Stockton Boulevard Strip Center | 6955 Stockton Blvd
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Stockton Boulevard Strip Center 6955 Stockton Blvd
12,359 SF 56% Leased Retail Building Sacramento, CA 95823 $3,372,200 ($273/SF) 6% Cap Rate
Investment Highlights
- Exceptional NNN investment opportunity to acquire a mixed-use destination with a diverse local tenant mix and attractive assumable financing.
- At the well-traveled signalized corner of Stockton Blvd and Lindale Dr, with signage visible to over 40,000 vehicles per day and easy ingress/egress.
- Neighboring retailers include Walmart Supercenter, Dollar Tree, Burlington, Chuze Fitness, Krispy Kreme, Bank of America, Popeyes, and PetSmart.
- Situated in an evolving area that's projected to see construction along Stockton Blvd and a 3% increase in population over the next five years.
Executive Summary
The Wareeth Group is pleased to present exclusively for sale the 12,359-square-foot Stockton Boulevard Strip Center at 6955 Stockton Boulevard in Sacramento, California. This triple-net investment opportunity offers attractive assumable financing at a 4% interest rate, a 25-year fully amortizing loan with eight years until rate adjustment, all at a $1.66 million loan balance. The new owner can capitalize on the site's potential rental upside as the current leases are below market rents at a $16.87-per-square-foot base.
Stockton Boulevard Strip Center is at the signalized corner of Stockton Boulevard and Lindale Drive, providing excellent visibility and a secure investment. This mixed-use destination has building and monument signage visible to the 40,121 vehicles passing each day. The center showcases a well-established, local tenant mix in various business types, such as barbershops, restaurants, medical, auto parts, and professional services. Well-maintained, the roof has been completely redone, and four AC units have been replaced.
Shadow-anchored by Walmart Supercenter, Stockton Boulevard Strip Center is along a significant north-south retail corridor, home to numerous shopping, dining, lodging, and entertainment establishments. The property is conveniently located a mile from Highway 99, Interstate 5, and the Sacramento Executive Airport, 8 miles away. South Sacramento is an expansive residential community with a growing population of 413,127 people within 5 miles of the property. A large commercial development is in the planning stages at the former Forin Mall site directly behind the property.
Stockton Boulevard Strip Center is at the signalized corner of Stockton Boulevard and Lindale Drive, providing excellent visibility and a secure investment. This mixed-use destination has building and monument signage visible to the 40,121 vehicles passing each day. The center showcases a well-established, local tenant mix in various business types, such as barbershops, restaurants, medical, auto parts, and professional services. Well-maintained, the roof has been completely redone, and four AC units have been replaced.
Shadow-anchored by Walmart Supercenter, Stockton Boulevard Strip Center is along a significant north-south retail corridor, home to numerous shopping, dining, lodging, and entertainment establishments. The property is conveniently located a mile from Highway 99, Interstate 5, and the Sacramento Executive Airport, 8 miles away. South Sacramento is an expansive residential community with a growing population of 413,127 people within 5 miles of the property. A large commercial development is in the planning stages at the former Forin Mall site directly behind the property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,359 SF
Building Class
C
Year Built
1989
Price
$3,372,200
Price Per SF
$273
Cap Rate
6%
NOI
$202,332
Percent Leased
56%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Land Acres
0.88 AC
Opportunity Zone
Yes
Zoning
SC, Sacramento - Standard Commerical
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Barber Shop
- Retailer
- 1,010 SF
- $20.48
- Triple Net
- Jul 2026
- El Borrego De Oro
- Retailer
- 2,211 SF
- $24.69
- Triple Net
- Jul 2024
- Family Chiropractic
- Retailer
- 1,010 SF
- $20.48
- Triple Net
- Aug 2026
- Lugo Auto Group
- Retailer
- 4,450 SF
- $15.51
- Triple Net
- Nov 2024
- Master Lease
- Retailer
- 1,289 SF
- $20.48
- Triple Net
- -
- Mind My Business Acc.
- Administrative and Support Services
- 1,010 SF
- $20.40
- Triple Net
- May 2028
- Salah Mobile
- Retailer
- 1,010 SF
- $20.40
- Triple Net
- Jul 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Barber Shop | Retailer | 1,010 SF | $20.48 | Triple Net | Jul 2026 | |
| El Borrego De Oro | Retailer | 2,211 SF | $24.69 | Triple Net | Jul 2024 | |
| Family Chiropractic | Retailer | 1,010 SF | $20.48 | Triple Net | Aug 2026 | |
| Lugo Auto Group | Retailer | 4,450 SF | $15.51 | Triple Net | Nov 2024 | |
| Master Lease | Retailer | 1,289 SF | $20.48 | Triple Net | - | |
| Mind My Business Acc. | Administrative and Support Services | 1,010 SF | $20.40 | Triple Net | May 2028 | |
| Salah Mobile | Retailer | 1,010 SF | $20.40 | Triple Net | Jul 2026 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Great corner on Lindel and Stockton Blvd. The shopping center is 90% leased and only one space is available. Most of the tenants have been there for over 10 years.
Nice corner, very visible from Stockton Blvd. Automotive repair and Tire shop available now.
| Space | Size | Space Use | Position | Available |
| A | 1,200 SF | Retail | - | Now |
| H | 4,200 SF | Retail | - | Now |
A
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
H
| Size |
| 4,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
A
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Great corner on Lindel and Stockton Blvd. The shopping center is 90% leased and only one space is available. Most of the tenants have been there for over 10 years.
H
| Size | 4,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Nice corner, very visible from Stockton Blvd. Automotive repair and Tire shop available now.
Walk Score ®
Very Walkable (82)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
24,404
181,099
396,193
608,724
2029 Population
24,539
182,052
398,808
613,384
2024-2029 Projected Population Growth
0.6%
0.5%
0.7%
0.8%
Median Age
35.0
35.1
36.1
37.1
College Degree + Higher
10%
13%
24%
21%
Daytime Employees
5,391
51,661
119,656
327,218
Total Businesses
878
6,026
16,736
38,181
Average Household Income
$64,722
$70,839
$89,500
$98,159
Median Household Income
$48,269
$55,304
$70,004
$75,817
Total Consumer Spending
$206.9M
$1.6B
$4.3B
$7.3B
2024 Households
7,233
54,977
130,429
217,268
Average Home Value
$303,331
$350,380
$473,548
$527,901
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| McDonald's | - | - | 5 min walk |
| Little Caesars | - | - | 5 min walk |
| Burger King | - | - | 5 min walk |
| Fire Wings | Wings | $ | 6 min walk |
| Rally's | - | - | 7 min walk |
| Panda Express | - | - | 6 min walk |
| Happy Lemon | Cafe | - | 6 min walk |
| Starbucks | Cafe | $ | 6 min walk |
| Popeyes | - | - | 6 min walk |
| Long John Silver's | Fast Food | - | 6 min walk |
Retail |
||
|---|---|---|
| 7-Eleven | Convenience Market | 4 min walk |
| Wells Fargo Bank | Bank | 3 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 4 min walk |
| PetSmart, Inc. | Pet Shop/Supplies | 6 min walk |
| Walmart | Dept Store | 7 min walk |
| GameStop | Game Store | 7 min walk |
| S F Supermarket Inc | Supermarket | 7 min walk |
| Burlington | Dept Store | 13 min walk |
Hotels |
|
|---|---|
| Home2 Suites by Hilton |
103 rooms
8 min drive
|
| Courtyard |
139 rooms
9 min drive
|
| Ascend Collection |
32 rooms
9 min drive
|
PROPERTY TAXES
| Parcel Number | 043-0220-032 | Improvements Assessment | $1,058,178 |
| Land Assessment | $477,886 | Total Assessment | $1,536,064 |
PROPERTY TAXES
Parcel Number
043-0220-032
Land Assessment
$477,886
Improvements Assessment
$1,058,178
Total Assessment
$1,536,064
-
Ibrahim Alwareeth -
The Wareeth Group LLC
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Stockton Boulevard Strip Center | 6955 Stockton Blvd
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