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Brand New Corporate Lease | Signalized Corner 4704 Pacific Ave 2,060 SF Retail Building Stockton, CA 95207 $4,425,000 ($2,148.06/SF) 5.65% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10-Year Corporate Ground Lease with 10% Rent Increases Every 5 Years
- Brand New 2025 Construction to Latest Prototype with Dual Drive-Thru Lane
- Large 1.26 Acre Parcel on Hard Corner of the Main-On-Main Intersection in Stockton
- Hard Corner Outparcel to 846,000 square foot Weberstown Mall with 4.5 million Annual Visits and $600/SF in Sales
- Across from San Joaquin College with over 18,000 Students
EXECUTIVE SUMMARY
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new free-standing building with dual drive-thru lanes leased to Jollibee. Located on the best corner outparcel of the Weberstown Mall, an 846,000 square foot regional mall anchored by Dillard’s, JC Penney, Old Navy, and Barnes & Noble in Stockton, California, Weberstown Mall averages $600/SF in sales and is the only enclosed mall in Stockton. Notably, it also does not have a food court, funneling food and beverage sales to the outparcels. The subject property is well positioned on the hard corner of the signalized intersection of Pacific Avenue and March Lane which has average daily traffic counts in excess of 73,000 cars per day. This offering presents an investor with an opportunity to acquire an attractive, well-located property backed by a brand new 10-year corporate lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,060 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$4,425,000
Price Per SF
$2,148.06
Cap Rate
5.65%
NOI
$250,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.26 AC
Zoning
CMX - Commercial mixed use
Parking
50 Spaces (24.27 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 102-230-17 | Improvements Assessment | $1,709,985 |
| Land Assessment | $999,001 | Total Assessment | $2,708,986 |
PROPERTY TAXES
Parcel Number
102-230-17
Land Assessment
$999,001
Improvements Assessment
$1,709,985
Total Assessment
$2,708,986
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Brand New Corporate Lease | Signalized Corner | 4704 Pacific Ave
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