9210 Thornton Rd - Retail FOR SALE


Stockton, CA 95209- Stonewood
$950,000 USD
916-724-1326
9210 Thornton Rd, Stockton, CA for Sale
$950,000 USD
Retail - FOR SALE
1/13
null | Request Cap Rate

9210 Thornton Rd
Stockton, CA 95209
Stonewood


HIGHLIGHTS

  • Significant Value-Add Opportunity: Multiple avenues to increase income through leasing vacant suites, raising below-market rents, and renovating.
  • 60% Current Occupancy: Two vacant suites provide an investor with immediate leasing and repositioning opportunities.
  • Prime Front Suite Available: The larger vacant unit is located at the front of the building and offers arguably the best visibility and positioning.
  • Strong Traffic Exposure: High-visibility location benefits from traffic counts exceeding 35,000 vehicles per day.
  • Ample Parking: Convenient customer parking is complemented by secured and gated employee parking at the rear of the property.

OVERVIEW

The offering consists of a 6,213-square-foot, multi-tenant retail building situated on approximately 0.58 acres of commercially zoned land. Originally constructed in 1991 and renovated in 2015, the property is currently 60% occupied by three established personal-service tenants, with two additional suites currently vacant. The larger of the two vacant spaces is prominently positioned at the front of the building and is arguably the most desirable suite within the property, providing an investor with an excellent opportunity to attract a quality tenant and establish a strong market rental rate. The existing tenants include Final Destination Tattoo, Star Brow Beauty Salon, and Flawless Studio Beauty Salon provide personal and experiential services that are generally resistant to e-commerce and cannot be easily replaced by online retailers. All three tenants operate under triple-net (NNN) leases and reimburse ownership for their respective pro rata share of property operating expenses, providing investors with favorable expense-recovery characteristics. Current rents are at or below prevailing market rental rates, creating additional upside through future rent increases. Furthermore, only one tenant, Final Destination Tattoo, has contractual renewal options, providing ownership with greater flexibility to reposition the property, replace tenants as leases expire, and capture market rents. This flexibility, combined with the property's existing vacancy, creates a compelling opportunity for an investor to increase both occupancy and rental income. The property offers ample customer parking, along with secured and gated parking at the rear of the building for employees. Its prominent location provides excellent visibility and exposure to significant daily traffic counts exceeding 35,000 vehicles per day. The property is further supported by an established residential trade area with an abundance of surrounding rooftops, as well as numerous nearby retail and commercial businesses that contribute to the area's overall customer draw. The offering represents an attractive value-add opportunity for an investor seeking to acquire a well-located retail asset with multiple avenues for increasing income. Through strategic renovations and property improvements, ownership has the potential to increase rents on the existing occupied suites, lease the two vacant units, and improve the overall quality and appearance of the property. The combination of below-market rents, available vacancy, flexible lease rollover, favorable NNN lease structures, and a high-visibility location provides a clear path toward increasing the property's net operating income and long-term value.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

CG

APN/PARCEL ID

072-450-12

ASK ABOUT THIS PROPERTY

Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

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Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

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