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Warehouse

935 E Scotts Ave

935 E Scotts Ave, Stockton, CA 95203

Listing Price: $4,350,000

Cap Rate
4.70%
Gross SF
45,724
Price/Gross SF
$95.14
Lot Size
1.72 acres
Year Built
1964
Rentable SF
45,724

Investment Overview

935 E Scotts Ave & 960 E Hazelton Ave presents a rare opportunity to acquire a 2-unit industrial warehouse located in the thriving city of Stockton, California. Situated on a parcel of land totaling 1.72 acres, the subject properties were originally constructed in 1964 with a gross rentable area of approximately 45,724 square feet, offering tenants with 1,400 amps, a clear height of 16 to 20 feet, and 4 cranes. Currently, the property has a tenant occupying 10,000 square feet on a three-year lease contract from July 1, 2021 while the remaining 35,000 square feet will become vacant in February. As the county seat of San Joaquin County in the Central Valley, the host city of The University of the Paci c, the oldest university in California, and America’s most diverse city in 2020, Stockton demonstrates a strong market for tenants and employers moving into the area. The investment appeal of this asset is driven by Stockton’s strong fundamentals and high traffic count. With a world-class location in the heart of the San Joaquin County, 935 E Scotts Ave & 960 E Hazelton Ave presents an attractive choice for investors due to its close proximity to major employers and transportation corridors. 

Investment Highlights

  • Tremendous Investment Opportunity to Acquire a Well-Situated Asset Located in the Thriving City of Stockton, CA
  • Prime Stockton Location - Right by Downtown Stockton and Minutes Away from the County Superior Courts, University of the Paci c, St. Joseph's Medial Center, the Miracle Mile, and Much More 
  • Excellent Transportation Corridors - The Subject Property offers Tenants Convenient Access to Interstate 5, California Highway 4, California Highway 99, and the San Joaquin River

Exclusively Listed By

Warehouse

935 E Scotts Ave

Listing Price: $4,350,000

Cap Rate
4.70%
Gross SF
45,724
Price/Gross SF
$95.14
Lot Size
1.72 acres
Year Built
1964
Rentable SF
45,724

Investment Highlights

  • Tremendous Investment Opportunity to Acquire a Well-Situated Asset Located in the Thriving City of Stockton, CA
  • Prime Stockton Location - Right by Downtown Stockton and Minutes Away from the County Superior Courts, University of the Paci c, St. Joseph's Medial Center, the Miracle Mile, and Much More 
  • Excellent Transportation Corridors - The Subject Property offers Tenants Convenient Access to Interstate 5, California Highway 4, California Highway 99, and the San Joaquin River

Investment Overview

935 E Scotts Ave & 960 E Hazelton Ave presents a rare opportunity to acquire a 2-unit industrial warehouse located in the thriving city of Stockton, California. Situated on a parcel of land totaling 1.72 acres, the subject properties were originally constructed in 1964 with a gross rentable area of approximately 45,724 square feet, offering tenants with 1,400 amps, a clear height of 16 to 20 feet, and 4 cranes. Currently, the property has a tenant occupying 10,000 square feet on a three-year lease contract from July 1, 2021 while the remaining 35,000 square feet will become vacant in February. As the county seat of San Joaquin County in the Central Valley, the host city of The University of the Paci c, the oldest university in California, and America’s most diverse city in 2020, Stockton demonstrates a strong market for tenants and employers moving into the area. The investment appeal of this asset is driven by Stockton’s strong fundamentals and high traffic count. With a world-class location in the heart of the San Joaquin County, 935 E Scotts Ave & 960 E Hazelton Ave presents an attractive choice for investors due to its close proximity to major employers and transportation corridors. 

Exclusively Listed By

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