Search
Lathrop Office Building Investment Opportunity

17395 Manthey Rd, Lathrop, CA 95330

For Sale
Contact for pricing

Stabilized net leased office building with high visibility and frontage.

Property Size24,104 SF
Lot Size2.11 Acres
Price / SF$352.64
Days on Market266

Property Features for 17395 Manthey Rd

General Information

Standard status Active
Size 24,104 SF
Lot size 2.11 Acres
Property subtype Office
Occupancy 100%
Lease Type Net
Investment Type Stabilized
Net Operating Income $552,737

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: PDF Commercial
Listed By: Jon Bias · License #01998325
Source: Crexi
Added: Feb 17 Changed: Oct 25 Last Checked: Nov 8 at 7:28AM

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 PDF Commercial

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This stabilized net leased office investment opportunity is located on Manthey Road in Lathrop, California, offering exceptional visibility and frontage directly off Interstate 5. Constructed in 2009, the property totals 24,104 square feet and is situated on a 2.11 acre parcel. The building is comprised of six suites and is currently operating at near 100% occupancy, delivering immediate and predictable cash flow. The tenant roster is diversified and primarily structured under net lease arrangements, resulting in limited landlord responsibilities and reduced management intensity. The property benefits from strong freeway exposure, providing tenants with prominent branding and efficient regional accessibility within one of Northern California’s most supply constrained and consistently performing office markets. The property is primarily leased under net lease arrangements, with tenants reimbursing their proportionate share of operating expenses, providing predictable income and minimizing landlord obligations. The executive office suites are operated on a full service basis and remain well leased, contributing to income diversification and overall stability. The tenant mix consists of professional and service oriented office users with contractual rent increases and defined renewal options. The executive office component is currently 20 of 23 suites occupied, supporting near full building occupancy and consistent cash flow. Ownership has completed meaningful capital improvements in recent years, enhancing the overall condition of the asset and supporting long term tenancy. Lathrop continues to benefit from sustained employment growth, industrial expansion, and population inflows tied to its strategic position along the Interstate 5 corridor. As demand for professional and service oriented office space continues to strengthen, well located assets with freeway exposure remain highly sought after.

Key Highlights

  • Stabilized net leased office investment opportunity with near 100% occupancy.
  • Exceptional visibility and frontage directly off Interstate 5.
  • Located in a consistently performing office market.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$273,339
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,466,780 $5.5M
Cap Rate 7%
$3,904,843 $3.9M
Cap Rate 9%
$3,037,100 $3.0M
Market Conditions
NOI Build-Up for 24,104 SF
Gross rent
$433.9K $18.00/SF
− Vacancy
−$69.4K −$2.88/SF
EGI
$364.5K $15.12/SF
− OpEx
−$91.1K −$3.78/SF
NOI
$273.3K $11.34/SF
Area
San Joaquin County, CA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,466,780
Cap Rate 7%
$3,904,843
Cap Rate 9%
$3,037,100

Alternative Uses

Best Use
Office B
$3.90M
$3.42M – $4.56M (±1% cap)
NOI $273,339 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.29M
$4.63M – $6.18M (±1% cap)
NOI $370,527 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rosa Urrutia Photography Photography Service Central Valley Uniforms (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Parts Store Law Firm Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 95330, CA

29,065
Population
8,883
Households
3.3
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
21.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$118,461
Median Household Income
$51,656
Median Earnings
$2,341
Median Rent
$605,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in San Joaquin County, CA

$158 Jul
$156 Aug
$184 Sep
$193 Oct

Properties on Market for Office buildings in San Joaquin County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Stabilized net leased office building with high visibility and frontage.
Where is this office building located?
The property is located at 17395 Manthey Rd Lathrop, CA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Stabilized net leased office investment opportunity with near 100% occupancy.; Exceptional visibility and frontage directly off Interstate 5.; Located in a consistently performing office market.
(916) 508-9556 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved