Commercial Property with Tenant in
For Sale
Contact for pricing
1143 E Main St, Stockton, CA
Commercial property for sale with existing tenant and lease.
Property Size1,574 SF
Lot Size0.12 Acres
Price / SF$285.90
Days on Market1743
Property Features for 1143 E Main St
General Information
Standard status
Active
Size
1,574 SF
Lot size
0.12 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
South Stockton
Listing Agency:
DC & Associates
(209) 372-3122
Listed By:
Jeff Dolen
(209) 665-5598
Source:
Moodyscre
Added: Jan 21, 2022
Changed: Oct 25
Last Checked: Oct 28 at 12:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DC & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property offers an opportunity to collect rent for the next 3 years, as the tenant has an existing lease with 3 years remaining, paying $2500.00 per month. The property is situated on a busy corner lot and includes its own parking area. It is located blocks away from the freeway, downtown Stockton, restaurants, and shops, providing great exposure. The property size is 1574 square feet.
Key Highlights
- Existing tenant provides immediate rental income of $2500/month with 3 years remaining on lease.
- Located on a busy corner lot offering high visibility.
- Includes dedicated parking upfront.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,900
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,000
$378.0K
Cap Rate 7%
$270,000
$270.0K
Cap Rate 9%
$210,000
$210.0K
Market Conditions
NOI Build-Up for 1,574 SF
Gross rent
$28.3K $18.00/SF
− Vacancy
−$1.3K −$0.85/SF
EGI
$27.0K $17.15/SF
− OpEx
−$8.1K −$5.15/SF
NOI
$18.9K $12.01/SF
Area
Stockton, CA
Vacancy
4.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,000
Cap Rate 7%
$270,000
Cap Rate 9%
$210,000
Alternative Uses
Best Use
Retail
$270.0K
$236.3K – $315.0K
NOI $18,900 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$425.6K
$372.4K – $496.6K
NOI $29,795 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,017
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Faith Plant Boutique — 42 N Sutter St Suite 214, Stockton, CA 95202
- Alex Floral Co — 33 N American St, Stockton, CA 95202
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property for sale with existing tenant and lease.
Where is this storefront property located?
The property is located at 1143 E Main St Stockton, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Existing tenant provides immediate rental income of $2500/month with 3 years remaining on lease.; Located on a busy corner lot offering **high visibility**.; Includes **dedicated parking upfront**.
