For Sale
$1,250,000

811 March Ln Stockton, CA 95207

Stockton, CA: 4-Tenant Retail Center

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Lifestyle center - Stockton, CA: 4-Tenant Retail Center
Where is the lifestyle center located?
The property is located at 811 March Ln Stockton, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
811 March Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message