10370 Trinity Pky - Fast Food FOR SALE


Stockton, CA 95219- Spanos Park West
$2,900,000 USD
949-350-5431
10370 Trinity Pky, Stockton, CA for Sale
$2,900,000 USD
Fast Food - FOR SALE
1/5
null | 5% Cap Rate

10370 Trinity Pky
Stockton, CA 95219
Spanos Park West


HIGHLIGHTS

  • High Visibility Drive-Thru Pad Located at Park West Place, a Dominant Shopping Center Along the 5 Freeway (±113,000 Cars Per Day)
  • Strategic NNN Ground Lease Offering with Minimal Landlord Responsibilities
  • Excellent Rent-to-Sales Ratio Below 6% - Please Contact Agent for More Details
  • Park West Place is a 550,000+ Square-Foot Power Center Anchored By National Credit Tenants Including Walmart, Target, Lowe’s, Kohl’s and Many More
  • The Center is Supported by High Traffic Counts, Freeway Visibility on I-5, and Several Nearby Developments, Including:
  • Lennar at Westlake, a ±863-Acre Master-Planned Community Featuring ±2,800 Planned SFRs and ±60 Parks

OVERVIEW

--High Visibility Drive-Thru Pad Located at Park West Place, a Dominant Shopping Center Along the 5 Freeway (±113,000 Cars Per Day) --Strategic NNN Ground Lease Offering with Minimal Landlord Responsibilities | Excellent Rent-to-Sales Ratio Below 6% - Please Contact Agent for More Details --Park West Place is a 550,000+ Square-Foot Power Center Anchored By National Credit Tenants Including Walmart, Target, Lowe’s, Kohl’s and Many More --The Center is Supported by High Traffic Counts, Freeway Visibility on I-5, and Several Nearby Developments, Including Lennar at Westlake, a ±863-Acre Master-Planned Community Featuring ±2,800 Planned SFRs and ±60 Parks --Excellent Location with Strong Tenant Synergy -Corporate-Guaranteed Ground Lease with Panda Express, the Largest Asian-Segment QSR Chain in the United States (±2,600 Locations, ±45,000 Employees, ±$5.4 Billion in Annual Revenue) -20+ Year Operating History and Recently Exercised Lease Renewal Proves Tenant’s Long-Term Commitment to the Site -Panda Express Enhances Tenant Synergy by Providing a Complementary Asian QSR Option That Broadens Dining Choices for Area Consumers -The Subject Property is Positioned Directly Across from a High-Performing Walmart Location, Ranking in the Top 20% Nationwide for Customer Visits According to Placer.ai --Strong Real Estate Fundamentals -Signalized, Corner Location at the Gateway to Park West Place Provides Excellent Visibility — the Subject Property is the First Drive-Thru QSR Encountered When Approaching the Shopping Center from the South -Close Proximity To Bear Creek High School (±1,900 Students) and Several Large Office Buildings, Supporting Daily Traffic Patterns And Consistent Quick Service Demand -Excellent Demographics: Within Five Miles, Average Household Income Exceeds $112,000, Complemented by ±45,000 Households and Population in Excess of 130,000 -Several Developments are Underway in the Immediate Area, Including the 18-Acre Trinity Parkway Mixed-Use Development Featuring Chick-fil-A, In N Out, Dutch Bros., and a 100,000+ SF Self-Storage Component

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panda Express @ Park West Place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

MX

APN/PARCEL ID

066-400-06

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.