353 W Charter Way
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353 W Charter Way
5,602 SF 80% Leased Retail Building Stockton, CA 95206 $1,850,000 ($330/SF) 7.14% Cap Rate
Investment Highlights
- Strong historical occupancy Multi-Tenant Retail location
- National cotenants include Dollar General Grocery, O'Reilly's, Denny’s, McDonald’s, Burger King, Arco, Chevron, 7-11, Starbucks
- Edison High School within walking distance provides high foot traffic during lunch hours and after school
- Located on Interstate 5 and Highway 4, a retail and food service corridor with great visibility from the freeway
- Schuff Steel Plant, 1 of 7 locations in the entire country, located only a short distance from site and showcases strong labor force and customer ba
- Located in South Stockton servicing a large pool of downtown Stockton office workers as well as industrial workers in the Port of Stockton and Airport
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,602 SF
Building Class
C
Year Built
1990
Price
$1,850,000
Price Per SF
$330
Cap Rate
7.14%
NOI
$132,090
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Land Acres
0.40 AC
Opportunity Zone
Yes
Zoning
CG - Commercial General
Parking
30 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- B
- 1,098 SF
- Retail
- -
- Now
Space | Size | Space Use | Position | Available |
B | 1,098 SF | Retail | - | Now |
B
Size |
1,098 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
Parcel Number | 147-082-15 | Improvements Assessment | $503,385 |
Land Assessment | $55,783 | Total Assessment | $559,168 |
PROPERTY TAXES
Parcel Number
147-082-15
Land Assessment
$55,783
Improvements Assessment
$503,385
Total Assessment
$559,168
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353 W Charter Way
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