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State-Leased Office Building
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18437 5th Ave, Jamestown, CA 95327

1974-built office facility with a new eight-year California guaranteed lease beginning Jan. 1, 2025.

Property Size4,137 SF
Price / SF$245.64
Days on Market58

Property Features for 18437 5th Ave

General Information

Standard status Active
Size 4,137 SF
Class C
Property subtype Office
Zoning C-1
Lease Type Modified Gross
Investment Type Stabilized
Net Operating Income $60,972

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1974
Buildings 1
Tenancy Single
Listing Agency: Kidder Mathews Sacramento
Listed By: Bob Pechal · License #CA 00396723
Source: Crexi
Added: Jul 17 Changed: Sep 9 Last Checked: Sep 12 at 4:37AM

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 Kidder Mathews Sacramento

Investment Insights

Based on property information with market context.

This office building was constructed in 1974 for the California Highway Patrol and has been occupied by the agency since. The property is reported to be in good condition, and the owner completed repairs and updates as part of the lease renewal, including new paint, new window coverings, and resealing/restriping of the parking lot.

The facility is located directly adjacent to Highway 108 in Jamestown, which runs through the Northern California Foothills.

The State executed a new eight-year lease commencing January 1, 2025, with rental increases each year, and the firm term runs through December 31, 2028.

Key Highlights

  • Office building built in 1974, originally constructed for the California Highway Patrol and occupied by the agency since completion
  • California guaranteed lease renewed for a new 8‑year term starting Jan. 1, 2025 through Dec. 31, 2028
  • Lease includes rental increases each year during the term

Property Analytics

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Current Use

California Highway Patrol State Government Office

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Big Box & Wholesale Store Hair Salon Law Firm

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 95327, CA

8,837
Population
3,283
Households
2.7
Avg Household Size
42
Median Age
12%
College-Educated
87%
High-School Grad
158.8 sq mi
ZIP Area
56
Density / Sq Mi
$60,506
Median Household Income
$34,858
Median Earnings
$1,136
Median Rent
$366,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Office building - 1974-built office facility with a new eight-year California guaranteed lease beginning Jan. 1, 2025.
Where is this office building located?
The property is located at 18437 5th Ave Jamestown, CA.
What is the asking price?
The asking price for this property is $1,016,200.
What are key features of this property?
This property features: Office building built in 1974, originally constructed for the California Highway Patrol and occupied by the agency since completion; California guaranteed lease renewed for a new 8‑year term starting Jan. 1, 2025 through Dec. 31, 2028; Lease includes rental increases each year during the term
More about this property
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