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1955 Lucile Ave
Stockton, CA 95209
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,937 SF
Building Class
C
Year Built
1994
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.62 AC
Zoning
C-G
Parking
26 Spaces (2.41 Spaces per 1,000 SF Leased)
Frontage
153’ on Lucile Ave
Amenities
- Signage
About 1955 LUCILE AVE , STOCKTON, CA 95209
Marcus and Millichap is pleased to offer 1955 Lucile Ave a 10 unit shopping center sitting on over half an acre in the heart of Stockton. Less than 4.5 miles away from the University of the Pacific, and in a dense residential neighborhood, the property affords the tenants access to a large community base. Rents are below market and are up for renewal in 2019; so there is upside to be had. Over 10,000 square feet of lease-able space. With current rents and expenses in place the property is priced at an 8% cap rate. Perfect for an owner user or an out of town investor looking for high yield properties.
Property Taxes
| Parcel Number | 080-290-10 | Improvements Assessment | $789,784 |
| Land Assessment | $242,066 | Total Assessment | $1,031,850 |
Property Taxes
Parcel Number
080-290-10
Land Assessment
$242,066
Improvements Assessment
$789,784
Total Assessment
$1,031,850
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