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985 Sun City Ln 24,246 SF Vacant Office Building Lincoln, CA 95648 $3,370,000 ($138.99/SF)
INVESTMENT HIGHLIGHTS
- Abundant onsite parking
- Very good demographics
- Zoned for retail and office uses
EXECUTIVE SUMMARY
Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and a CPA. 18,238 SF can be assembled contiguously. In escrow.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$29,028
|
$1.20
|
| Operating Expenses |
$29,208
|
$1.20
|
| Total Expenses |
$58,236
|
$2.40
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $29,028 |
| Annual Per SF | $1.20 |
| Operating Expenses | |
|---|---|
| Annual | $29,208 |
| Annual Per SF | $1.20 |
| Total Expenses | |
|---|---|
| Annual | $58,236 |
| Annual Per SF | $2.40 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
24,246 SF
Building Class
B
Year Built/Renovated
1999/2007
Price
$3,370,000
Price Per SF
$138.99
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,246 SF
Building FAR
0.21
Lot Size
2.70 AC
Zoning
C - Commercial
Parking
158 Spaces (6.52 Spaces per 1,000 SF Leased)
AMENITIES
- Car Charging Station
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 105
- 3,429 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 109
- 1,869 SF
- Office
- Full Build-Out
- Now
FULL LEASE COMMISSION (5%) Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and AmeriGas.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 105 | 3,429 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 109 | 1,869 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 111 | 5,000-11,656 SF | Office/Medical | Spec Suite | Now |
1st Fl-Ste 105
| Size |
| 3,429 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 109
| Size |
| 1,869 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 111
| Size |
| 5,000-11,656 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 111
| Size | 5,000-11,656 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | Now |
FULL LEASE COMMISSION (5%) Now Remodeled! Spec suites now constructed. Property is located in the heart of the Sun City Lincoln Hills Community. Current tenants include Stifel Nicolaus, State Farm Insurance and AmeriGas.
PROPERTY TAXES
| Parcel Number | 330-015-005 | Total Assessment | $2,351,901 |
| Land Assessment | $589,128 | Annual Taxes | $29,028 ($1.20/SF) |
| Improvements Assessment | $1,762,773 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
330-015-005
Land Assessment
$589,128
Improvements Assessment
$1,762,773
Total Assessment
$2,351,901
Annual Taxes
$29,028 ($1.20/SF)
Tax Year
2023
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985 Sun City Ln
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