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Brand-New Abs NNN 7-Eleven; Corp. Guaranty 3230 West Ln 4,088 SF Retail Building Stockton, CA 95204 $6,185,000 ($1,512.96/SF) 4.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 7-Eleven | Absolute NNN Corporate Lease (Land & Improvements) | Qualifies for Bonus/Accelerated Depreciation
- High Image Location at Signalized, Hard-Corner Intersection of Two Major Arterial Thoroughfares (44k CPD)
- 7-Eleven: Best in Class Convenience Store Retailer
- Located In Primary Regional Population Center (#5 CSA in the U.S.) With Strong Demographics
- Close Proximity to Major Daytime Population/Employment Generators
- Strategically Positioned 7-Eleven Location – High Demand Site
EXECUTIVE SUMMARY
Lee & Associates is pleased to present a Brand New, Corporate Guaranteed, Absolute NNN Leased 7-Eleven Investment Property located in Stockton, California.
The Subject Property is located in a Qualified Opportunity Zone and also qualifies for Bonus/Accelerated Depreciation (check with your CPA for details).
This high-image absolute NNN investment property is strategically located at the signalized, hard-corner intersection of West Lane and East Alpine Avenue - one of Stockton’s many busy thoroughfares with combined traffic counts exceeding 44,000 CPD.
Backed by a Corporate Lease Guaranty from 7-Eleven (S&P Rated "A"), the subject property offers a highly secure and passive income stream with scheduled 10% rental increases every five years and 3 (5-Year) options.
The subject property benefits from dense, infill population demographics of nearly 157,000 residents within a 3-mile radius and daytime/employment population of over 9,000 within a 1-mile radius. With a hybrid mix of residential and daytime/employment generators, the subject property benefits from a steady stream of customer traffic during daytime and nighttime hours, and both during the work week as well as on weekends. Average Household Income within a 1-mile radius of the subject property is $94,379.
The Subject Property is located in a Qualified Opportunity Zone and also qualifies for Bonus/Accelerated Depreciation (check with your CPA for details).
This high-image absolute NNN investment property is strategically located at the signalized, hard-corner intersection of West Lane and East Alpine Avenue - one of Stockton’s many busy thoroughfares with combined traffic counts exceeding 44,000 CPD.
Backed by a Corporate Lease Guaranty from 7-Eleven (S&P Rated "A"), the subject property offers a highly secure and passive income stream with scheduled 10% rental increases every five years and 3 (5-Year) options.
The subject property benefits from dense, infill population demographics of nearly 157,000 residents within a 3-mile radius and daytime/employment population of over 9,000 within a 1-mile radius. With a hybrid mix of residential and daytime/employment generators, the subject property benefits from a steady stream of customer traffic during daytime and nighttime hours, and both during the work week as well as on weekends. Average Household Income within a 1-mile radius of the subject property is $94,379.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
4,088 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$6,185,000
Price Per SF
$1,512.96
Cap Rate
4.85%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.04 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Car Charging Station
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 7-Eleven
- -
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 7-Eleven | - | - | - | Triple Net | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $220,200 | |
| Land Assessment | $1,149,965 | Total Assessment | $1,370,165 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,149,965
Improvements Assessment
$220,200
Total Assessment
$1,370,165
CONTACTS
-
Jonathan Selznick -
Ryan Bennett -
Drew Olson -
Jonathan Selznick - AZ Broker License #SE687186000
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Brand-New Abs NNN 7-Eleven; Corp. Guaranty | 3230 West Ln
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