Railroad Square

620 N Aurora Street


Railroad Square

Region: Stockton
Use: Office
Lot Size: 3.55 acres
Lease or Sale: Sale
Building Size: ±112,382 SF
Sale Price: $11,638,000

Railroad Square is a one of a kind opportunity to own a 100% leased property in the heart of Stockton! The County of San Joaquin, who has a Aa2 bond rating per Moody’s, and leased at the building for over 20 years, has just signed a new market rate lease, with market rate rent, and annual increases. They occupy nearly 81% of the building with the remainder being ancillary businesses to the County’s tenancy. As well, the County has expressed interest in remaining and possibly expanding at the building for years to come, driven by the fact that space of this size, quality and price is not replicable in the Stockton market. Delivering a 8.0% capitalization rate of return upon proforma 2024 income, and priced at just $103 per rentable square foot, or $11,638,00, Railroad Square presents a once in a generation opportunity to own a vital part of Stockton’s past, present and future!

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