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$ 1,779,900
Est. payment | /mo
12,096 SqFt
$ 1,779,900
Est. payment | /mo
12,096 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,096 sqft
Price per Sqft $147
MLS Listing ID 651424
HOA Y/N No
Year Built 1985
Lot Size 4.090 Acres
Property Sub-Type Commercial
Property Description
Oak Knoll Professional Center is a fully occupied professional office asset located in the tranquil mountain community of Auberry, California. Now 100% leased, the property is anchored by strong essential service tenants including PG&E and American Ambulance, alongside necessary medical providers such as a dentist office and physical therapy practice. Together they deliver durable tenancy and consistent demand.The rent roll is structured on modified gross leases that include base year expense recovery. This allows ownership to recoup operating costs that rise above the year in which each lease was signed, creating an effective hedge against increasing operating expenses while helping to preserve net operating income over time. A recently obtained insurance quote comes in line with current ownership's costs, supporting consistent and predictable expenses for a new owner.Significant capital improvements completed over the past five years, including roof replacement and new HVAC units, substantially reduce capital expenditures in the near term and position the asset for ownership with minimal upkeep.The center further offers exceptional flexibility and lasting upside with five separate APNs, enabling potential individual sale, along with a private well that enhances operational efficiency and cost control, and a dedicated pad for future development. Strategically located along Highway 168, the property offers convenient access to Fresno while serving the surrounding foothill and mountain communities and the Shaver Lake corridor.
Location
State CA
County Fresno
Zoning RCC
Interior
Cooling Central Heat/Cool
Exterior
Parking Features Over 21 Spaces
Utilities Available Propane
Roof Type Composition,Wood
Building
Story 1
Sewer Septic Tank, On
Water Well
Listed by Jeffrey Kim The JKRE Investment Group
Nearby Locations
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