10336 Trinity Pky - Freestanding FOR SALE
Stockton, CA 95219 |
10336 Trinity Pky
Stockton, CA 95219
HIGHLIGHTS
- Rare “bite-size” Northern California single-tenant NNN investment opportunity
- 15-year NNN ground lease (9+ years remaining) with 10% rent increases every 5 years
- Outstanding demographics with average household income over $144,500 within one mile and a population over 63,500 within 3 miles
- AutoZone is the largest retailer and distributor of automotive replacement parts and accessories in the United States with over 6,400 locations
- AutoZone reported total revenue of $18.49 billion and net income of $2.66 billion, and maintains an investment grade S&P rating of ‘BBB’
- Strong fundamentals: below market rent ($9.45/SF/YR) and below replacement cost
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
AutoZone Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
6700
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
-
APN/PARCEL ID
066-400-04
