This offering consists of a ±12,000-square-foot single-tenant industrial building positioned on approximately 0.92 acres within the City of Stockton. Constructed with durable masonry and featuring an 18-foot clear height, the facility is designed for efficient industrial operations and includes six 12-by-14-foot bay doors to support high-volume loading and unloading. The site benefits from a secured and fully fenced yard, enhancing functionality for logistics and service-oriented users. Located near both Interstate 5 and Highway 99, the property provides excellent regional access and connectivity to major healthcare facilities and business services throughout Stockton.
The asset is fully occupied by Apria Healthcare, a nationally recognized provider of home medical equipment and respiratory therapy services, now part of Owens & Minor following their 2022 acquisition. Apria has operated at this location since 2003, demonstrating exceptional tenancy stability and long-term commitment to the trade area. The existing NNN lease runs through February 2029 and includes annual 3 percent rent increases, delivering predictable and passive income for investors. This durable cash flow, combined with the tenant’s strong corporate presence, positions the property as a reliable investment suitable for long-term holders seeking yield security.
Offered at $2,100,000 with a 5.97 percent cap rate and priced at $175 per square foot, the property presents a compelling investment opportunity supported by strong lease economics, stable tenancy, and excellent industrial fundamentals. The surrounding Stockton market continues to benefit from its strategic Central Valley logistics location, access to roadway systems, and deep labor pool, further strengthening the long-term viability of the asset.