This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

633 San Juan Ave

31,807 SF 100% Leased Industrial Building Stockton, CA 95203 $10,500,000 ($330/SF) 10.95% Cap Rate

Investment Highlights

  • State of the Art Building with high tenant investment into the property
  • Minimal owner responsibilities for a very-passive investment
  • Over 450 tons of top-of-the-line AAON HVAC
  • Long Firm Term with an attractive rent increases resulting in a 12.77% blended cap rate over the term of the 20 year lease
  • Four 350 KVA natural gas generators
  • Fertigation and filtration systems

Executive Summary

633 San Juan Avenue in Stockton, CA is a ±31,807 square foot Class A industrial building occupied by Juva Life Inc., one of the world’s most innovative cannabis companies. With a 20-year term in place, acquiring this sale leaseback at 633 San Juan Avenue provides a once-in-a-lifetime opportunity for an investor to get a high return on investment, with the peace of mind of having a successful long-term tenant in place.
633 San Juan Avenue in Stockton, CA is a class A industrial building with a 20-year long-term sale leaseback from a publicly traded tenant. The property is strategically located in the heart of Stockton’s industrial hub, directly across from the Port of Stockton, adjacent to the Department of Homeland Security & Department of Justice, and almost immediately off the W Fremont Street Exit of I-5.

Property Facts

Price $10,500,000
Price Per SF $330
Sale Type Investment NNN
Cap Rate 10.95%
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 1.91 AC
Rentable Building Area 31,807 SF
No. Stories 1
Year Built 1959
Parking Ratio 0.44/1,000 SF
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-380-03
Land Assessment
$890,460
Improvements Assessment
$3,189,540
Total Assessment
$4,080,000

zoning

Zoning Code IG
IG
  • Listing ID: 32706273

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 633 San Juan Ave, Stockton, CA 95203

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}