321 E Weber Ave - Stockton Collegiate International School 23,336 SF Specialty Building Offered at $4,639,147 CAD at a 9% Cap Rate in Stockton, CA 95202

INVESTMENT HIGHLIGHTS

  • Heavy downtown foot traffic.
  • Ideal for retail, medical, or office usage.
  • Centrally located directly across from San Joaquin County offices.

EXECUTIVE SUMMARY

Charter School Tenant! Tax incentives. This opportunity is a turnkey Net leased Investment Property, perfect for a 1031 Exchange. The building interior was remodeled in 2010 with updated lighting, fire sprinklers, seismic specs, elevator, and ADA classroom compliance. Financials produce positive cash flow.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

PROPERTY FACTS

Price $4,639,147 CAD
Price Per SF $198.80 CAD
Sale Type Investment or Owner User
Cap Rate 9%
Sale Conditions
1031 Exchange
  • Sale Leaseback
Property Type Specialty
Property Subtype
Schools
  • General Retail Daycare Centre
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class C
Lot Size 0.11 AC
Building Size 23,336 SF
No. Stories 4
Year Built/Renovated 1945/2010
Opportunity Zone Yes
Zoning CD, Stockton
Walk Score®
Walker's Paradise (94)

PROPERTY TAXES

  • Listing ID: 30616892

  • Date on Market: 2023-03-23

  • Last Updated:

  • Address: 321 E Weber Ave, Stockton, CA 95202