955 W Center St
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955 W Center St
10,244 SF 100% Leased Office Building Manteca, CA 95337 $3,032,253 CAD ($296 CAD/SF) 7.34% Cap Rate
Investment Highlights
- 100% Leased Office Property
- Fully Remodeled
- High Cap Rate at 7.34% with Upside
Executive Summary
The subject property is a centrally located commercial office building
located in the heart of Manteca, CA, one of the fastest growing communities
in Northern California.
The property has substantiated strong historical occupancy due to its
location and recent improvements.
located in the heart of Manteca, CA, one of the fastest growing communities
in Northern California.
The property has substantiated strong historical occupancy due to its
location and recent improvements.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,244 SF
Building Class
C
Year Built
1974
Price
$3,032,253 CAD
Price Per SF
$296 CAD
Cap Rate
7.34%
NOI
$222,707 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,244 SF
Building FAR
0.29
Lot Size
0.81 AC
Zoning
CO - Commercial Office
Parking
15 Spaces (1.46 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Partitioned Offices
- Drop Ceiling
- Air Conditioning
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
Parcel Number | 217-600-17 | Improvements Assessment | $464,455 CAD |
Land Assessment | $774,089 CAD | Total Assessment | $1,238,544 CAD |
PROPERTY TAXES
Parcel Number
217-600-17
Land Assessment
$774,089 CAD
Improvements Assessment
$464,455 CAD
Total Assessment
$1,238,544 CAD
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955 W Center St
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