General Retail For Sale • 16,136 SF
| Clear Value-Add Lease Upside – Opportunity to restructure existing below-market Modified Gross leases to market rents with NNN structure. |
| Strong Value-Add Yield Growth – Operating cap rate improves from 3.21% at acquisition to approximately 6.11% in Year 2, reaching 10.11% and etc. |
| Significant Square Footage + Bonus Basement – Approximately 8,237 SF of ground-floor retail and 7,899 SF of second-floor space, totaling ±16,136 SF. |
| Compelling Price Metrics – Pricing equates to approximately $127.47 per SF based on the retail space alone, or just $65.07 per SF including full size. |
| Individually Metered Utilities – Building is individually metered for gas, electricity, and even water, supporting efficient expense control. |
| Prime Miracle Mile Placement – Positioned directly on Stockton’s iconic Miracle Mile corridor, surrounded by established retail, dining, educational. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Stockton (ACE Train - Altamont Commuter Express (ACE), Altamont Corridor Express - Altamont Commuter Express (ACE)) | 4 min | - | 2.0 mi |
| Stockton (San Joaquins - Amtrak) | 5 min | - | 2.2 mi |
| Airport | Drive | Walk | Distance |
| Stockton Metro | 14 min | - | 7.3 mi |