West Lane Plaza Shops Retail FOR SALE


Stockton, CA - Valley Oak
$6,500,000 USD
209-475-5118
, Stockton, CA for Sale
$6,500,000 USD
Retail - FOR SALE
1/7
null | 5.68% Cap Rate

West Lane Plaza Shops
Stockton, CA
Valley Oak


HIGHLIGHTS

  • Located at one of Stockton’s most trafficked intersections, a true Main and Main location.
  • Surrounded by national retailers including Costco, Walgreens, Planet Fitness, Starbucks.
  • 5.68% cap rate on current income, with upside potential.
  • Priced far below replacement cost ($244 PSF).
  • Multiple pads available with sale allowing for several value add strategies.

OVERVIEW

The West Lane Plaza Shops are a ±26,647 SF (including B of A kiosk) multi-tenant retail center that is strategically located at the northwest west corner of Hammer Lane and West Lane in Stockton, CA. Situated along the high-visibility Hammer Lane corridor, a major East/West corridor that connect Interstate 5 to Highway 99, the property benefits from excellent accessibility and exposure, with over 68,000 vehicles passing daily. Its prime location offers proximity to key traffic generators, amenities and significant growth opportunities. This value-add opportunity presents experienced investors several opportunities to increase value through lease up of remaining vacant spaces, spinning off existing pads, renewing existing tenants at market rents. Contact brokers for more information.

ASK ABOUT THIS PROPERTY

Adam LucatelloColliersMore Info
209-475-5118

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Adam LucatelloColliersMore Info
209-475-5118

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.