31975-31985 Lodge Rd - Medical FOR SALE


Auberry, CA 93602
$1,779,000 USD
760-987-5332
31975-31985 Lodge Rd, Auberry, CA for Sale
$1,779,000 USD
Medical - FOR SALE
1/21
null | 8.89% Cap Rate

31975-31985 Lodge Rd
Auberry, CA 93602


HIGHLIGHTS

  • Property: Five (5) contiguous commercial parcels with Four (4) office buildings
  • Land Area: ±4.09 acres
  • Recent capital improvements, including a new roof and multiple new HVAC units, significantly reduce near-term capital expenditures.
  • Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill & mountain communities

OVERVIEW

Oak Knoll Professional Center is a fully occupied professional office asset located in the tranquil mountain community of Auberry, California.? Now 100% leased, the property is anchored by strong essential service tenants including PG&E and American Ambulance, alongside necessary medical providers such as a dentist office and physical therapy practice.? Together they deliver durable tenancy and consistent demand.? The rent roll is structured on modified gross leases that include base year expense recovery.? This allows ownership to recoup operating costs that rise above the year in which each lease was signed, creating an effective hedge against increasing operating expenses while helping to preserve net operating income over time.? A recently obtained insurance quote comes in line with current ownership's costs, supporting stable and predictable expenses for a new owner.? Significant capital improvements completed over the past five years, including roof replacement and new HVAC units, substantially reduce capital expenditures in the near term and position the asset for ownership with minimal upkeep.? The center further offers exceptional flexibility and lasting upside with five separate APNs, enabling potential individual sale, along with a private well that enhances operational efficiency and cost control, and a dedicated pad for future development.? Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill and mountain communities and the Shaver Lake corridor.?

FOR SALE DETAILS

PRICE

$1,779,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

8.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Knoll Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

4.57 AC

LAND SF

199,069 SF

ZONING

RCC

APN/PARCEL ID

128-820-01S,128-820-02S,128-820-03S,128-820-04S,128-820-05S

ASK ABOUT THIS PROPERTY

Jeffrey KimColliersMore Info
760-987-5332

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Jeffrey KimColliersMore Info
760-987-5332

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