Map of Property

620 North Aurora Street

For Sale

620 North Aurora Street, Stockton, CA 95202

This Stockton property for sale is located at 620 North Aurora Street. The general use of 620 North Aurora Street is office and it incorporates 112,382 square feet of class C office space. The current listed sale price for 620 North Aurora Street is $8,900,000. 620 North Aurora Street is situated on a lot that is 3.55 acre in size.

Contacts

broker

Scott Kingston

Turton Commercial Real Estate

broker

David Khedry

Turton Commercial Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 112,382 SF
  • Lot Size 3.55 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 203
  • Parking Ratio 1.81 / 1,000 SF
  • Building Class C
  • Year Built 1995
  • Date Updated Nov 7, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 83/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Stockton, CA
  • Neighborhood Downtown Stockton
  • Zip Code 95202
  • Market Central Valley

Points of Interest

  • Stockton–Downtown

    0.30 miles

  • Chevron

    0.39 miles

  • Valero

    0.66 miles

  • Arco

    0.72 miles

  • Hardy's Gas & Snacks

    0.88 miles

  • Shell:

    1.25 miles

  • Beason

    1.51 miles

  • ChargePoint

    8.03 miles

  • Market Street Garage

    0.67 miles

  • State Lot

    0.73 miles

  • Hunter Street Garage

    0.74 miles

  • Private Parking (Customers & Employees)

    0.78 miles

  • Stewart Eberhardt Parking Garage

    0.80 miles

  • Locke 2

    2.90 miles

  • Locke 1

    2.93 miles

  • Locke 3

    2.96 miles

  • Holt 2

    2.98 miles

  • Locke 4

    3.02 miles

  • Crest Motel

    0.37 miles

  • Budget Inn

    0.49 miles

  • Stockton Travellers Motel

    0.72 miles

  • Executive Lodge Inn

    0.82 miles

  • Pacific Motel

    0.82 miles

  • University Plaza Waterfront Hotel

    0.84 miles

  • Howard Johnson Stockton

    0.85 miles

  • Knotty Pine Motel 2

    1.21 miles

  • Knotty Pine Motel

    1.21 miles

  • Knotty Pine Motel 3

    1.22 miles

  • Tienda Guatemalteca El Quetzal

    0.49 miles

  • Grocery Outlet

    0.54 miles

  • La Superior

    1.03 miles

  • Super Mercado

    1.56 miles

  • Save Mart

    1.76 miles

  • Arteaga's

    1.99 miles

  • Sakura Japanese Groceries & Gifts

    2.46 miles

  • Dillard's

    2.80 miles

  • JCPenney

    2.85 miles

  • Target

    2.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 620 North Aurora Street