1110 Robinhood Dr Stockton, CA 95207-5606
- Medical offices
- 3,433 SF
- 0.46 lot acres
Current Use by Public Records
- Samra Orthodontics / Orthodontist / Dentist
- Dr. Manjeet Samra / Dentist / Practitioner Service Location
- Dr. Lyndon Low / Orthodontist
Property Details for 1110 Robinhood Dr
- Lot size
- 0.46 lot acres
- Property size
- 3,433 SF
- Zone code
- CR
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 108-140-150-000
- APU
- 108140150000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.32
- Latitude
- 37.9994
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
