2318 S Airport Way - Supermarket FOR SALE


Stockton, CA 95206- Kennedy/Park
$2,133,334 USD
415-480-0214
2318 S Airport Way, Stockton, CA for Sale
$2,133,334 USD
Supermarket - FOR SALE
1/26
null | 7.5% Cap Rate

2318 S Airport Way
Stockton, CA 95206
Kennedy/Park


HIGHLIGHTS

  • Priced far below replacement cost.
  • Top performing Family Dollar location with a very low monthly Rent/SF of $0.66.
  • Corporate guaranteed tenant.
  • Located in CA Opportunity Zone.
  • Family Dollar not utilizing the entirety of the space. Potential future opportunity for leasing up second unit to second lessee.
  • 5.8% rent increase for 1st option; 10% Percent increases in remaining three option periods.

FOR SALE DETAILS

PRICE

$2,133,334 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,100 SF

ZONING

C2, Stockton

APN/PARCEL ID

169-152-01

ASK ABOUT THIS PROPERTY

Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

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Joshua BallesterosNAI Northern CaliforniaMore Info
415-480-0214

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