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1537 N Wilson Way
Stockton, CA 95205
Kiki's Chicken · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 7 Year Absolute NNN Lease in San Joaquin County Featuring 3% Annual Increases with Two, Five-Year Options.
- Features Easy Access and Excellent Visibility on North Wilson Way to Over 28,000 Vehicles Per Day.
- Features Dense Population – 145,446 Residents in a 3-Mile Radius and Nearly 300,000 Residents in a 5-Mile Radius.
- Kiki’s Chicken, a Privately Held Company Headquartered in Sacramento, CA, has 25 locations and 8 food trucks throughout Northern California.
- Strong Mix of Dining Options and Essential Services Making it a Convenient Location for Residents and Visitors Alike.
EXECUTIVE SUMMARY
The subject property is a 2008 construction 3,040 square foot Kiki’s Chicken located in Stockton, CA. Kiki’s Chicken signed a seven-year net lease with two, five year options to extend at at 3% annual increases. Kiki’s Chicken is a privately held company and is headquartered in Sacramento, CA.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,040 SF
Building Class
B
Year Built/Renovated
2008/2024
Price
$1,694,000
Price Per SF
$557.24
Cap Rate
7%
NOI
$118,580
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Opportunity Zone
Yes
Zoning
GC
Parking
10 Spaces (3.29 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 117-200-28 | Improvements Assessment | $750,000 |
| Land Assessment | $650,000 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
117-200-28
Land Assessment
$650,000
Improvements Assessment
$750,000
Total Assessment
$1,400,000
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