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3101 W March Ln 6,000 SF 50% Leased Office Building Stockton, CA 95219 $2,512,656 CAD ($418.78 CAD/SF)
INVESTMENT HIGHLIGHTS
- Well maintained freestanding building with approximately ±3,000 square feet available
- Purchase price is well below replacement cost
- Pedestrian friendly location within walking distance to many restaurants, retail and public transportation
EXECUTIVE SUMMARY
CBRE is pleased to offer the opportunity to purchase 3101 W. March Lane, a modern office property within the Brookside Business Park, San Joaquin County’s premiere business corridor.
The subject is located approximately 40 miles south of Sacramento and 50 miles east of the San Francisco Bay Area. 3101 W. March Lane totals approximately ±6,000 square feet and is currently 50% leased with the vacant space available for immediate occupancy.
3101 W. March Lane offers a rare, occupancy ready building along with in-place income from a Fortune 500 ranked financial services tenant who has occupied
the building continuously since the building was constructed in 1996. The available space is the first building vacancy in nearly 27 years.
The subject is located approximately 40 miles south of Sacramento and 50 miles east of the San Francisco Bay Area. 3101 W. March Lane totals approximately ±6,000 square feet and is currently 50% leased with the vacant space available for immediate occupancy.
3101 W. March Lane offers a rare, occupancy ready building along with in-place income from a Fortune 500 ranked financial services tenant who has occupied
the building continuously since the building was constructed in 1996. The available space is the first building vacancy in nearly 27 years.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,000 SF
Building Class
C
Year Built
1996
Price
$2,512,656 CAD
Price Per SF
$418.78 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.21
Lot Size
0.66 AC
Zoning
CO
Parking
24 Spaces (4 Spaces per 1,000 SF Leased)
1 1
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 116-270-15 | Improvements Assessment | $2,275,451 CAD |
| Land Assessment | $653,342 CAD | Total Assessment | $2,928,793 CAD |
PROPERTY TAXES
Parcel Number
116-270-15
Land Assessment
$653,342 CAD
Improvements Assessment
$2,275,451 CAD
Total Assessment
$2,928,793 CAD
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3101 W March Ln
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