912-918 N Lincoln St - Medical FOR SALE


Stockton, CA 95203- Downtown Stockton
$1,445,000 USD
209-406-3468
912-918 N Lincoln St, Stockton, CA for Sale
$1,445,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

912-918 N Lincoln St
Stockton, CA 95203
Downtown Stockton


HIGHLIGHTS

  • Freestanding medical building within close proximity to Dameron Hospital (Adventist Health)
  • Functional existing medical layout with large reception area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices
  • Separate unit could be either expanded into, leased or sold independently.

OVERVIEW

CBRE is pleased to offer the unique opportunity to purchase the Heritage Professional Center, a freestanding medical building within close proximity to Dameron Hospital. The project was originally developed as four separate office condominiums, three of which have since been physically combined and built-out for an optometry and ophthalmology practice. They feature a functional existing medical layout with a large reception/waiting area, 11 wet exam rooms, multiple restrooms, a lab, breakroom, administrative offices and even a procedure room. The existing improvements are relatively modern and could function for a wide variety of medical uses. The fourth unit has remained physically separated from the other condominiums with autonomous access and could be either expanded into, leased or sold independently. This unit was originally built-out for medical and the current ownership had a full set of plans drawn previously to convert it into a surgery center but it has most recently been used as storage. There are still existing walls, multiple points of plumbing, HVAC/ electrical infrastructure, etc. that could be upgraded to accommodate either medical or professional office uses in the future.

FOR SALE DETAILS

PRICE

$1,445,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Heritage Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

-

APN/PARCEL ID

137-400-01,137-400-02,137-400-05,137-400-06

ASK ABOUT THIS PROPERTY

Steve WhiteCBREMore Info
209-406-3468

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Steve WhiteCBREMore Info
209-406-3468

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