2283 W March Ln
Stockton, CA 95207
Red Lobster · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for Red Lobster located at 2283 West March Lane in Stockton, California. The property is roughly 8,409 square feet and is situated on approximately 0.27 acres of land. This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23 years remaining on the lease. Current annual rent is$328,099. The rent is scheduled to increase by 2 percent annually, including through the four, five-year tenant renewal options. This Red Lobster is located on 2283 West March Lane in Stockton, California. Stockton is located in the San Joaquin County in north central California. With an estimated population of over 300,000, Stockton is the thirteenth largest city in California and the 63rd largest city in the United States. Stockton is a densely populated area. There are approximately 133,242 people within a three-mile radius of this property and 281,974 within a five-mile radius. The property is situated off of West March Lane, which has an average daily traffic count of 39,000 vehicles. Adjacent to West March is United States Interstate five, which brings in an additional 109,500 vehicles to the immediate area.