For Sale
$1,250,000

811 March LnStockton, CA 95207

Stockton, CA: 4-Tenant Retail Center

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully occupied, four-tenant retail building totaling 4,500 square feet on a 0.52-acre lot in Stockton, California. Located at 811 E March Ln, this single-story, 1989-built property boasts a strong 7.03% cap rate and a substantial net operating income (NOI) of $87,838. The property features 18 parking spaces and is situated on a main thoroughfare with excellent visibility. Currently 100% occupied with a diverse mix of tenants under NNN leases, this stabilized investment offers predictable cash flow and potential for future growth through varied rent bumps. The property benefits from recent improvements including a new roof, ADA-compliant walkway, and fresh paint. The asking price is $1,250,000, translating to $277.78 per square foot. Zoned for general commercial use, this fee-simple ownership offers a secure and lucrative investment opportunity in a prime Stockton location. The property's APN is 104-090-190. This is a rare chance to acquire a well-maintained, high-performing retail property with a proven track record of success. The property is ideally suited for investors seeking stable income and long-term appreciation.

Highlights

  • Fully occupied, four-tenant retail building totaling 4,500 square feet.
  • NNN leases with diverse tenant mix providing stable income and scheduled rent increases.
  • Excellent visibility on a main thoroughfare in Stockton, CA.
  • Recent improvements include a new roof, ADA-compliant walkway, and fresh paint.

Property Details for 811 March Ln

Property type
Lifestyle centers, Power centers
Square Feet
4,500 SF
Year Built
1989
Buildings
1
Stories
1
Lot Size (sq. ft)
22,651 SF
Units
4

Location Insight

City
Stockton
County
San Joaquin
State
California
Latitude
38.000809457855
Longitude
-121.29675508718
811 March Ln, Stockton, California

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811 March Ln
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