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.
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0BEDS
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4.09ACRES
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0BATHS
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01/2 BATHS
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12,096SQFT
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$147$/SQFT
School Ratings & Info
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.
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