1110 Robinhood DrStockton, CA 95207

Exceptional investment opportunity: a single-tenant, 3,300 square foot medical office building in Stockton, CA, currently occupied by a corporate-guaranteed orthodontic practice. The property boasts a 10-year NNN lease (commencing June 14, 2024, expiring June 30, 2034), offering 9.6 years of remaining lease term with two five-year renewal options and a 3% annual rent increase. The asking price is $1,650,000, representing a $500 per square foot cost and a 6.00% cap rate, with a current NOI of $99,000. The building, constructed in 1970 and extensively renovated in 2019 and 2023, sits on a 0.46-acre lot and includes 22 parking spaces. The property features a Class C designation, is 100% occupied, and benefits from a fee simple ownership structure. Located at 1110 W Robinhood Dr, Stockton, CA 95207, this property is zoned for commercial office use and enjoys a prime location near various amenities, including restaurants, educational institutions, and other businesses. The roof was sealed and silicone coated in 2021 with a 20-year warranty, and the parking lot was paved and striped in the same year. This investment offers minimal landlord responsibilities and benefits from the inherent resilience of orthodontic practices to economic downturns.