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Oak Knoll Professional Center 31975-31985 Lodge Rd 12,096 SF 100% Leased Office Building Auberry, CA 93602 $2,464,289 CAD ($203.73 CAD/SF) 8.89% Cap Rate
Investment Highlights
- Property: Five (5) contiguous commercial parcels with Four (4) office buildings
- Recent capital improvements, including a new roof and multiple new HVAC units, significantly reduce near-term capital expenditures.
- Land Area: ±4.09 acres
- Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill & mountain communities
Executive Summary
The rent roll is structured on modified gross leases that include base year expense recovery.? This allows ownership to recoup operating costs that rise above the year in which each lease was signed, creating an effective hedge against increasing operating expenses while helping to preserve net operating income over time.? A recently obtained insurance quote comes in line with current ownership's costs, supporting stable and predictable expenses for a new owner.?
Significant capital improvements completed over the past five years, including roof replacement and new HVAC units, substantially reduce capital expenditures in the near term and position the asset for ownership with minimal upkeep.?
The center further offers exceptional flexibility and lasting upside with five separate APNs, enabling potential individual sale, along with a private well that enhances operational efficiency and cost control, and a dedicated pad for future development.? Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill and mountain communities and the Shaver Lake corridor.?
Property Facts
Amenities
- 24 Hour Access
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Elevate Jiujitsu
- -
- -
- $20.78 CAD
- Modified Gross
- Sep 2030
- Foothill Physical Therapy
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
- -
Exer Urgent Care est la solution de rechange aux urgences dotée de médecins des urgences pour aider les patients souffrant d'affections urgentes ou graves, mais ne mettant pas leur vie en danger. Avec des radiographies, des intraveineuses, des laboratoires, des attelles, des lacérations, des soins pédiatriques et des diagnostics sur place, Exer offre aux patients des services médicaux plus complets qu'un traitement d'urgence sans rendez-vous traditionnel. Chaque clinique Exer est dotée de médecins des urgences qui ont en moyenne plus de 15 ans d'expérience en médecine d'urgence et qui peuvent stabiliser et traiter 80 % des cas vus quotidiennement aux urgences avec peu ou pas d'attente et pour une fraction du coût. Chaque clinique est propre, moderne et idéalement située dans la communauté à proximité des quartiers locaux, des écoles et des hôpitaux du sud de la Californie. En travaillant en partenariat avec des hôpitaux et des spécialistes locaux, Exer réservera directement les patients pour qu'ils soient vus au besoin, y compris aux urgences locales.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Elevate Jiujitsu | - | - | $20.78 CAD | Modified Gross | Sep 2030 | |
| Foothill Physical Therapy | Health Care and Social Assistance | - | - | - | - | |
|
|
Health Care and Social Assistance | - | - | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $956,476 CAD | |
| Land Assessment | $441,915 CAD | Total Assessment | $1,398,392 CAD |
Property Taxes
Presented by
Oak Knoll Professional Center | 31975-31985 Lodge Rd
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