255 E March Ln - Supermarket FOR SALE


Stockton, CA 95207- Lincoln Village
$9,860,000 USD
619-507-1275
255 E March Ln, Stockton, CA for Sale
$9,860,000 USD
Supermarket - FOR SALE
1/6
null | 6.34% Cap Rate

255 E March Ln
Stockton, CA 95207
Lincoln Village


HIGHLIGHTS

  • Brand-new Ten-year lease commitment from Tenant exercised in June 2026.
  • $1.2M Cap Ex project currently underway.
  • Approximately $30M sales revenue reported in 2025.

OVERVIEW

Food 4 Less is a high-performing, necessity-based grocery investment located along Stockton’s primary retail corridor, East March Lane, with exposure to more than 33,000 vehicles per day. The 43,240-square-foot store is operated by PAQ, Inc., an employee-owned grocery company with a long-standing presence throughout Northern and Central California. The tenant recently executed a new 10-year lease commitment in June 2026, demonstrating long-term confidence in the location, while also investing approximately $1 million into store improvements and renovations. The property generates $625,000 in annual net operating income and benefits from 10% rent increases every five years throughout the remaining lease term and option periods. Reported 2025 sales of approximately $30 million and a top 10% store performance ranking further reinforce the strength of the location and tenant operations. Positioned within a dense infill trade area surrounded by national retailers including Costco, Walmart, Lowe’s, Sprouts, Best Buy, Ross, and numerous quick-service restaurants, the property serves as a dominant grocery anchor for the surrounding community. With direct access to Interstate 5, strong regional connectivity, and limited new retail development due to high barriers to entry, the asset offers investors durable cash flow, long-term income growth, and stable grocery-anchored real estate fundamentals.

FOR SALE DETAILS

PRICE

$9,860,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Plum Plaza - Food 4 Less

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.73 AC

LAND SF

206,039 SF

ZONING

C, Stockton

APN/PARCEL ID

102-130-10

ASK ABOUT THIS PROPERTY

Adam AttiaMarcus & MillichapMore Info
619-507-1275

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Adam AttiaMarcus & MillichapMore Info
619-507-1275

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