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2318 S Airport Way 20,300 SF Retail Building Stockton, CA 95206 $2,133,334 ($105.09/SF) 7.50% Cap Rate

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Investment Highlights

  • Priced far below replacement cost.
  • Corporate guaranteed tenant.
  • Family Dollar not utilizing the entirety of the space. Potential future opportunity for leasing up second unit to second lessee.
  • Top performing Family Dollar location with a very low monthly Rent/SF of $0.66.
  • Located in CA Opportunity Zone.
  • 5.8% rent increase for 1st option; 10% Percent increases in remaining three option periods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,300 SF
Building Class
C
Year Built
1964
Price
$2,133,334
Price Per SF
$105.09
Cap Rate
7.50%
NOI
$160,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.90 AC
Opportunity Zone
Yes
Zoning
C2, Stockton - CG
Parking
37 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
262’ on S Airport Way

Amenities

  • Corner Lot
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
169-152-01
Land Assessment
$280,500
Improvements Assessment
$1,530,000
Total Assessment
$1,810,500
  • Listing ID: 39536192

  • Date on Market: 2/22/2026

  • Last Updated:

  • Address: 2318 S Airport Way, Stockton, CA 95206

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