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811 E March Ln

4,500 SF 100% Leased Retail Building Stockton, CA 95207 $1,250,000 ($278/SF) 6.93% Cap Rate

Investment Highlights

  • 100% Occupied By A Diverse Tenant Mix (4 Tenants)
  • Scheduled rental increases for all tenants, providing a passive long-term income generator
  • Property benefits from recent improvements - Roof, walkway, paint
  • Recession proof tenants on NNN leases
  • Situated along a highly trafficked thoroughfare in Stockton

Executive Summary

KW Commercial is pleased to present this enticing opportunity for investors seeking to acquire a fully stabilized multi-tenant retail building, excellently positioned at a signalized intersection on Stockton's main thoroughfare. The property is 100% leased to a variety of service oriented tenants and consists of an approximately 4,500 sq ft building situated on 0.51 AC. This offering provides an investor the opportunity to enjoy stable cash flow with upside through future renewals. A more detailed rent roll is available upon request.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
C
Year Built
1989
Price
$1,250,000
Price Per SF
$278
Cap Rate
6.93%
NOI
$86,639
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
0.51 AC
Zoning
General Commercial
Parking
18 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
97 FT on E March

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Barber Shop
  • Services
  • 750 SF
  • -
  • Triple Net
  • Jan 2028
  • Flower Shop
  • Retailer
  • 900 SF
  • -
  • Triple Net
  • Jan 2026
  • Grocery
  • Retailer
  • 1,800 SF
  • -
  • Triple Net
  • Jul 2027
  • Smoke Shop
  • Retailer
  • 1,050 SF
  • -
  • Triple Net
  • Jan 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Barber Shop Services 750 SF - Triple Net Jan 2028
Flower Shop Retailer 900 SF - Triple Net Jan 2026
Grocery Retailer 1,800 SF - Triple Net Jul 2027
Smoke Shop Retailer 1,050 SF - Triple Net Jan 2028
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Rent-A-Center
Crunch
Walmart Neighborhood Market
Dutch Bros
Alberto's Mexican Food
Winco Foods
Sky Zone
Buffalo Wild Wings
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
104-090-19
Land Assessment
$271,660
Improvements Assessment
$344,176
Total Assessment
$615,836
  • Listing ID: 33414373

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 811 E March Ln, Stockton, CA 95207

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