640 N El Dorado Street

Description

640 N El Dorado St is a stunning single tenant industrial investment opportunity located in the thriving city of Stockton, California. Situated on a parcel of land totaling 30,000 square feet, the subject property was originally constructed in 1945 and is a single tenant modified gross industrial building. The subject property has a gross rentable area of approximately 23,000 square feet split across 3 separate building with 600 amps and is not sprinklered. Currently, the property has a tenant on a month-to-month contract with the current landlord occupying 8,000 square feet in the south building. As the county seat of San Joaquin County in the Central Valley, the host city of The University of the Pacific, the oldest university in California, and Americas most diverse city in 2020, Stockton demonstrates a strong market for tenants and employers moving into the area. The investment appeal of this asset is driven by Stockton's strong fundamentals and high traffic count. With a world-class location in the heart of the San Joaquin County, 640 N El Dorado St presents an attractive choice for investors due to Stockton's strong transportation corridors and growing industrial market.