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503 W Benjamin Holt Dr
Stockton, CA 95207

$2,100,000 USD

Bank For Sale • 17,372 SF

Property Details

Property Type Bank
Total Building Size 17,372 SF
Lot Size 1.89 AC
Building Class B
Year Built 1985
Tenancy Multiple
Zoning GC

39 Transit Score

91 Walk Score

                
                    Highlights
                
                                Existing Income with Upside and/or Owner-User Potential | NNN Lease to Bank of America (69% of GLA)
                            
                                Lease up of 5,303 Vacant Space at $0.95 NNN / Month Equates to 8.19% Proforma Cap Rate
                            
                                Property Sits on a Large 1.89 Acre, Rectangular Shaped Lot | Priced Below Replacement Cost at $129 per Square Foot
                            
                                High Deposits | This Bank of America location has reported over $589 Million in Deposits as of June 30, 2022(per FDIC)
                            
                                Low Rent and Early Lease Extension | Bank of America Exercised 5-year Option Commencing on 10/1/24
                            
                                Located at Signalized, Hard Corner Intersection with Combined Traffic Counts of 14,896 Vehicles

Amenities

Banking

Public Transportation

Commuter Rail	Drive	Walk	Distance
Stockton (Altamont Corridor Express - Altamont Commuter Express (ACE))	12 min	-	5.4 mi
Stockton (San Joaquins - Amtrak)	13 min	-	5.6 mi
Airport	Drive	Walk	Distance
Stockton Metro	21 min	-	12.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	169
Type:	Surface
Included in Rent:	Yes

Colton Toste 209-461-6400 First Commercial Real Estate

503 W Benjamin Holt Dr Stockton, CA 95207