5330 Pirrone Rd, Salida, CA 95368
Two-building office campus constructed in 2008 and fully leased to nine tenants, totaling 79,913 rentable square feet.
Property Features for 5330 Pirrone Rd
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Investment Insights
Based on property information with market context.
CBRE, Inc. is offering the asset for sale at $19,267,000, equating to $241 per rentable square foot. The offering reflects a 4.01-year WALT, with an 8.0% Year 1 capitalization rate on projected NOI as of September 1, 2025, including scheduled rent increases. A parcel split is being processed by Stanislaus County; once recorded, the buildings will be on separate parcels while remaining part of the Northpoint Office Towers campus and sharing common area expenses.
Key Highlights
- Two‑building office campus totaling 79,913 rentable SF, built in 2008, and fully leased to nine tenants
- Class A property with 100% occupancy; largest tenant is San Joaquin Valley College (SJVC), occupying two floors since 2008
- Freeway‑facing Northpoint Office Towers asset priced at $19,267,000 ($241/SF)
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