- For Sale $8,900,000
- Property Type Office - General Office
- Property Size 112,382 SF
- Lot Size 3.55 Acre
- Parking Spaces Avail. 203
- Parking Ratio 1.81 / 1,000 SF
- Building Class C
- Year Built 1995
- Date Updated Dec 16, 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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
83/100
Very Walkable
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Transit Score ®
53/100
Good Transit
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Bike Score ®
71/100
Very Bikeable
- City Stockton, CA
- Neighborhood Downtown Stockton
- Zip Code 95202
- Market Central Valley
Points of Interest
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Stockton–Downtown
0.30 miles
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Chevron
0.39 miles
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Valero
0.66 miles
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Arco
0.72 miles
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Hardy's Gas & Snacks
0.88 miles
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Shell:
1.25 miles
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Beason
1.51 miles
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ChargePoint
8.03 miles
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Market Street Garage
0.67 miles
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State Lot
0.73 miles
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Hunter Street Garage
0.74 miles
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Private Parking (Customers & Employees)
0.78 miles
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Stewart Eberhardt Parking Garage
0.80 miles
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Locke 2
2.90 miles
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Locke 1
2.93 miles
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Locke 3
2.96 miles
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Holt 2
2.98 miles
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Locke 4
3.02 miles
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Crest Motel
0.37 miles
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Budget Inn
0.49 miles
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Stockton Travellers Motel
0.72 miles
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Executive Lodge Inn
0.82 miles
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Pacific Motel
0.82 miles
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University Plaza Waterfront Hotel
0.84 miles
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Howard Johnson Stockton
0.85 miles
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Knotty Pine Motel 2
1.21 miles
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Knotty Pine Motel
1.21 miles
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Knotty Pine Motel 3
1.22 miles
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Taco Bell
0.37 miles
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El Forrestero
0.41 miles
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El Polo Loco
0.41 miles
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Yum Yum Donuts
0.42 miles
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Burger King
0.42 miles
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Subway
0.45 miles
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McDonald's
0.45 miles
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Sombrero Taqueria
0.46 miles
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Five Star Burger
0.46 miles
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Domino's
0.48 miles
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Trinity Lutheran School
0.28 miles
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Saint Marys Assumption School
0.46 miles
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Stockton Unified Early College Academy
0.66 miles
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Saint Gertrudes School
0.78 miles
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John Fremont High School
0.80 miles
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Grunsky Elementary School
0.81 miles
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Evangelical Methodist Christian School
1.01 miles
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Stockton Alternative High School
1.03 miles
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Victory Elementary School
1.05 miles
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Saint Marys Annunciation School
1.06 miles
Frequently Asked Questions
The space currently listed for sale at 620 North Aurora Street asks for $8,900,000.
620 North Aurora Street totals 112,382 square feet.
620 North Aurora Street was built in 1995.
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