For Sale $8,900,000
Property Type Office - General Office
Property Size 112,382 SF
Lot Size 3.55 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 203
Parking Ratio 1.81 / 1,000 SF
Building Class C
Year Built 1995
Date Updated Nov 7, 2024

Railroad Square, located at 620 N. Aurora Street, is situated in a Federal Opportunity Zone in Downtown Stockton. The Property is a 3-story (plus a lower level) low rise office building. The Building consists of three above-ground floors of 33,123 SF each, plus a basement. There is a large gated parking lot attached to the building. Two additional gated parking lots are included with the building for overflow parking or future development. The Property also features 88 on-site parking spaces.

The Property features a 2021 in-place cap rate of 7.47% based on net operating income of $635,689.76 inclusive of pro forma property taxes. The average in-place rent on the building is $0.67 per SF per month, modified gross, providing the next owner with tremendous rent and yield upside through lease renegotiations. Assuming a 6.00% cap rate disposition in 2031 based on a net operating income of $784,557, the pro forma value of the property could exceed $13 million providing the strategic investor with a highly reliable income while garnering an attractive 16.57% cash on cash return over the 10 year hold.

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Contacts

Scott Kingston Is this you?

Turton Commercial Real Estate

David Khedry Is this you?

Turton Commercial Real Estate

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Transit Score ®
53/100 Good Transit
Bike Score ®
71/100 Very Bikeable

City Stockton, CA
Neighborhood Downtown Stockton
Zip Code 95202
Market Central Valley

Points of Interest

Stockton–Downtown

0.30 miles

Chevron

0.39 miles
Valero

0.66 miles
Arco

0.72 miles
Hardy's Gas & Snacks

0.88 miles
Shell:

1.25 miles
Beason

1.51 miles
ChargePoint

8.03 miles

Market Street Garage

0.67 miles
State Lot

0.73 miles
Hunter Street Garage

0.74 miles
Private Parking (Customers & Employees)

0.78 miles
Stewart Eberhardt Parking Garage

0.80 miles
Locke 2

2.90 miles
Locke 1

2.93 miles
Locke 3

2.96 miles
Holt 2

2.98 miles
Locke 4

3.02 miles

Crest Motel

0.37 miles
Budget Inn

0.49 miles
Stockton Travellers Motel

0.72 miles
Executive Lodge Inn

0.82 miles
Pacific Motel

0.82 miles
University Plaza Waterfront Hotel

0.84 miles
Howard Johnson Stockton

0.85 miles
Knotty Pine Motel 2

1.21 miles
Knotty Pine Motel

1.21 miles
Knotty Pine Motel 3

1.22 miles

Taco Bell

0.37 miles
El Forrestero

0.41 miles
El Polo Loco

0.41 miles
Yum Yum Donuts

0.42 miles
Burger King

0.42 miles
Subway

0.45 miles
McDonald's

0.45 miles
Sombrero Taqueria

0.46 miles
Five Star Burger

0.46 miles
Domino's

0.48 miles

Trinity Lutheran School

0.28 miles
Saint Marys Assumption School

0.46 miles
Stockton Unified Early College Academy

0.66 miles
Saint Gertrudes School

0.78 miles
John Fremont High School

0.80 miles
Grunsky Elementary School

0.81 miles
Evangelical Methodist Christian School

1.01 miles
Stockton Alternative High School

1.03 miles
Victory Elementary School

1.05 miles
Saint Marys Annunciation School

1.06 miles

Frequently Asked Questions

How much does 620 North Aurora Street cost?

The space currently listed for sale at 620 North Aurora Street asks for $8,900,000.

What is the total square footage of 620 North Aurora Street?

620 North Aurora Street totals 112,382 square feet.

When was this property built?

620 North Aurora Street was built in 1995.

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Map of Property

620 North Aurora Street