Dollar General Market - Stockton, CA | 2150 W Alpine Ave
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Dollar General Market - Stockton, CA 2150 W Alpine Ave
21,539 SF Retail Building Stockton, CA 95204 $3,424,323 ($159/SF) 6.50% Cap Rate
Investment Highlights
- Single Tenant Freestanding Dollar General Market in Stockton, CA on a hard Corner
- Equipped with New Roof (Replaced in March 2024 with a 20 Year Warranty)
- 68,300+ Daytime Employees within 3 Mile Radius of Site
- The property is priced at $160 PSF, which is well below replacement cost.
- I-5 experiences heavy traffic with over 110,000 VPD.
Executive Summary
Single Tenant Freestanding Dollar General Market in Stockton, CA on a hard Corner
This site received 485,000 Visits In The Last 12 Months Per Placer.AI , making it one of the top 4% most visited Dollar General Markets and among the top 1% most visited locations in the entire Dollar General system nationwide.
The property is priced at $160 PSF, which is well below replacement cost.
Current Annual Rent is $11/SF, which is significantly below the market rate Equipped with New Roof (Replaced in March 2024 with a 20 Year Warranty)
22,000+ People within 1 Mile Radius of Site - 118,000+ People within 3 Mile Radius of Site Projected
68,300+ Daytime Employees within 3 Mile Radius of Site
I-5 experiences heavy traffic with over 110,000 VPD.
This site received 485,000 Visits In The Last 12 Months Per Placer.AI , making it one of the top 4% most visited Dollar General Markets and among the top 1% most visited locations in the entire Dollar General system nationwide.
The property is priced at $160 PSF, which is well below replacement cost.
Current Annual Rent is $11/SF, which is significantly below the market rate Equipped with New Roof (Replaced in March 2024 with a 20 Year Warranty)
22,000+ People within 1 Mile Radius of Site - 118,000+ People within 3 Mile Radius of Site Projected
68,300+ Daytime Employees within 3 Mile Radius of Site
I-5 experiences heavy traffic with over 110,000 VPD.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
21,539 SF
Building Class
C
Year Built/Renovated
1950/2012
Price
$3,424,323
Price Per SF
$159
Cap Rate
6.50%
NOI
$222,581
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Land Acres
1.20 AC
Zoning
C-N
Parking
80 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,067,430 | |
| Land Assessment | $685,219 | Total Assessment | $1,752,649 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$685,219
Improvements Assessment
$1,067,430
Total Assessment
$1,752,649
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Dominic Shamany -
Legacy Commercial Real Estate Advisors
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Dollar General Market - Stockton, CA | 2150 W Alpine Ave
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