For Sale | Single-Tenant Net-Leased Investment | Stockton, CA
$1,950,000
434 Doctor Martin Luther King Junior Boulevard, Stockton, CA 93307
5.35
Cap Rate
3,053 sqft
Building Size
Details:
Highlights:
- New 10-Year Corporate Lease | Tenant Has Over 320 Locations in 4 States
- Signalized Hard Corner | Over 24,500 ADT @ MLK Blvd. and California Street
- 10% Rental Increases Every 5-Years | No Early Lease Termination Rights
- 2019 Remodel | Huge Investment by Tenant for its Improvements
Description:
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this newly remodeled ±3,053 square foot free-standing commercial building leased to the Western Dental and located at the signalized hard corner of Dr. Martin Luther King Jr. Boulevard and California Street in Stockton, California. The subject property is well positioned directly along Martin Luther King Jr. Boulevard (Charter Way), a strategic commercial thoroughfare connecting the southern portion of the City of Stockton to Interstate 5 to the west of the subject property and State Highway 99 to the east of the property. This offering presents an investor with an opportunity to acquire a single tenant corporate long-term net-leased asset.
Documents:
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Investment Flyer
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Location
Gallery
