset in the Stockton market, complete with existing in-place income and considerable value-add potential. Both owner-users and investors stand to benefit immediately through strategies such as leasing unused truck parking stalls and available building space to generate additional revenue, redeveloping select portions of the site for higher and better uses, or renovating existing structures to generate premium market rental rates.

FOR SALE DETAILS

PRICE

$6,590,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

22

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.63

LAND SF

550,163

ZONING

I-L

APN/PARCEL ID

117-080-06

ASK ABOUT THIS PROPERTY

Abdullah SulaimanMarcus & MillichapMore Info
209-483-5969

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Abdullah SulaimanMarcus & MillichapMore Info
209-483-5969

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