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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 Under Contract
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 - General Commercial
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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