10408 Trinity PkwyStockton, CA 95219

Property Details for 10408 Trinity Pkwy

Year built

2007

Lot size

1.63 AC

Property size (Sq ft)

17,543 SF

Property type

Other commercial real estate

APN

066-020-200-000

APU

66020200000

Description

This exceptional investment opportunity presents a 17,673 square foot multi-tenant storefront in Stockton, CA, currently leased to Dollar Tree and See's Candies. Located within the high-traffic Park West Place power center, anchored by Target and Lowe's, this property boasts a strong 5.50% cap rate and a substantial NOI of $253,159. Built in 2007 on a 1.63-acre lot, the property benefits from a signalized entrance and excellent freeway access via I-5 (82,000 CPD). Both tenants have demonstrated long-term commitment, with Dollar Tree recently exercising a 5-year option. Dollar Tree, a top 5% performer nationwide, and See's Candies, a Berkshire Hathaway subsidiary, occupy this strategically located space within a dominant retail center attracting 6.8 million annual visitors (Placer.ai). The property features below-market rents averaging $14.34 per square foot, presenting significant upside potential. The surrounding area exhibits strong demographics, with an average household income exceeding $137,000 within a 1-mile radius and 98% population growth within a 3-mile radius from 2010 to 2020. This NNN-leased property offers a compelling investment opportunity with significant long-term growth potential. The asking price is $4,600,000. The property's APN is 066-020-200-000.

• Alternative Use

  Use

  Valuation

  Residential

  $3,378,026

  Hospitality

  $3,094,254

  Educational

  $2,574,383

  Medical

  $2,662,920

  Retail

  $4,004,596

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

38.0515

Longitude

-121.375

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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