Commercial Property with Tenant in
1143 E Main St Stockton, CA
For Sale
Contact for pricing
Commercial property for sale with existing tenant and lease.
Property Size1,574 SF
Lot Size0.12 Acres
Price / SF$285.90
Days on Market1650
Property Features for 1143 E Main St
General Information
Standard status
Active
Size
1,574 SF
Lot size
0.12 Acres
Property subtype
RETAIL
Listing Agency:
DC & Associates
(209) 665-5598
Listed By:
Jeff Dolen
(209) 665-5598
Source:
Moodyscre
Added: Jan 21, 2022
Changed: Jul 6
Last Checked: Jul 21 at 4:31AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.3k | $18.00 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $27.0k | $17.15 |
| − OpEx | −$8.1k | −$5.15 |
| NOI | $18.9k | $12.01 |
1,574 SF · lease $18.00/SF/yr · vacancy 4.70% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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**.
