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5665 N Pershing Ave 11,877 SF 83% Leased Office Building Stockton, CA 95207 $1,384,742 CAD ($116.59 CAD/SF) 6.08% Cap Rate
Investment Highlights
- Heavy traffic area. Situated along N Pershing Ave, with 23,633 ADT
- • 83% occupied (upswing potential)
- • Smaller office suites are always in high demand
- • Consists of 3 office buildings
- • Short term leases; opportunity to increase to market lease rates
- • Landlord does not currently receive reimbursements for utilities and CAMs/HOAs/Utilities, giving this property huge upswing potential
Executive Summary
Discover 5665 N Pershing Ave — a highly adaptable office asset strategically located in the heart of Stockton’s thriving commercial corridor.
This multi-tenant property offers exceptional flexibility, accommodating a wide range of uses including medical, retail, beauty, professional office, and creative workspaces. Its versatile layout and strong local demand make it an ideal choice for both owner-users and investors.
Investment Highlights:
• Value-Add Upside: Increase rents to market rates, recover CAMs/HOAs and utilities from Tenants and unlock significant revenue potential.
• High Visibility Location: Prime frontage along a heavily traveled roadway delivers constant exposure and strong customer reach.
• Ample Parking: 30 on-site parking spaces provide convenience for both tenants and visitors.
• Central, Easily Accessible Setting: Close to major arterials, retail amenities, and residential neighborhoods—an attractive draw for businesses of all types.
• Current Lease Structure: Full-service leases in place, with tenants responsible for their own communications (internet/phone).
A rare opportunity to acquire a well-positioned, income-producing property with immediate upside in one of Stockton’s most active commercial areas.
* Docs Available - OM w/Rent Roll, P&L AVAILABLE. Ask broker.
This multi-tenant property offers exceptional flexibility, accommodating a wide range of uses including medical, retail, beauty, professional office, and creative workspaces. Its versatile layout and strong local demand make it an ideal choice for both owner-users and investors.
Investment Highlights:
• Value-Add Upside: Increase rents to market rates, recover CAMs/HOAs and utilities from Tenants and unlock significant revenue potential.
• High Visibility Location: Prime frontage along a heavily traveled roadway delivers constant exposure and strong customer reach.
• Ample Parking: 30 on-site parking spaces provide convenience for both tenants and visitors.
• Central, Easily Accessible Setting: Close to major arterials, retail amenities, and residential neighborhoods—an attractive draw for businesses of all types.
• Current Lease Structure: Full-service leases in place, with tenants responsible for their own communications (internet/phone).
A rare opportunity to acquire a well-positioned, income-producing property with immediate upside in one of Stockton’s most active commercial areas.
* Docs Available - OM w/Rent Roll, P&L AVAILABLE. Ask broker.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$197,983
|
$16.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$197,983
|
$16.67
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$113,404
|
$9.55
|
| Net Operating Income |
$84,579
|
$7.12
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $197,983 |
| Annual Per SF | $16.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $197,983 |
| Annual Per SF | $16.67 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $113,404 |
| Annual Per SF | $9.55 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $84,579 |
| Annual Per SF | $7.12 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,877 SF
Building Class
C
Year Built
1977
Price
$1,384,742 CAD
Price Per SF
$116.59 CAD
Cap Rate
6.08%
NOI
$84,254 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,877 SF
Building FAR
0.35
Lot Size
0.79 AC
Zoning
OC - Office Commercial
Parking
30 Spaces (2.53 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Hardwood Floors
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste B-1
- 643 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste B-6
- 683 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste B-1 | 643 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste B-6 | 683 SF | Office | Full Build-Out | Now |
1st Fl-Ste B-1
| Size |
| 643 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste B-6
| Size |
| 683 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 108-070-49 | Improvements Assessment | $940,998 CAD (2025) |
| Land Assessment | $707,466 CAD (2025) | Total Assessment | $1,648,464 CAD (2025) |
Property Taxes
Parcel Number
108-070-49
Land Assessment
$707,466 CAD (2025)
Improvements Assessment
$940,998 CAD (2025)
Total Assessment
$1,648,464 CAD (2025)
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5665 N Pershing Ave
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