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.
Property Type
Commercial
Property Subtype 1
Office
Property Subtype 2
Medical/Dental
Year Built
1985
Stories
One
Potential Use
Church, Day Care, General Office, Government, Health Club, Medical Office, Private Club
Utilities, Common Area, Maintenance Fees, Taxes, Insurance
Owner Pays
Utilities, Taxes, Insurance, Maintenance Fees, Parking Area
Operating Income
224881.00
Operating Expense
66806.00
Existing Loan
Conventional
Tax Rate
1.063
71109
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Last modified 2 hours ago Fresno MLS last checked for updates 30 minutes ago
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