Dental Medical Office
For Sale
Contact for pricing
1616 N Harrison St, Stockton, CA 95204
Configured healthcare space includes plumbed treatment rooms, laboratory facilities, restrooms, and a staff breakroom.
Property Size3,995 SF
Price / SF$206.51
Days on Market22
Property Features for 1616 N Harrison St
General Information
Standard status
Active
Size
3,995 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Central Valley
(209) 476-2907
Listed By:
Brian Peterson · License #01781200
Source:
Moodyscre
Added: Jul 31
Changed: Aug 13
Last Checked: Aug 13 at 11:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Central Valley
Investment Insights
Based on property information with market context.
This 3,995-square-foot medical office space is configured for dental operations, with a reception and waiting area, five operatories with plumbing, a dedicated dental laboratory, two interior restrooms, and a breakroom. The layout provides an established clinical setup within a professional office environment.
Located at 1616 N Harrison St in Stockton, the property serves a residential population of 23,353 people within a 1-mile radius, based on the 2020 census. Adjacent suites may offer room for expansion, while the existing configuration also supports potential third-party leasing.
Located at 1616 N Harrison St in Stockton, the property serves a residential population of 23,353 people within a 1-mile radius, based on the 2020 census. Adjacent suites may offer room for expansion, while the existing configuration also supports potential third-party leasing.
Key Highlights
- 3,995‑square‑foot medical office space at 1616 N Harrison St, Stockton, CA 95204
- Five dental operatories with plumbing
- Full dental laboratory included in the existing layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,060
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,221,200
$1.2M
Cap Rate 7%
$872,286
$872.3K
Cap Rate 9%
$678,444
$678.4K
Market Conditions
NOI Build-Up for 3,995 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$87.7K $21.96/SF
− Vacancy
−$6.3K −$1.58/SF
EGI
$81.4K $20.38/SF
− OpEx
−$20.4K −$5.09/SF
NOI
$61.1K $15.28/SF
Area
Stockton, CA
Vacancy
7.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,221,200
Cap Rate 7%
$872,286
Cap Rate 9%
$678,444
Alternative Uses
Best Use
Office B
$872.3K
$763.3K – $1.02M
NOI $61,060 @ 7.0% cap · market cap 7.40%
Second Best
Healthcare Medical
$849.8K
$743.6K – $991.4K
NOI $59,484 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$1.08M
$945.3K – $1.26M
NOI $75,624 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95204, CA
30,719
Population
12,354
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
5,796
Density / Sq Mi
$71,792
Median Household Income
$42,361
Median Earnings
$1,381
Median Rent
$358,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured healthcare space includes plumbed treatment rooms, laboratory facilities, restrooms, and a staff breakroom.
Where is this medical office space located?
The property is located at 1616 N Harrison St Stockton, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 3,995‑square‑foot medical office space at 1616 N Harrison St, Stockton, CA 95204; Five dental operatories with plumbing; Full dental laboratory included in the existing layout
