3230 West Ln - Convenience Store FOR SALE


Stockton, CA 95204- Country Club/Pacific
$6,185,000 USD
949-734-0243
3230 West Ln, Stockton, CA for Sale
$6,185,000 USD
Convenience Store - FOR SALE
1/10
null | 4.85% Cap Rate

3230 West Ln
Stockton, CA 95204
Country Club/Pacific


HIGHLIGHTS

  • Brand New 7-Eleven | Absolute NNN Corporate Lease (Land & Improvements) | Qualifies for Bonus/Accelerated Depreciation
  • Located In Primary Regional Population Center (#5 CSA in the U.S.) With Strong Demographics
  • High Image Location at Signalized, Hard-Corner Intersection of Two Major Arterial Thoroughfares (44k CPD)
  • Close Proximity to Major Daytime Population/Employment Generators
  • 7-Eleven: Best in Class Convenience Store Retailer
  • Strategically Positioned 7-Eleven Location – High Demand Site

OVERVIEW

Lee & Associates is pleased to present a Brand New, Corporate Guaranteed, Absolute NNN Leased 7-Eleven Investment Property located in Stockton, California. The Subject Property is located in a Qualified Opportunity Zone and also qualifies for Bonus/Accelerated Depreciation (check with your CPA for details). This high-image absolute NNN investment property is strategically located at the signalized, hard-corner intersection of West Lane and East Alpine Avenue - one of Stockton’s many busy thoroughfares with combined traffic counts exceeding 44,000 CPD. Backed by a Corporate Lease Guaranty from 7-Eleven (S&P Rated "A"), the subject property offers a highly secure and passive income stream with scheduled 10% rental increases every five years and 3 (5-Year) options. The subject property benefits from dense, infill population demographics of nearly 157,000 residents within a 3-mile radius and daytime/employment population of over 9,000 within a 1-mile radius. With a hybrid mix of residential and daytime/employment generators, the subject property benefits from a steady stream of customer traffic during daytime and nighttime hours, and both during the work week as well as on weekends. Average Household Income within a 1-mile radius of the subject property is $94,379.

FOR SALE DETAILS

PRICE

$6,185,000 USD

PRICE/SF

$1,513 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand-New Abs NNN 7-Eleven; Corp. Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Auto Repair, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,311 SF

ZONING

-

APN/PARCEL ID

117-080-05,117-080-17

ASK ABOUT THIS PROPERTY

Jonathan SelznickJonathan Selznick - AZ Broker License #SE687186000More Info
949-734-0243

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Jonathan SelznickJonathan Selznick - AZ Broker License #SE687186000More Info
949-734-0243

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